
DISCLAIMER: This information is provided for informational purposes only. Your
system administrator should verify the information with the IRS Publication 15
Circular E, Employer’s Tax Guide for accuracy. In addition, the first payroll of
January 2008 should be carefully looked at for correct calculation of all taxes.
Also, In the Single Table, the tax amount in field 7 will have to be entered as 99,999.99 temporarily till we load out a fix at the end of January. The actual number is 359,650. The system will not take this number.
It should not effect any payrolls for January of 2008.