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Intuit has released Payroll Update 21113 , which includes revised tax tables.  What do I need to do? It's important that you receive everything in the Payroll Update to make sure that you are in compliance with legislation that affects your payroll. Just follow these three simple steps: Check to see if you have Automatic Updates turned on. -- Choose Help > Update QuickBooks. -- On the Options tab, you will see either Yes or No selected for Automatic Update. If Yes is selected, you should receive all Payroll Updates automatically when they are released the next time you are connected to the internet. You can verify that you received Payroll Update 21113 from within QuickBooks. Go to Employees > Get Payroll Updates . You should see a message that says, "You are using tax table version 21113." If No is selected for Automatic Update, you need to download the update manually. Disk delivery customers: The next dis...

Effective April 1, 2011, and beginning with all first quarter 2011 filings, the California Employment Development Department (EDD) is modifying the existing payroll tax forms and changing the filing frequency for the Contribution Return. In summary, the changes are:  The DE 7, Annual Reconciliation Statement, is being replaced with the DE 9, Quarterly Contribution Return and Report of Wages. The DE 9 must now be filed on a quarterly basis.  The DE 6, Quarterly Wage and Withholding Report, is being replaced with the DE 9C, Quarterly Contribution Return and Report of Wages (Continuation). The DE 9C filing is still required quarterly.  There is no change to the DE 88, Payroll Tax Deposit form. What You Need to Do Intuit Payroll is committed to keeping you up-to-date with your payroll service and making sure you have the latest information. If you currently file and pay to the California Employment Development Department using DE 6 and/or DE 7, here’s how the EDD changes may a...

Intuit has released Payroll Update 21108 , which includes revised tax tables. Several forms updates are also included for Standard and Enhanced Payroll subscribers. To see the complete contents of this update, click here . Got a QuickBooks Mess? Call The QuickBooks Gal! 775-348-9225 Call Northern Nevada's Only Intuit Solution Provider! Sales, Support, and Training 775-348-9200 qbdoc@qbdoc.com www.qbdoc.com The QuickBooks Gal Custom Business Solutions 1755 E Plumb Lane, Ste 101 Reno, NV 89502 775-348-9225 jayne @ qbgal.com

The following rates are meant for employees, self-employed individuals, or other taxpayers to use in computing the deductible costs of operating an automobile for business, charitable, medical, or moving expense purposes. Business*--               $0.51/mile Relocation--             $0.19/mile Medical--                  $0.19/mile Charitable Rate--      $0.14/mile * Can be used only if taxpayer owns/leases a passenger auto, van, pickup or panel truck not fir hire (e.g., as a taxi) that was not depreciated under ACRS, MACRS or Sec. 179 in earlier years. Got a QuickBooks Mess? Call The QuickBooks Gal! 775-348-9225    Call Northern Nevada's only Intuit Solution Provider! Sales, Support, and Training 775-348-9200 qbdoc@qbdoc.com www.qbd...

Social Security Rates Have Changed!  Be sure you are using the right rates! Soc. Sec. and Medicare Rates            4.20%   Employ EE                                                            6.2% Employ ER Social Security Wage Limit                 $106,800 Medicare Wage Limit                          Unlimited FUTA-taxable Wage Base                  ...

Important Details: Social Security Rate Reduction The Tax Relief, Unemployment Insurance Authorization, and Job Creation Act of 2010 signed by President Obama in December includes a one-year reduction in the Social Security payroll tax for all workers. Effective January 1, 2011, the employee portion of the tax is 4.2%. However, the employer portion of the tax is unchanged and will remain at 6.2%. This means that the liabilities for employee and employer portions will not match for tax year 2011. Employee Impact: New Federal Withholding Tables The 2011 federal withholding tables do not include the Making Work Pay credit. This credit expired on December 31, 2010, which means that your employees may see an increase in their federal withholding taxes on their 2011 paychecks . For details on the 2011 withholding tables, see Publication 15 on the IRS website.  Got a QuickBooks Mess? Call The QuickBooks Gal! 775-348-9225 jayne@qbgal.com  Northern Nevada's Only  Intui...