Payroll South Dakota, Exclusive Aspects of South Dakota Payroll Law and Practice

South Dakota has no State Earnings Tax. There for there is no State Agency to oversee withholding deposits and reports. There are no State W2's to file, no supplement wage withholding rates and no State W2's to file. Not all states let salary reductions made under Section 125 cafeteria plans or 401(k) to be treated in the exact same manner as the IRS code allows. In South Dakota cafeteria plans are taxable for unemployment insurance purposes. 401(k) program deferrals are taxable unemployment purposes. South Dakota does not have revenue tax. The South Dakota State Unemployment Insurance Agency is: Department of Labor  Unemployment Insurance Division  Box 4730, 420 S. Roosevelt St. Aberdeen, SD 57402-4730 (605) 626-2452  www.state.sd.us/dol/ui/ui-house.htm  The State of South Dakota taxable wage base for unemployment purposes is wages up to $7,000.00. South Dakota has optional reporting of quarterly wages on magnetic media. Unemployment records should be retained in South Dakota for a minimum period of four years. This data usually contains: name social security number dates of employ, rehire and termination wages by period payroll spend periods and spend dates date and circumstances of termination. The South Dakota State Agency charged with enforcing the state read wage and hour laws is: Department of Labor  Division of Labor and Management  700 Governors Dr. Pierre, SD 57501-2291 (605) 773-3681  www.state.sd.us/dol/dol.htm  The minimum wage in South Dakota is $five.15 per hour. There is also no common provision in South Dakota State Law covering paying overtime in a non-FLSA covered employer. South Dakota State new employ reporting specifications are that every single employer need to report every single new employ and rehire. The employer ought to report the federally needed elements of: Employee's name  Employee's address  Employee's social security number  Employer's name  Employers address  Employer's Federal Employer Identification Number (EIN)  This information ought to be reported inside 20 days of the worth reading hiring or rehiring. The information can be sent as a W4 or equivalent by mail, fax or electronically. There is a civil proceeding for a petty offense for a late report in South Dakota. The South Dakota new hire-reporting agency can be reached at 888-827-6078 or on the net at Dakota does allow compulsory direct deposit but cash advances online the employee's choice of economic institution must meet federal Regulation E regarding option of financial institutions. South Dakota has no State Wage and Hour Law provisions concerning spend stub information. South Dakota requires that employee be paid no much less often than monthly. In South Dakota there are no statutory specifications concerning the lag time amongst when the services are performed and when the employee need to be paid. South Dakota payroll law calls for that involuntarily terminated workers ought to be paid their final pay by subsequent standard payday if all employer property is returned and that voluntarily terminated staff must be paid their final pay by the next standard payday if all employer property is returned. There is no provision in South Dakota law concerning paying deceased staff. Escheat laws in South Dakota demand that unclaimed wages be paid over to the state soon after a single year. The employer is further essential in South Dakota to preserve a record of the wages abandoned and turned more than to the state for a period of ten years. South Dakota payroll law mandates no a lot more than $3.02 may be utilised as a tip credit. In the South Dakota payroll law there is no provision covering needed rest or meal periods. South Dakota statute demands that wage and hour records be kept for a reasonable period. These records will commonly consist of at least the information needed below FLSA. The South Dakota agency charged with enforcing Child Support Orders and laws is: Workplace of Kid Support Enforcement  Department of Social Services  700 Governor's Dr. Pierre, SD 57501-2291 (605) 773-3641  Dakota has the following provisions for child support deductions:  When to begin Withholding? Subsequent payday following service. When to send Payment? Within 7 days of Payday. When to send Termination Notice? Inside five days of termination. Maximum Administrative Fee? no provision Withholding Limits? 50% of earnings. Please note that this article is not updated for alterations that can and will take place from time to time.