What You Need to Know: 2018 Tax Rates and Limits [Download]

What You Need to Know: 2018 Tax Rates and Limits [Download]

It’s hard to keep track of the ever-changing rates and figures related to business taxes. At Xenuim HR, we’re all about helping HR professionals with their day-to-day duties. So at the start of every year, we compile a list of tax figures all employers need to know, along with important dates to keep in mind as the year goes on. Use our 2018 Rates, Limits, and Important Notes document as a reference guide to help answer questions throughout the year and to keep your company on top of any changes to your rates.

The information on this sheet is specific to employers in the Portland Metro area, including Vancouver. It includes information on changes to the minimum wage, local public transportation tax rates, retirement plan limits, and flexible spending account (FSA) limits, along with other important rates and limits.

Download your 2018 reference sheet here.

The 2018 Rates, Limits, and Important Notes document contains the following figures:

Social security wage base, Medicare HI tax, additional Medicare tax, federal and state unemployment, local tax rates related to public transit, retirement plan limits, Oregon Worker Benefit Fund rates, minimum wage for Oregon, Washington, and California (including changes going into effect in July 2018), 2018 bank holidays, IRS flexible spending account limits, and the IRS mileage reimbursement rate.

Brandon Laws

As Director of Marketing, Brandon Laws leads all marketing efforts for Xenium, providing oversight on all marketing campaigns, digital marketing strategy, events, sponsorships and public relations. Brandon brings a positive energy to every aspect of his role at Xenium—from internal initiatives around culture and wellness to industry thought leadership through the Xenium podcast and other social efforts. Active within the HR community, he currently volunteers on the board of the Portland Human Resource Management Association as the Director of Marketing & PR.

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