(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:
The UTSA Consortium for Social Transformation; African American Studies Program presents guest speaker Dr. Gaye Theresa Johnson, associate professor of Chicana and Chicano Studies, and African American Studies, University of California at Los Angelesand author of "Spaces of Conflict Sounds of Solidarity: Music, Race, and Spacial Entitlement in Los Angeles" and "Futures of Black Radicalism." The event is free and open to the public.
University Center, Denman Room (UC 2.01.28), Main Campus
Put on drunk goggles and navigate a pedal cart at the U in the Driver Seat Alcohol Awareness event, hosted by UTSA PD and Sigma Lambda Gamma.
Sombrilla Plaza, Main Campus
The UTSA Honors College hosts a sneak CineFestival preview of the documentary Somos Lengua, a new documentary about the Mexican hip hop scene. Jim Mendiola, the CineFestival Director, will screen the movie and present a festival overview.
University Center, Bexar Room (UC 1.102), Main Campus
Grab your friends, family, kids and dog for this annual fun run on the UTSA Main Campus benefititng the UTSA Alumni Association.
Convocation Center, Main Campus
Join the Department of Interdisciplinary Learning and Teaching for the 13th annual Storytelling Festival. The festival will feature keynote speaker Carolina Quiroga-Stultz, a Colombian Storyteller and journalist. This event is free and open to the public.
Main Building, ground floor, Main Campus
The IDS Colloquium showcases the excellent scholarship done by the IDS students in the College of Education and Human Development at UTSA. In addition, this event also honors the legacy of Dr. Marian Martinello.
Business Building, University Room (BB 2.06.04), Main Campus
The Department of Biology and the Be the Match Team will collaborate to engage and educate our students in the importance of a life saving donation through peripheral blood stem cells and a marrow harvest.
UC Paseo and Central Plaza, Main Campus
UTSA welcomes the Italian-born duo Bandini-Chiacchiaretta. They've toured the world performing Argentine Tango music on guitar and bandoneon, the instrument of Astor Piazzolla. Tickets are $10 or free with UTSA Student I.D.
Arts Building, Recital Hall (ARTS 2.03.02), 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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