Florida State Payroll Tax Information
PayWow equips your business with the latest resources on state withholding and filings.
Florida Withholding Requirements
The state of Florida has no Florida Withholding requirements and therefore there are no state taxes or any local taxes. Florida also does not impose any reciprocal agreements with any other states.
Florida withholding requirements and calculations is automatically done by PayWow and deposits are done on-time.
Get Started NowState Disability Insurance
Florida does not have state disability insurance (SDI).
State Labor Laws
Florida Minimum Wage Rate:
The minimum wage rate for the state of Florida is $8.56/hr, which is effective from the 1st of January 2020.
If your business has tipped employees, the state imposes a minimum wage of $5.54/he, in addition to their tip values.
In case, an employer is found to be violating the minimum wage requirements, then they are subject to a penalty of $1,000 per violation, that is payable to the state.
In PayWow, once you add employees and their compensation types, their paychecks will be automatically calculated.
New Hire Reporting
As an employer of the state of Florida, you must report all your new hires and rehired employees to the state agency within 20 days of their employment.
Details Required to Complete New Hire Report:
Following are the details required to complete the new hire report:
Employer Details:
Employer Name, Address, State Employer Identification Number(Unemployment Insurance Number), Federal Employer Identification Number (FEIN).
Uses of New Hire Report:
Employee Name, Address, Social Security Number, Date of Hire, Date of Birth (Optional).
Uses of New Hire Report:
If you have the new hire reports, those will be used for:
- Establishing and enforcing child support orders
- Detecting Unemployment Benefits overpayments and fraud
- Detect Workers' Compensation overpayments and fraud
The new hire reports can be mailed online to the Florida Child Support Services for Employers. Or, employers can fax those copies to the Child Support Services Division.
The address is:
Florida New Hire Reporting Center,P.O. Box 6500,
Tallahassee, FL 32314-6500,
Phone: (888) 854-4791,
Fax: (888) 854-4762.
Remit Withholding for Child Support
If any of your employees are liable to pay for child support, then you will receive a withholding notice from the state agency asking you to remit payments for child support from the employee's wages. This amount in turn goes to the custodial parent.
But, the state mandates employers to make online payments if they had 10 or more employees for any quarter, or were subject to an amount of $20,000. In the other cases, payments can be mailed to the below address:
Florida State Disbursement Unit,P.O. Box 8500
Tallahassee, Florida 32314-8500.
PayWow lets you record any type of garnishments and during payroll processing, such deductions will be debited from the employee's paycheck.
Local Taxes
There are no local taxes in the state of Florida.
Reciprocal States
Florida does not have reciprocal agreements with other states.
Employer's Quarterly Report- Form RT-6
Employers are required to file Form RT-6 by the end of the month following the close of the previous quarter.
Form RT-6 is a quarterly report for Reemployment assistance taxes that are due even if the business does not have any employees or paid no wages during any quarter.
Quarter | Reporting Period | The Due Date will be on |
---|---|---|
1 | January - March | April 30th |
2 | April - June | July 31st |
3 | July - September | October 31st |
4 | October - December | January 31st |