Tuesday, January 15, 2013

Payroll Tax Update for 2013 Now Available

by BSS 14. January 2013 08:47

The Payroll Tax Update for 2013 is now available

Customers who do not process payroll through Business Plus Accounting can disregard this update.

The IRS has released updated payroll tax rates for 2013. The updated tax tables are now available for Business Plus Accounting customers.

How to obtain the Payroll Tax Update for 2013

The tax table update is $75. To receive the updated files, please contact our sales department via e-mail at sales@businessoftware.com or call 801-336-3303.

Social Security Payroll Tax Rates: The social security tax rate for all employees has now reverted to 6.2%. You can set this rate in Business Plus Accounting from the "change Federal Tax Limits" option in Payroll. You can get more information from our Updating BPA Payroll Tax Information blog post. This change should be implemented immediately.

Source: http://www.businessoftware.com/blog/post/2013/01/14/The-Payroll-Tax-Update-for-2013-Now-Available.aspx

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