VCU Procurement Services

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Category results for: payroll

Tuition Benefit Taxation Overview Webinar

In August 2026, VCU Human Resources and Payroll Services hosted a Tuition Benefit Taxation Overview Webinar to help employees better understand the tuition benefit program and its potential tax implications. The webinar covered program eligibility, the application process, the difference between tuition benefit and tuition reimbursement, and how the benefit may affect annual taxes. Employees […]

Fringe Rate Changes for Fiscal Year 2026: What You Need to Know

The Controller’s Office and the Budget Office are working on updating the fringe rates applicable to fiscal year 2026. Formal rate approval was received on March 10, 2026, and is applicable to transactions incurred on or after July 1, 2025. Updated Fringe Rates Update Process – Controller’s Office Update Process – Budget Office The Budget […]

Understanding the Tax Impact of Tuition Benefits: Upcoming Payroll Services Webinars

Payroll Services will hold Quarterly Tuition Benefit Taxation Overview Webinars to assist employees in understanding how this benefit may impact annual taxes.Employees may register for an upcoming session via the below links. Future sessions may be found on the Employee Tax Updates section of the Payroll Services section of the Controller’s Office website.

✨ People Moves & Milestones: Finance & Administration Updates

From new faces to fond farewells, here’s what’s been happening recently across Finance and Administration teams!