Virginia Payroll Taxes 2026: Complete Overview for Employers
Virginia graduated 2%β5.75% income tax, SUI on $8,000, and all employer obligations.
Practical, accurate resources for Virginia small business owners — covering payroll taxes, labor laws, and compliance. Written by the payroll professionals at Pacific Data Services.
Virginia graduated 2%β5.75% income tax, SUI on $8,000, and all employer obligations.
How to register with Virginia Department of Taxation and Virginia Employment Commission as a new Virginia employer.
New employer rate 2.73%, experienced range 0.33%β6.43%, wage base $8,000.
Virginia minimum wage is $12.41/hr. Virginiaβs minimum wage is $12.41/hr. Tipped employees may be paid $2.13/hr.
Semi-monthly or bi-weekly pay required. Final pay: Final wages are due on the next regular payday after separation..
FICA, Social Security, Medicare, FUTA, federal withholding — the complete breakdown.
EIN, state registration, withholding setup, new hire reporting — complete checklist.
IRS classification rules, Virginia-specific considerations, and misclassification penalties.
IRS lookback period, deposit thresholds, next-day rule, EFTPS, and penalties.
Federal and Virginia new hire reporting requirements, deadlines, and penalties.
FLSA, IRS, and Virginia recordkeeping — what to keep, how long, and why.
ALE threshold, penalties, 1094-C/1095-C filing, small business exemption.
Misclassifying workers, wrong withholding, missed deposits — mistakes that add up fast.
Gusto vs Paychex vs QuickBooks vs ADP for Virginia small businesses.
Federal OT after 40 hrs/week, Virginia overtime rules, exemptions, salary thresholds.