There's an early and late tax table update for Sage BusinessWorks. Don't miss out.  Make sure you're signed up to receive Community Hub notification of product releases.

Early Tax Table Update

We release this update in early January. It includes Federal and State tax table change from agencies that reported updates before the release date.

Late Tax Table Update

We release this update in late February. It covers Federal and State tax table changes from agencies that reported updates after the early release.

Install tax table updates for the new year AFTER processing your payroll year-end W-2s and tax reports in Sage BusinessWorks.

The tax table updates are available from the Sage BusinessWorks Download Portal.  For information, see Download Sage BusinessWorks tax updates.

• Install the update after year-end processing to avoid manual changes to OASDI and State limits. If installed early, adjust limits manually before processing W-2s and tax forms
• Once you've completed year-end processing, adjust the OASDI and State limits for the current year
• Need more information?  See Installed the Payroll Tax Table update early

Sage BusinessWorks Service Packs include updates to wage base limits and tax rates only. To ensure you’re receiving notification of tax table updates, register for Community Hub notifications.

Update State Unemployment (SUI), OASDI, or State Disability Insurance (SD) limits

• To change the limit before the tax table release, review change the SUI, OASDI, or SDI rates

Manually update the tax table allowances, limits, and rates

• Make any edits to Federal or State allowances, limits, and rates using the PR, Taxes, Maintain Tax Tables
• Need more information?  See manually update the payroll tax table allowances, limits, and rates

• If you ran payroll without updating tax tables, the system won’t fix the tax difference automatically
• Even if tax tables stayed the same, any withholding changes still affect employees’ year-end tax liability
• Need more information? See Manually adjust the Federal and State income tax withholding

No. Tax table updates only update the Payroll tax tables in Sage BusinessWorks. Use the AR, Utilities, Sales Tax, Maintain to update any sales tax rate.