CL Header PNG
QUICKBOOKS UPDATE
January 11, 2011
For Immediate Release
Contact:
813-286-7373
C&L Value Advisors LLC

QuickBooksTM Tax Table Updates

As most of you know, the IRS has decided to give all of us a break on our Social Security taxes this year.  The amount to be withheld from employees is only 4.2% instead of 6.2% (this change is only on the employees withholding and employers still pay 6.2%.)  In order to make sure QuickBooks TM is calculating your payroll checks correctly, please make sure that you install the most current tax tables from QuickBooks TM.  If you feel that your payroll is calculating incorrectly, please give us a call at 813-286-7373.
 
Also, QuickBooks TM will no longer be supporting any versions older than 2009.  Please make sure to upgrade your QuickBooks TM this year if you are still working with an older version.