Have you checked your 2013 payroll tax calculations yet?

Q - Have you checked your 2013 payroll tax calculations yet?

A - As is often the case at the beginning of a calendar year, payroll tax rate or limit changes may be taking effect. Check up on the taxes being withheld during Payroll Processing to prevent any surprises later in the year and possibly tackle any issues now, before building up large amounts of payroll history.

Make sure to take a close look at those taxes for which there have been recent changes, such a employee paid Medicare (tax type P), as well as State Unemployment Insurance (SUI), for which you may need to set up your 2013 Unemployment Insurance Rates tables P069221.