18.x - Payroll Taxtable Update Version 2020.08

Issue No: PR-2163
Created 10/5/2020 9:57:20 PM
Type Feature
Priority Critical
Status Closed
Resolution Fixed
Fixed Version 18.3, 18.1
Description 2020.08 Updates • New Jersey - new table changes $1,000,000 to $5,000,000. New table is good for entire year (but just issued) so the actual table to use has extra withheld for $1,000,000 to $5,000,000 to adjust for first part of year not being a new higher rate. Payroll provider can start using new table ASAP. We have used new table for all calculations on/after October 5, 2020 • Rhode Island SUTA high rate wage base corrected from 24500 to 25500 • Ballard county Kentucky changed to flat 1% from graduated tax