Author Archives: Karen Carpenter

IRS releases updated Form W-4 and Withholding Calculator

The link below provides information on the new version of Form W-4 and the updated Withholding Calculator. Visit irs.gov for other information related to the Tax Cuts and Jobs Act of 2017.

https://www.irs.gov/newsroom/updated-withholding-calculator-form-w-4-released-calculator-helps-taxpayers-review-withholding-following-new-tax-law

Payroll Office

 

Updated 2018 Federal Tax Withholding Tables

Updated 2018 Federal Tax Withholding Tables

The IRS issued updated Federal withholding tax tables as part of the Tax Cuts and Jobs Act of 2017. Many employees will see an increase in their next paycheck issued in February. The IRS is currently working to revise the Form W-4 and the tax withholding calculator. The links below provide information related to the new Act.

 https://www.irs.gov/newsroom/2018-withholding-tables-now-available

 https://www.irs.gov/newsroom/irs-withholding-tables-frequently-asked-questions

 Please note: Middlebury College cannot offer tax advice or guidance.

 Payroll Office, Middlebury

 

CHANGE IN PAYROLL DEADLINE FOR THE LAST PAYROLL OF 2017 – MONTEREY (CB26)

The Institute will be closed for the December break beginning at 5:01pm on Friday, December 22, 2017 and will end at 11:59pm on Monday, January 1, 2018. The following change has been made to the time entry and time approval deadline.

  • Deadline for submitting AND approving time – Friday, 12/15/17 at NOON (12:00pm)
    • Remember to submit your time prior to NOON to allow supervisors adequate time to approve timesheets; please note, the pay period is 12/11/17-12/24/17 and may include some Holiday time.
    • Non-exempt employees must record December 22nd 5:01 pm through 11:59 pm January 1st as “Holiday.”  Exempt employees do not need to record Holiday hours this period.

Due to the Institute being closed on Friday, 12/29/17, your paycheck for CB26 (check date 12/29/17) will be available for pickup at the following location:

Where: Security Hut behind the Admissions building (Lara Soto Adobe Building.)

When: Any time after 8:30AM; if no one is in the Hut, please use the blue phone to call security and someone will come and give you your check. Please be prepared to show a photo ID.

Please note that 12/29/17 is not a federal holiday and banks will be open. If you have questions regarding the paycheck pickup location or hours, please contact Steve Marino smarino@miis.edu; if you have other questions regarding your paycheck, please contact the Payroll Office in Middlebury payroll@middlebury.edu.

*Sign up for direct deposit now at go/payroll/direct deposit

Please inform all your staff of this change in the payroll schedule

Payroll/Human Resources

CHANGE IN PAYROLL DEADLINE FOR THE LAST PAYROLL OF 2017 (BW26)

The College will be closed for the December break beginning at 5:01pm on Friday, December 22, 2017 and will end at 11:59pm on Monday, January 1, 2018. The following change has been made to the time entry and time approval deadline.

  • Deadline for submitting AND approving time – Friday, 12/15/17 at NOON (12:00pm)
    •  Remember to submit your time prior to NOON to allow supervisors adequate time to approve timesheets; please note, the pay period is 12/04/17-12/17/17 and does not include any Holiday time.
  • Paychecks* will be delivered through regular campus mail on Friday, 12/22/17
  • Paychecks* and direct deposits will be dated Friday, 12/22/17

*Sign up for direct deposit now at go/payroll/direct deposit

 Please inform all your staff of this change in the payroll schedule

Payroll/Human Resources

 

 

 

 

CHANGE IN PAYROLL DEADLINE FOR THANKSGIVING HOLIDAY (BW24)

CHANGE IN PAYROLL DEADLINE FOR THANKSGIVING HOLIDAY (BW24)

To accommodate for the short workweek during the week of Thanksgiving, the following change has been made to the time entry/time approval deadline:

Pay period BW24 (11/06/17 – 11/19/17)

  • Deadline for submitting/approving time – Friday, 11/17/17 10:00am (time entry and ALL approvals)
  • Paychecks and direct deposits issued and dated – Wednesday, 11/22/17

Please inform all your staff of this change in the payroll schedule

Payroll/Human Resources

Important message regarding paperless initiative in Payroll

Dear Faculty, Staff, and Student Employee Colleagues,

As part of our initiative to be more efficient, reduce costs and help in our overall sustainability goals, effective July 1, 2017 (check date July 7, 2017 for Middlebury and July 14, 2017 for Monterey) the Payroll Office will no longer be printing direct deposit stubs. All pay information can be found online via BannerWeb.

The online stub is an enhanced version of the paper stub and contains all the same information, and more. You can find detailed information on deductions, taxable income, employer contributions, year-to-date totals, and tax filing status. The electronic stub can be used for verification of employment for mortgages, loans, etc., and you have access to all of your paystubs anytime.

Access to your paystub is through BannerWeb. Instructions can be found here or at go/payroll.

As a reminder, direct deposit is another way we can all help reduce costs and increase efficiencies. Instructions for direct deposit can be found here or at go/payroll.

Contact payroll@middlebury.edu if you need more information.

Thank you.

Mike Thomas
Vice President for Finance
Middlebury