(Jan. 6, 2011)--The Tax Relief Act 2010 was passed by Congress and signed into law Dec. 17 and went into effect Jan. 1. Income tax withholding tables were updated and went into effect Jan. 3 for the first UTSA payroll date of the new year. The Bush Era federal tax rates set to expire Dec. 31, 2010, were extended by the Tax Relief Act 2010 to Dec. 31, 2012. The Bush Era tax rates were set by bills enacted into law in 2001 and 2003.
The American Recovery Reinvestment Act (ARRA) Making Work Pay Tax Credit was allowed to expire Dec. 31, 2010. Enacted in February 2009, the tax credit allowed an income tax credit of $400 for single individuals and $800 for married couples filing jointly. The Making Work Pay Tax Credit was paid through reduced income tax withholding.
The Tax Relief Act 2010 makes a major change in withholding Social Security taxes from employees. For wages paid in 2011, Social Security tax will be reduced from 6.2 percent to 4.2 percent for the first $106,800. The maximum that can be withheld will be $4,485.60, a decrease of $2,136 from the 2010 maximum of $6,621.60. UTSA departments (employers) will continue to pay the full 6.2 percent portion of the employee's covered wages paid in 2011. The effective period of reduced Social Security tax for employees is Jan. 1-Dec. 31, 2011, as determined by payroll check date.
Other provisions of the Tax Relief Act 2010
Employees can change income tax withholding election
According to the new income tax withholding tables, employees can change their withholding tax amount for paychecks for the remainder of 2011. Employees have two options for changing income tax withholding:
Ron Ellis conducts the student instrumental ensemble in a free concert that is open to the public.
Arts Building, Recital Hall (Arts 2.03.02), Main Campus
The UTSA Office of Veteran and Military Affairs is hosting a day full of outreach events and activities by the U.S. Navy as part of a larger Navy presence in San Antonio called Navy Week with various events in the community through Feb. 25.
Student Union Paseo and Convocation Center entrance, Main Campus
Join this interactive play that is a courtroom drama and the audience is the jury. Discussion and will follow.
Student Union, Retama Auditorium (SU 2.02.02), Main Campus
Langston Clark, UTSA assistant professor in the Department of Kinesiology, Health, and Nutrition will discuss exploring the historical context for the role of black athletes in contemporary social movements.
John Peace Library, Assembly Room (JPL 4.04.22), Main Campus
The UTSA African American Studies program invites speakers from the leading African American Fraternities and Sororities for a panel discussion of the history of each organization and to enlighten the audience about the community service, academic purpose, professionalism and ethical roots of each group.
Student Union, Mesquite Room (SU 2.01.24), Main Campus
MuTe Fest is a celebration of original music and technology. Three days of concerts, sessions, and informative lectures will offer a unique experience of musical works created by fellow UTSA students and the chance to gain valuable knowledge about music technology.
Art Building, Music Tech Lab (Arts 3.01.30B), Main Campus
UTSA Libraries hosts Assistant Professor Ian Caine for his lecture, Architectural Postcards from Space, as part of the popular Pizza + Research series. Pizza will be served while supplies last.
Buena Vista Street Building (BVB 2.304), Downtown Campus
The theme of this year’s symposium is Black & Brown Futures. The free event will give UTSA students and the community the opportunity to meet and hear national scholars talk about current research and academic trends relevant to the lives of African Americans in the United States.
Student Union, Denman Room (SU 2.01.28), Main Campus
The University of Texas at San Antonio is dedicated to the advancement of knowledge through research and discovery, teaching and learning, community engagement and public service. As an institution of access and excellence, UTSA embraces multicultural traditions and serves as a center for intellectual and creative resources as well as a catalyst for socioeconomic development and the commercialization of intellectual property - for Texas, the nation and the world.
To be a premier public research university, providing access to educational excellence and preparing citizen leaders for the global environment.
We encourage an environment of dialogue and discovery, where integrity, excellence, inclusiveness, respect, collaboration and innovation are fostered.