• LOCAL TAX CALCULATION

    Hello In my place I have some local taxes for professional services, i need to create like a "rule" that calculates the 10% tax for professional service or the 6% is a waiver certificate is provided, from the total amount of the invoice. This calculation…
  • 2024 Federal Tax Bracket Update

    I have updated Sage 50 Payroll to 20240101. The federal tax brackets were to change for 2024, but when I go process payroll for the new year the federal amounts for all employees have stayed the same as 2023. Spoke to support yesterday and all they said…
  • 941 incorrect amounts calculating

    Anyone else dealing with this? It has long been known that when you void or reissue a paycheck, the 941 report has incorrect amounts resulting from negative symbols being deleted in the background and the amounts then added together for the day. This…
  • Error in Processing options for line 16 in Form 941 (Q2-2020)

    BUG IN PROCESSING 941 RETURN I am processing the 941 return 2 nd quarter 2020. Given that the amount of Line 12 for 2 nd quarter is $2795.00 and the amount of Line 12 for the 1 st quarter is $1966.00, I should be allowed to check the first box Line…
  • ILSIT - Illinois State Income Tax (Illinois Income Tax Withholding)

    Just starting the first payroll of the 2019 year and I was verifying the calculations from Sage 50 verses online calculators such as paycheckcity.com. Three out of the four (4) paychecks matched perfectly with the online double check. The disconnect is…
  • Tax Liability Report Wrongly Calculated January 2017 Gross Income for 941

    I ran my Tax Liability Report on 2/1/2017. I paid my 941 taxes for January based off this report. I just ran my 941 quarterly Tax Return and discovered January's report was incorrect causing me to over pay my 941's. Why would this happen?
  • inventory multi-pack setup

    Trying to understand units of measure and multi-packs and after reading posts here I think I may be even more confused. Sorry if I should have been able to get the answer from previous posts, but any help is appreciated! We buy and stock an item in…