Symmetry Software tax researchers and software engineers have been hard at work tracking all of the 2014 payroll tax changes across the country and implementing them into the Symmetry Software products, including PaycheckCity.
Symmetry Software tax researchers and software engineers have been hard at work tracking all of the 2014 payroll tax changes across the country and implementing them into the Symmetry Software products, including PaycheckCity.
Last year, thanks to the Fiscal Cliff, it took a little longer than usual as we awaited Congress’s decision. This year, 2014 rates that are available as of Friday, December 13th, will be available in the 2014 PaycheckCity calculators on Wednesday, December 18th. We appreciate your patience with us as we work to ensure our calculators are up-to-date for the new year. In addition to the updated federal rates, the following states will have changes in the December 18th release of PaycheckCity:
California
Connecticut
Indiana
Kansas
Kentucky
Maine
Minnesota
New Mexico
New York
North Carolina
Ohio
New withholding lock-in letters are expected to be approved in the near future. Once these letters are updated, the previous letters will be replaced. Employers and employees should know how to treat these lock-in letters.
Gross pay and net pay are two important terms to understand. Which pay is most important to me, and how do I calculate it? With the PaycheckCity net pay calculators, gross pay calculators, and other resources, calculating paychecks is simpler than ever.
The start of the new decade presented many significant changes that impact paychecks. Federal, state, and local tax rates across the country typically change with the coming of the new year. Wage bases also change at the Federal and state level.
PaycheckCity Payroll is an easy and affordable way to do your small business payroll. Sign up for a 7-day free trial today.
