<html xmlns:v="urn:schemas-microsoft-com:vml" xmlns:o="urn:schemas-microsoft-com:office:office" xmlns:w="urn:schemas-microsoft-com:office:word" xmlns:m="http://schemas.microsoft.com/office/2004/12/omml" xmlns="http://www.w3.org/TR/REC-html40"><head><meta http-equiv=Content-Type content="text/html; charset=utf-8"><meta name=Generator content="Microsoft Word 14 (filtered medium)"><title>RTF Template</title><style><!--
/* Font Definitions */
@font-face
{font-family:Calibri;
panose-1:2 15 5 2 2 2 4 3 2 4;}
@font-face
{font-family:Tahoma;
panose-1:2 11 6 4 3 5 4 4 2 4;}
/* Style Definitions */
p.MsoNormal, li.MsoNormal, div.MsoNormal
{margin:0in;
margin-bottom:.0001pt;
font-size:12.0pt;
font-family:"Times New Roman","serif";}
a:link, span.MsoHyperlink
{mso-style-priority:99;
color:blue;
text-decoration:underline;}
a:visited, span.MsoHyperlinkFollowed
{mso-style-priority:99;
color:purple;
text-decoration:underline;}
p.c0, li.c0, div.c0
{mso-style-name:c0;
margin-top:0in;
margin-right:6.0pt;
margin-bottom:0in;
margin-left:6.0pt;
margin-bottom:.0001pt;
line-height:12.7pt;
font-size:12.0pt;
font-family:"Times New Roman","serif";}
p.c1, li.c1, div.c1
{mso-style-name:c1;
mso-margin-top-alt:auto;
margin-right:0in;
mso-margin-bottom-alt:auto;
margin-left:0in;
font-size:11.0pt;
font-family:"Calibri","sans-serif";
color:black;
text-decoration:underline;}
p.c2, li.c2, div.c2
{mso-style-name:c2;
mso-margin-top-alt:auto;
margin-right:0in;
mso-margin-bottom-alt:auto;
margin-left:0in;
font-size:11.0pt;
font-family:"Calibri","sans-serif";
color:black;}
p.c3, li.c3, div.c3
{mso-style-name:c3;
margin-top:0in;
margin-right:6.0pt;
margin-bottom:0in;
margin-left:6.0pt;
margin-bottom:.0001pt;
font-size:12.0pt;
font-family:"Times New Roman","serif";}
p.c4, li.c4, div.c4
{mso-style-name:c4;
mso-margin-top-alt:auto;
margin-right:0in;
mso-margin-bottom-alt:auto;
margin-left:0in;
font-size:11.0pt;
font-family:"Calibri","sans-serif";
color:blue;
text-decoration:underline;}
p.c5, li.c5, div.c5
{mso-style-name:c5;
margin-top:0in;
margin-right:6.0pt;
margin-bottom:0in;
margin-left:61.5pt;
margin-bottom:.0001pt;
text-indent:-.25in;
line-height:12.7pt;
font-size:12.0pt;
font-family:"Times New Roman","serif";}
p.c6, li.c6, div.c6
{mso-style-name:c6;
margin-top:0in;
margin-right:6.0pt;
margin-bottom:0in;
margin-left:97.5pt;
margin-bottom:.0001pt;
text-indent:-.25in;
line-height:12.7pt;
font-size:12.0pt;
font-family:"Times New Roman","serif";}
p.c7, li.c7, div.c7
{mso-style-name:c7;
margin-top:0in;
margin-right:6.0pt;
margin-bottom:0in;
margin-left:115.5pt;
margin-bottom:.0001pt;
text-indent:-.25in;
line-height:12.7pt;
font-size:12.0pt;
font-family:"Times New Roman","serif";}
p.c8, li.c8, div.c8
{mso-style-name:c8;
mso-margin-top-alt:auto;
margin-right:0in;
mso-margin-bottom-alt:auto;
margin-left:0in;
font-size:11.0pt;
font-family:"Calibri","sans-serif";
color:#1F497D;}
span.c11
{mso-style-name:c11;
font-family:"Calibri","sans-serif";
color:black;
text-decoration:underline;}
span.c21
{mso-style-name:c21;
font-family:"Calibri","sans-serif";
color:black;}
span.c41
{mso-style-name:c41;
font-family:"Calibri","sans-serif";
color:blue;
text-decoration:underline;}
span.c81
{mso-style-name:c81;
font-family:"Calibri","sans-serif";
color:#1F497D;}
span.EmailStyle30
{mso-style-type:personal-reply;
font-family:"Times New Roman","serif";
color:#1F497D;
font-weight:normal;
font-style:normal;
text-decoration:none none;}
.MsoChpDefault
{mso-style-type:export-only;
font-size:10.0pt;}
@page WordSection1
{size:8.5in 11.0in;
margin:1.0in 1.0in 1.0in 1.0in;}
div.WordSection1
{page:WordSection1;}
--></style><!--[if gte mso 9]><xml>
<o:shapedefaults v:ext="edit" spidmax="1026" />
</xml><![endif]--><!--[if gte mso 9]><xml>
<o:shapelayout v:ext="edit">
<o:idmap v:ext="edit" data="1" />
</o:shapelayout></xml><![endif]--></head><body lang=EN-US link=blue vlink=purple><div class=WordSection1><p class=MsoNormal><span style='font-size:11.0pt;color:#1F497D'><o:p> </o:p></span></p><div><div style='border:none;border-top:solid #B5C4DF 1.0pt;padding:3.0pt 0in 0in 0in'><p class=MsoNormal><b><span style='font-size:10.0pt;font-family:"Tahoma","sans-serif"'>From:</span></b><span style='font-size:10.0pt;font-family:"Tahoma","sans-serif"'> paynews@fso.arizona.edu [mailto:paynews@fso.arizona.edu] <br><b>Sent:</b> Wednesday, January 11, 2012 10:34 AM<br><b>To:</b> dmarquez@ag.arizona.edu<br><b>Subject:</b> IMPORTANT: Tax Changes Beginning 1/1/2012<o:p></o:p></span></p></div></div><p class=MsoNormal><o:p> </o:p></p><p class=c0><span class=c11><span style='font-size:11.0pt'>FEDERAL TAX CHANGES - EFFECTIVE 1/1/2012:</span></span><o:p></o:p></p><p class=c0><span class=c21><span style='font-size:11.0pt'>The Internal Revenue Service (IRS) has issued new tax withholding tables effective 1/1/2012. The University of Arizona's payroll system has been updated to reflect this change. The new tables will be used to calculate your tax withholdings as of 1/1/2012. The effect of this change will be reflected in your 1/13/2012 pay check.</span></span><o:p></o:p></p><p class=c3><o:p> </o:p></p><p class=c0><span class=c21><span style='font-size:11.0pt'> The changes might change your take home pay. You may want to contact your tax advisor if you are working multiple jobs and/or if you are married (both working) to ensure that you have enough withholding for the calendar year.</span></span><o:p></o:p></p><p class=c0><span class=c21><span style='font-size:11.0pt'> </span></span><o:p></o:p></p><p class=c0><span class=c21><span style='font-size:11.0pt'>If you would like to make changes to your withholding, please submit a revised W-4 using the link below.</span></span><o:p></o:p></p><p class=c0><a href="http://uaccess.arizona.edu/" target="_blank"><span class=c41><span style='font-size:11.0pt'>http://uaccess.arizona.edu/</span></span></a><o:p></o:p></p><p class=c5><span class=c21><span style='font-size:11.0pt'>ยท Main Menu</span></span><o:p></o:p></p><p class=c6><span class=c21><span style='font-size:11.0pt'>o Self Service</span></span><o:p></o:p></p><p class=c7><span class=c21><span style='font-size:11.0pt'>o Payroll and Compensation</span></span><o:p></o:p></p><p class=c7><span class=c21><span style='font-size:11.0pt'>o W-4 Tax Information</span></span><o:p></o:p></p><p class=c0><span class=c21><span style='font-size:11.0pt'> </span></span><o:p></o:p></p><p class=c0><span class=c21><span style='font-size:11.0pt'>Here are some helpful links:</span></span><o:p></o:p></p><p class=c0><a href="http://www.irs.gov/individuals/article/0,,id=96196,00.html" target="_blank"><span class=c41><span style='font-size:11.0pt'>http://www.irs.gov/individuals/article/0,,id=96196,00.html</span></span></a><o:p></o:p></p><p class=c0><a href="http://www.paycheckcity.com/" target="_blank"><span class=c41><span style='font-size:11.0pt'>http://www.paycheckcity.com/</span></span></a><o:p></o:p></p><p class=c0><span class=c21><span style='font-size:11.0pt'> </span></span><o:p></o:p></p><p class=c0><span class=c11><span style='font-size:11.0pt'>SOCIAL SECURITY (FICA) Change - EFFECTIVE 1/1/2012:</span></span><o:p></o:p></p><p class=c0><span class=c21><span style='font-size:11.0pt'>The Social Security Administration (SSA) has announced that the 2012 social security wage base will increase to $110,100. The FICA tax rate change</span></span><span class=c81><span style='font-size:11.0pt'> </span></span><span class=c21><span style='font-size:11.0pt'>to 4.2% for the employee portion only will remain in effect until February 29, 2012, unless there is further federal legislation to change this.</span></span><o:p></o:p></p><p class=c0><span class=c21><span style='font-size:11.0pt'> </span></span><o:p></o:p></p><p class=c0><span class=c21><span style='font-size:11.0pt'>As in prior years, there is no limit to wages subject to the Medicare Tax; therefore, all covered wages are still subject to the 1.45% tax. </span></span><o:p></o:p></p><p class=c0><span class=c21><span style='font-size:11.0pt'> </span></span><o:p></o:p></p><p class=c0><span class=c21><span style='font-size:11.0pt'>Please be informed that the Payroll Department is not allowed to provide any tax advice.</span></span><o:p></o:p></p><p class=c3><o:p> </o:p></p><p class=c0><span class=c21><span style='font-size:11.0pt'>Thank you.</span></span><o:p></o:p></p><p class=c3><o:p> </o:p></p></div></body></html>