Payroll Tax Update - Round 3

Microsoft has released the 2012 U.S. Payroll Tax Update - Round 3 tax update for Microsoft Dynamics GP 2010 and v10.0.

Changes in this update include:

• Illinois
  
• Missouri
  
• Puerto Rico

This is a tax table update only. NO FICA changes needed as the 4.2% tax rate was extended.

Download Links:

• v 10.0 Update
  
• v GP2010 Update
  
• Instructions

Once installed, the Last Tax Update date will be 2/24/2012 under Tools Setup Setup Payroll Tax.

The 941 form was released this week. Microsoft is reviewing it for changes, if any, that may need to be made: http://www.irs.gov/pub/irs-pdf/f941.pdf.

If you have any questions, please contact support@collinscomputing.com or call (888) 391-6690.