NV1 Payroll for 2013

CANADA

A payroll update for January 1, 2013 is required.

Payroll updates (version 98) will be available via download by Wednesday, December 19, 2012.

Users who have a NewViews Payroll Update Plan that expires on a date later than January 1, 2013 will receive the update automatically.

UNITED STATES

Important Information for 2013 US Payroll Users

Issues caused by the Early Release Copies of the 2013 Percentage Method Tables for Income Tax Withholdings. If you have processed payroll checks dated 2013 with tax tables and rates from 2012 please read the following.

We have just received clarification from the IRS regarding underwitholding of social security tax.

If you have not yet processed US payroll in January, you must install NewViews 1 payroll version 99 (v 25.2 for NV2 users) prior to processing your first payroll for 2013.

Verify your Social Security employee / employer rates on your first payroll in 2013.

If you have already processed payroll in January using the 2012 employee tax rate for social security, you will have to adjust the withholdings for each employee on your next payroll run to correct any underwithholdings. One way to do this is as follows:

1. Print your last payroll check run on plain paper so you can easily see the deductions for each employee.
2. Install NewViews payroll version 99 (v 25.2 for NV2 users)
3. Create a temporary payroll check run for the current pay period using the exact same hours input for the previous check run. THIS WILL ALLOW YOU TO EASILY SEE WHAT THE DEDUCTIONS SHOULD HAVE BEEN FOR EACH EMPLOYEE AT THE NEW RATE.
4. For each employee, note the difference between what should have been deducted for social security tax and what was actually deducted. This figure will be used to correct any underwithholdings.
5. Delete the temporary payroll check run you just created.
6. Run payroll for the current period with the current hours. For each employee, edit (increase) the social security tax withholdings to offset any underwithholdings from the previous payroll run.
7. Print employee checks as usual.

A payroll update for January 1, 2013 is required.

As of January 15, 2013 Publication 15 (Circular E), Employer's Tax Guide is not available. This 2013 USA payroll is based on Notice 1036 (Rev. January 2013). FICA, Social Security rate for the employee is set at 6.2%

Payroll updates (version 99) will be available via download by January 16, 2013.

Users who have a NewViews Payroll Update Plan that expires on a date later than January 1, 2013 will receive the update automatically.

NV1 - Versions

• Tax tables for Jan 2013 -- version(s) 99 - US (Updated)
• Tax tables for Jan 2013 -- version(s) 98 - Canada
• Tax tables for Jul 2012 -- version(s) 97
• Tax tables for Jan 2012 -- version(s) 94, 95, 96
• Tax tables for Jul 2011 -- version(s) 92
• Tax tables for Jan 2011 - version(s) 88, 89, 90, 91
• Tax tables for Jul 2010 -- version(s) 87
• Tax tables for Jan 2010 - version(s) 84, 85, 86

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