🏛️
Taxes
New York Payroll Taxes 2026: Complete Overview for Employers
All NY employer taxes — state income tax withholding, SUI, SDI, PFL, and MCTMT. Rates, wage bases, and filing schedules.
Practical, accurate resources for New York small business owners — covering payroll taxes, labor laws, and compliance.
All NY employer taxes — state income tax withholding, SUI, SDI, PFL, and MCTMT. Rates, wage bases, and filing schedules.
Register at labor.ny.gov for UI, set up SDI and PFL through a private carrier, and MCTMT registration for NYC metro employers.
New employer rate 4.1%, construction 5.5%, wage base ~$12,500, experience rating, and the NY UI trust fund.
PFL ~0.388% employee-paid, 12 weeks at 67% of average weekly wage. SDI up to $0.60/week. Private carrier required.
NYC and downstate counties $16.50/hr, rest of state $15.00/hr. Annual CPI increases. No tip credit below minimum wage.
0.34% payroll tax for NYC metro employers with $312,500+ quarterly payroll. Covers NYC plus 7 surrounding counties.
FICA, Social Security, Medicare, FUTA, federal withholding — the complete breakdown of what employers owe.
Get your EIN, register with the state, set up withholding, new hire reporting — the complete first-payroll checklist.
IRS 3-factor test, New York enforcement, misclassification penalties, and when each classification makes sense.
IRS lookback period, deposit thresholds, next-day rule, EFTPS, and penalties for late deposits.
Federal and state new hire reporting requirements, what to report, how to file, and penalties for non-compliance.
FLSA, IRS, and New York recordkeeping requirements — what to keep, how long, and why it matters.
ALE threshold, penalties for non-compliance, 1094-C/1095-C filing, small business exemption, and SHOP marketplace.
Misclassifying workers, wrong withholding, missed deposits, ignoring state law — the mistakes that add up fast.
Detailed comparison of Gusto, Paychex, QuickBooks Payroll, and ADP for New York small businesses.
Federal OT after 40 hrs/week, New York salary exempt thresholds, and key differences from federal rules.