The Social Security Number is being moved to the top of the W-2 form as the result of complaints that in the current form, where the number is underneath the name/address window in the envelope, it was sometimes visible.
Federal Minimum Wage changes are not the only changes to be aware of. Some but not all states altered their state minimum wage rates in July.
Payroll rates and bases - 2007
Soc. Sec. and Medicare rates 6.20%/1.45%
Social Security wage limit $97,500
Medicare wage limit Unlimited
FUTA taxable wage base $7,000
FUTA rate 6.2%
FUTA maximum credit 5.4%
Minimum FUTA deposit rate 0.8%
Mileage - 2007
* Can be used only if taxpayer owns/leases a passenger auto, van, pickup, or panel truck not for hire (e.g. as taxi) that was not depreciated under ACRS, MACRS, or Sec. 179 in earlier years.
-The General Ledger, August 2007