Controller’s Office Archive

  • Fixed Asset Reminders

    Fixed Asset Reminders

    Fixed Assets Inventory reports will be sent to all departments in the next several weeks in preparations for the annual fixed asset audit.

    Full Story

  • FY2014 Closing Memo

    FY2014 Closing Memo

    The process of closing the books for fiscal year 2014 has begun. Key closing dates and important deadlines are outlined below.

    Full Story

  • Payroll Manager Sharon Muldrow-Thomas Passes

    Payroll Manager Sharon Muldrow-Thomas Passes

    The Controller's Office team and the IIT community mourn the loss of Sharon Muldrow-Thomas, who passed away Monday, April 22nd following a prolonged illness.

    Full Story

  • 2013 Social Security Rate Increase and First Paycheck

    2013 Social Security Rate Increase and First Paycheck

    The Social Security tax rate increase to 6.2% applies to all wages paid in 2013, even if a portion of the wages were earned in 2012. As a result, all wages earned for the period December 23, 2012 through January 5, 2013 but paid in 2013 is subject to the 6.2% rate.

    Full Story

  • Effects of Recent Tax Legislation

    Effects of Recent Tax Legislation

    The recently passed tax legislation preserves tax rates as they were at the end of 2012 except for those individuals earning more than $400,000 and households earning more than $450,000.

    Full Story

  • MainBuilding

    Where Did All the Main Building Offices Go?

    With the move of Marketing and Communications this week, all the offices in Main Building have now relocated to new locations on campus. You will find information on the offices' new locations, along with website links and phone numbers, here.

    Full Story

  • Controller’s Office Moving to Tech Park Central, Closed October 10 – 12

    Controller’s Office Moving to Tech Park Central, Closed October 10 – 12

    The Controller’s Office will be closed from Wednesday, October 10 - Friday, October 12. On these dates, the office will be moving to 3424 South State St., TC-4th Floor.

    Full Story

  • Accounts Payable Update: New Travel and Expense Report Form and Guidelines

    Accounts Payable Update: New Travel and Expense Report Form and Guidelines

    A new version of the Travel and Expense Report Form has been posted to the Controller’s Office Forms site (under the Accounts Payable section). Accounts Payable will accept the old form through next month to accommodate for forms in progress. Travel requests are no longer required for every trip, unless specified by your department. Travel Request Forms are required when using Foremost Travel, IIT’s designated travel agent, or when requesting a travel advance.

    Full Story

  • Employee Travel and Expense Reimbursement Notification

    Employee Travel and Expense Reimbursement Notification

    Beginning on June 15, employees with expense reimbursements will receive email notifications that their reimbursements have been deposited to their bank accounts. Attached to the email will be a copy of the deposited remittance.

    Full Story

  • Controller’s Office Organizational Changes

    Controller’s Office Organizational Changes

    IIT Associate Vice President of Finance and Controller Brian Laffey announced several organizational changes, effective April 1, 2012. These organizational changes will enable the Controller’s Office to align resources to best meet the university’s business needs while providing greater customer service.

    Full Story