Monday, July 21, 2008

Payroll Software- W2 Form Local Tax

I added a local tax category to the program, which I discussed before, but the steps are simple.

This Software Program gives the user the ability to add virtually unlimited number of customized tax and deduction categories to do so please follow those steps.
1. Start by going to the Company Setup. You can do that by clicking on the "Company" icon on the left side of the application.
2. Now Click on the "Tax Categories" Button.
3. Click on Add to create a new Tax Category.
4. Fill in the different fields. Below are suggested values:a. Title: School Tax.b. Abbreviation: School Tax.c. Calculation: Fill in the way you will calculate this deduction.e. Select OK to finish.
5. Go to the employees list by clicking the "Employees" button on the left side of the application.
6. Select the employees to whom this tax applies and click edit.
7. Continue clicking next until you reach the "Taxes" Page, you should see the tax you added as one of the listed taxes. Make sure you check the box next to it. Click next and then Finish to finalize your changes

Now the problem is it is not showing the withholdings on my employees’ W2 form. This problem has a simple solution.
1.Start by going to the new category in the company- tax information. You can do that by clicking on the "Company" icon on the left side of the application. Then clicking the Tax Categories tab.
2.Now click on the new tax you have created.
3.Click on the edit tab near the bottom of the box.
4.In the new box that pops up you will see W2 Options. To see the withholdings, in the local tax section of the W2 form, check the box that states use on Box 19.
5.Click ok to complete the change.

The Payroll Program will now populate the local tax line on the W2 form.

This is a wonderful Payroll Solution for employers who are tired of being taken advantage of by the large companies. The outrageous prices, paying for tech support and forcing us to purchase options we do not need.

You can download a free demo if you want to from the link below:
Payroll Software Download