Controller’s Office Archive

  • 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. Please take special notice of the information contained in this document, and share it with your staff and others…

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  • 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. Her colleagues in the Controller’s Office grieve the loss of a tremendous individual and good friend,…

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  • 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…

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  • 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. The rate for earnings above those amounts will increase to…

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  • 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:…

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  • 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.  Sorry for any inconvenience this may cause.…

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  • 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.…

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  • 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. Contact the Controller’s office with any…

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  • 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…

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  • Discontinuation of the Petty Cash Reimbursement Program

    Discontinuation of the Petty Cash Reimbursement Program

    Effective January 17, 2012, the university no longer reimburses for business expenses with petty cash. All reimbursements can now be requested by submitting an Employee Travel and Expense Report to the Accounts Payable department. The Accounts Payable department offers direct…

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