The federal unemployment tax rate is scheduled to be decreased from 0.8% to 0.6% starting today July 1, 2011. Sage has a tax table update that can change the tax rate in MAS 90 200 – or you can update it manually. Please do not hesitate to call us if you need any help 1-877-772-2980.
From the Sage 2011 Q3 Tax Table Update document: On 6/30/11 the FUTA 0.2% surtax is scheduled to expire. In Tax Table Maintenance the FUTA rate has been changed to 0.6% to reflect this decrease. If on 6/30/11 the 0.2% rate is extended and does not expire, in Tax Table Maintenance you can change the rate by entering FED at the State field and change the rate in the Unemployment Rate field to 0.8%.
DeRosa Mangold specializes in Sage MAS 90 and 200, Sage BusinessWorks, Peachtree by Sage, and SageCRM training and implementation. We have training centers located throughout Texas in Dallas, Waco, Austin and San Antonio. Our professionally trained staff can help you with upgrades and additions to Sage MAS 90 and 200 and the other Sage products in our solution portfolio.