(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:
Join the combined UTSA Bands as they perform a program of holiday and seasonal-themed music! This program is appropriate for all ages and includes medleys and arrangements of well-known favorites. Tickets are $10; no free admission.
Arts Building, Recital Hall (ARTS 2.03.02), Main Campus
State Rep. Diego Bernal presents a Q&A panel discussion with MALDEF, RAICES and DMCA Immigration Law Firm about DACA and the current state of affairs for Dreamers. Opening remarks by Congressman Joaquin Castro and Congressman Lloyd Doggett.
Buena Vista Building, Aula Canaria Auditorium (BVB 1.328), Downtown Campus
Graduates from the College of Architecture, Construction and Planning, College of Business, College of Education and Human Development and the College of Public Policy will participate in the first commencement ceremony. President Romo will deliver the keynote address.
Graduates from the College of Engineering, College of Liberal and Fine Arts, College of Sciences and University College will participate in the second commencement ceremony. President Romo will deliver the keynote address.
UTSA's Department of Music hosts Dr. David Huron from Ohio State University as part of the Donald Hodges lecture series. Huron is a Canadian arts and humanities distinguished professor at Ohio State University.
UTSA Faculty Center, John Peace Library (JPL 4.04.22), 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.
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