Please be advised that due to legislation enacted by the Pennsylvania General Assembly and signed into law by Governor Rendell, the payroll tax known as the "Emergency & Municipal Services Tax (EMST)" underwent some changes in 2008 that affected all employees subject to this tax.
Beginning in 2008, the EMST will be known as the "Local Services Tax LST)." Some other important changes are as follows:
The Local Services Tax-Exemption Certificate can be found at: Radnor Exemption Certificate
If there are any questions, please call William Martin, Radnor Township's Assistant Director of Finance at 610-688-5600 (ext. 152), Lesley Wilson, Financial Accountant extension 179, or Amy Lacey, Senior Revenue Coordinator at extension 143.
Direct Deposit is a benefit, offered by your Payroll Department. Villanova automatically deposits your pay into one or more bank accounts, even if you are not at work on payday. If you happen to be sick or are on vacation, your pay still goes right into your bank. You can put some aside in the Credit Union or a savings account or a checking account. Imagine, never having to rush to the bank on payday; never worrying about losing your paycheck; and never having to stand in line to get your money. Direct deposit is a safe, convenient way to getting what is yours as quick as possible!
On-Line sign up is available through Novasis in the Employee Information section or via the Direct Deposit Form
Many questions arise with the issuance of the annual IRS form W-2. Most questions involve understanding how each wage relates to your total gross earnings. First of all, if you shelter your medical deductions, you will not find your Gross Earnings anywhere on your W-2. With that said, here is a basic guide of how each wage is determined:
Box 12C -- Taxable cost of group term life insurance
The University provided Basic Life Insurance benefit was enhanced in 2012 to be the greater of $50,000 or 1 x salary. If the amount of your Basic Life Insurance benefit is greater than $50,000, employees participating in this group term life plan are subject to section 79 of the IRS tax code and are taxed on the premium cost of employer provided coverage over $50,000. This information, if applicable, was reported in Box 12 C on the W2. This box is for information purpose only. Applicable taxes would have already been withheld from your pay checks.
Box12DD -- Cost of employer sponsored health coverage
As of 2012, the Patient Protection and Affordable Care Act (PPACA) required that employers begin reporting the value of certain benefits on the W2. As required by law, Villanova University has reported in Box 12DD the total value (employer + employee premiums) of your health care benefits as well as the employer provided cost associated with the Employee Assistance Plan. The amount reported with code DD is not taxable.
Box 12W - Contributions to Health Savings Account
This represents contributions made by yourself and/or Villanova University to a personal health saving account.
Box 14 may contain the following items if applicable:
If you are currently employed at Villanova you can view and print a copy of your W-2 form through Villanova's NOVASIS web system. Click here to access NOVASIS. Once in NOVASIS, go to Employee Information.
You may also access your W-2 via your Mynova account. Simply select the “Work@VU tab”, then click “Tax Information” in the Employee Resources and Quick Links section. Click on “W-2 Wage and Tax Statement”. After selecting the year you wish to view click the “Display” button. You do not have to consent to electronic W-2’s, just click OK or the submit buttons to skip that step. Then simply select File – Print from your web browser menu bar.
You can view and print copies of pay stubs through Villanova's NOVASIS web system. Click here to access NOVASIS. Once in NOVASIS, go to Employee Information.
You may also access your pay stub via your Mynova account. Simply select the “Work@VU tab”, then click “Tax Information” in the Employee Resources and Quick Links section. Click on “Pay Stub”. After selecting the year you wish to view click the “Display” button. Select the date of the pay stub you wish to view and continue from there. If you wish to print the stub, select File – Print from the menu bar within your web browser.
"Where is my W-2?" is a question often posed to the Payroll Department. IRS form W-2 must be post marked no later than January 31. All W-2 forms are mailed by that date. If it is February 15th, and you have not received your W-2, contact the payroll office. First we will verify that the address we sent your W-2 matches where you wanted it to go. We often get W-2’s returned from the U.S. Post Office as undeliverable, so there is a chance we have it in our office.
If we do not have it, you may complete a Duplicate W-2 Request Form.
This form must be completed and signed by the employee (telephone requests will not be processed). Send the completed form to:
800 Lancaster Avenue
Villanova, PA 19085
We print duplicate copies of W-2’s each Wednesday based on the requests received by the previous Friday. We are not able to honor "emergency" requests for copies, so make sure you have your W-2 before you head to your tax preparer.
Looking for a copy of your pay stub? Need a copy of last years W-2? Interested in year to date earnings and deduction information? Have you forgotten what you are claiming on your W-4? The answer to these questions, and others, is simple! Log into Villanova University's NOVASIS web site. Once you have logged on, click Employee Services.