Payroll

2024 FICA & FUTA LIMIT & PERCENTAGE RATES

2023 FICA & FUTA LIMIT & PERCENTAGE RATES

2022 FICA & FUTA LIMIT & PERCENTAGE RATES

Annual Payroll Forms & Procedures Checklist

Before Beginning Payroll

City/County Income Taxes- Using Tax Table Maintenance (Task 23)

 

Codes For Deductions and Additions Master File

Correct Misdated Payroll

 

Departments

 

Direct Deposit

 

Division Selection on Reports

 

Employee Recurring Deduction

 

Erasing an Entire Payroll Run

 

Extra .9% Medicare Tax for Pay over $200,000.00

 

Federal -File Quarterly and Annual Returns

 

Federal Tax Rates for 2024

Federal Tax Rates for 2023

Federal Tax Rates for 2022

FICA Payroll Tax Cut Extended to the end of 2012

Forms for W2's

 

Frequency Codes

 

FUTA – Federal Unemployment Tax Act

 

How Payroll Taxes are Calculated

 

Integration of 3rd Party Time-Clock System and Profits Plus Payroll

 

Interface is Out of Balance

 

Month/Quarter/Year-End Payroll

 

Net Zero Check

 

Payment of Federal/State FICA/Withholding Taxes

 

Payroll Control Parameters

 

Post Payroll Checks to AP Checking Account

Quarterly Payroll Forms & Payments Checklist

 

Sarbanes-Oxley Compliance

 

Set Pay Ending Date/Deduction Frequency

 

State Unemployment Maximum & Percentage

 

Task 01 - Attendance Entry & Editing

 

Task 02 - Calculate the Payroll

 

Task 03 - Process the Payroll

 

Task 04 - Manual Payroll Entry and Editing

 

Task 17 - Employees Master

 

Task 18-Employee Check History

 

Task 20-Employee Recurring Deductions

 

Task 22 - Deductions Additions Master File

 

Tax Table Maintenance - Task 23

 

Transition to Computer Checking Account

 

Void a Payroll Check

 

Wrong Date on Payroll Checks