Payroll and OTL - EBS (MOSC)

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Announcements for Payroll and OTL can now be found in the Announcements - Payroll and OTL - EBS (MOSC) subcategory. Follow to be sure you don't miss a thing!

US PAY Vertex Critical Tax Changes - Payroll Tax Q Series

edited Dec 29, 2012 2:19PM in Payroll and OTL - EBS (MOSC) 3 commentsAnswered
FYI - Vertex just released this interim update.
Thursday, December 27, 2012 - 9:15am

The following changes are effective 1-1-13 and are now available for download in interim update #12/12.01.  Pleasee contact our Product Support Center to request a CD ROM.

US Federal (00-000-0000)
Increased supplemental withholding tax rate for wages up to $1 million from 25% to 28%.
Increased supplemental withholding tax rate for wages over $1 million from 35% to 39.6%.

Hawaii (12-000-0000)
Increased SUI wage base from $38,800 to $39,600.
Increased maximum employer SUI tax rate from 5.4% to 6.4%
Increased Employment & Training Assessment wage base from $38,800 to $39,600.
Increased the employer Employment & Training Assessment tax rate from 0% to .01%.

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