Payroll Tax Update for 2011

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Hugh McVeigh asked a question on 21 Dec 2010 1:35 PM

Has there been any time frame set for GP to issue updates to the Tax Tables for the 2% employee Social Security tax reduction. Our first payroll is early in 2011. I do understand that we don't have to implement immediately and that there is some form of phased in implementation, but I am running payroll for a little over 400 employees and don't want to have to do adjustments for the first 2 or 3 payruns.

Any information would be helpfull

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Suggested Answer
Richard L. Whaley responded on 21 Dec 2010 2:49 PM

There is another post from today (maybe yesterday) that states that MS is working fast to release these updates as quickly as possible.  There is no date as of yet but they are aware of your time frame as many firms are in the same situation.

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Suggested Answer
Richard L. Whaley responded on 21 Dec 2010 2:49 PM

There is another post from today (maybe yesterday) that states that MS is working fast to release these updates as quickly as possible.  There is no date as of yet but they are aware of your time frame as many firms are in the same situation.

Reply