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U.S. Payroll U.S. payroll taxes have been updated as changes have been announced. Please ensure you update your program from our website before processing your first payroll in 2010, and before you print your tax slips (9.5.4). This will ensure you have all the latest statutory updates. Also, please verify your state unemployment tax and ensure that the employer portion entered in 9.5.4 has the correct percentage in the auxiliary field (9.5.1). This percentage will be unique to each company and assigned by your state. Please ensure the percentage is entered correctly, for example 5.4% would be entered as .054. Tax Slip Preparation Tips: If you are printing your agents tax forms (9.5.4), and nothing shows up for Fees Deducted, go into E.1.3 and make sure that your fees have YES in the Deduct from 1099 field. Then double-check your Options have been setup correctly (9.5.4, Options button in the bottom left hand corner). For a detailed report to match to your agent tax slips, please print 9.5.7. Please see the tutorials on our website www.lwolf.com or the instructions in the HELP menu for more information on preparing your tax slips. |
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