Payroll Oklahoma, Unique Aspects of Oklahoma Payroll Law and Practice

| Total Words: 719

Payroll Oklahoma, Unique Aspects of Oklahoma Payroll Law and Practice

The Oklahoma State Agency that oversees the collection and reporting of State income taxes deducted from payroll checks is:

Oklahoma Tax Commission
Withholding Tax Division
2501 Lincoln Blvd.
Oklahoma City, OK 73194
(405) 521-3155

Oklahoma allows you to use the Federal W-4 form to calculate state income tax withholding.

Not all states allow salary reductions made under Section 125 cafeteria plans or 401(k) to be treated in the same manner as the IRS code allows. In Oklahoma cafeteria plans are not taxable for income tax calculation; not taxable for unemployment insurance purposes. 401(k) plan deferrals are not taxable for income taxes; taxable for unemployment purposes.

In Oklahoma supplemental wages are taxed at a 6.65% flat rate.

W-2s are not required in Oklahoma.

The Oklahoma State Unemployment Insurance Agency is:

Employment Security Commission
Unemployment Insurance Division
P.O. Box 52003
Oklahoma City, OK 73152
(405) 667-7138

To view and download this full PLR article, you must be logged in. Registration is completely free. Once you create your account, you will be able to browse, search & downlod from our PLR articles database of over "1,57,897+" on 1,000's of niches and 200+ categories without paying a penny. Click here to signup...

** PLR to VIDEO: Create Awesome Videos From PLR Articles... FAST!...