Updating 2017 Federal & State Tax Tables

[NeilZ]

The IRS has released Publication 15 for 2017, with the new Federal Tax Tables.

https://www.irs.gov/pub/irs-pdf/p15.pdf

The Federal Income Tax Withholding tables have been adjusted for inflation. The rates for Social Security & Medicare have not changed, but the Wage Cap amount has changed.

Remember you must update your Federal Tax Tables yearly, along with any state or local tax table changes.
NOTE: PCPlus uses the ANNUAL Percentage Rate Tables, both Single and Married tables, to calculate tax withholding. This also holds true for any state income tax that uses such tables.

Here's a video on how to maintain tax tables:

https://www.powerchurch.com/support/375 ... in-payroll


There are also tutorials:
For PCPlus v11/11.5: https://www.powerchurch.com/support/140 ... tax-tables

For PCPlus v10 and earlier: https://www.powerchurch.com/support/14/ ... bles-v6-10

For information on updating your state tax tables, head to the Knowledge Base Page: https://www.powerchurch.com/support/kb.php
and enter a search in the Search Knowledge Base box. For example: need to know about New Jersey, enter New Jersey Tax Table.

NOTE: do not update the tables until you've processed your last 2016 payroll.