Payroll Department Archive

  • Sign Up Now to Receive W-2 Electronically

    Sign Up Now to Receive W-2 Electronically

    The Payroll Department announces that the time is approaching for Form W-2 to be sent to Illinois Tech employees. If you would like to receive your W-2 form electronically, sign up by January 11, 2019. To sign up for electronic…

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  • Help us Pay You

    Help us Pay You

    Due to the Fourth of July holiday, the university will be closed on Wednesday, July 4.

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  • New 2018 Form W-4 now Available

    New 2018 Form W-4 now Available

    As a result of the new Tax Cuts and Jobs Act in December, the Internal Revenue Service recently released an updated Form W-4 to help taxpayers check their 2018 tax withholding.

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  • 2018 Income Tax Withholding Tables Implemented

    2018 Income Tax Withholding Tables Implemented

    On January 11 the IRS released updated tax withholding tables for 2018 in response to the recent Tax Cuts and Jobs Act of 2017 with the requirement that the 2018 withholding calculation should be implemented by Thursday, February 15.

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  • 2017 Electronic W-2 Form now Available on myIIT

    2017 Electronic W-2 Form now Available on myIIT

    If you signed up to receive your W-2 form electronically, your 2017 W-2 is now available through myIIT.

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  • Time Sheet Deadlines for Rev. Dr. Martin Luther King Jr. Day

    Time Sheet Deadlines for Rev. Dr. Martin Luther King Jr. Day

    Illinois Tech will be closed on Monday, January 15 in observance of Rev. Dr. Martin Luther King Jr. Day.

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  • IRS Announces Business Mileage Rate Increase for 2018

    IRS Announces Business Mileage Rate Increase for 2018

    On January 1 the standard mileage rate for privately owned vehicles while on official Illinois Tech business increased to 54.5 cents per mile, an increase of one cent from the 2017 rate.

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  • Pay Date January 5, 2018 (BW 1) – Approvals due by December 22

    Pay Date January 5, 2018 (BW 1) – Approvals due by December 22

    Due to the Christmas Holiday, time cards for the period of Sunday, December 17, 2017 through Saturday, December 30, 2017 for the pay date of Friday, January 5, 2018 (BW 1) must be submitted by 10 a.m. and approved no later than 4 p.m. on Friday, December 22, 2017.

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  • Help Us Pay You

    Help Us Pay You

    Due to the Thanksgiving holiday, time for the pay period from November 5, 2017 through Saturday, November 18, 2017 to be paid on Friday, November 24, 2017 must be input into Banner by employees by 10 a.m. and approved by departments by 4 p.m. on Friday, November 17, 2017.

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  • State Income Tax Rate Increase

    State Income Tax Rate Increase

    The Illinois General Assembly in Public Act 100-0022 increased the state income tax rate for individuals from 3.75 percent to 4.95 percent, effective July 1, 2017. This rate increase will be reflected beginning with the next payroll pay date of Friday, July 21, 2017.

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