Keeping up with the latest payroll tax updates can be a challenge. It's especially true if you use Sage 50 Payroll, as every year there are changes to the system that you need to be aware of in order to ensure your business remains compliant. Fortunately, Sage has released a new update for 2018 that provides an easy way to stay on top of the latest tax laws. In this blog post, we'll discuss what's included in the update and how it can help you simplify payroll processes and minimize risk.
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What's new in the Sage 50 Payroll Tax Update 2018?
The Sage 50 Payroll Tax Update 2018 includes a number of new features and improvements designed to make it easier for businesses to comply with their payroll taxes. Here's a look at what's new in this release:
- Improved tax table management: The updated tax tables make it easier to manage your payroll taxes, ensuring that you're always up-to-date and compliant.
- Enhanced online filing and payment options: You can now file and pay your payroll taxes online directly through the Sage 50 Payroll application. This makes it easier and faster to get your taxes done, while also reducing the risk of errors.
- Simplified year-end processing: The end-of-year tax filing process has been streamlined and simplified, making it easy to ensure that you're compliant with all the latest rules and regulations.
How to install the updateIf you have Automatic Updates turned on, the update will be installed automatically for you within 24 hours of its release. If you don't have Automatic Updates turned on, or if you want to install the update immediately, follow these steps:
1. Close all open programs on your computer.
2. Click the Start button, then click Control Panel.
3. In the Control Panel window, click System and Security.
4. In the System and Security window, click Windows Update.
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5. In the Windows Update window, click Check for updates.
6. If any updates are found, click Install updates.
7. Once the updates are installed, restart your computer if prompted to do so by Windows Update.
How to use the new featuresIf you're a current Sage Payroll subscriber, you can find the new features by logging into your account and selecting the "Update" tab. From there, you'll be able to see a list of all the new features and how to use them.
If you're not a current subscriber, you can still take advantage of the new features by signing up for a free trial. Simply create an account and log in to get started.
ConclusionWith the 2018 Sage 50 payroll tax update, you can ensure that your business is up-to-date with federal, state and local taxation laws. The new update makes it easier to stay compliant and take advantage of recent legislation changes so that you can keep your business running smoothly. By staying in compliance with all applicable laws and regulations, you can protect yourself from any potential penalties or fines associated with noncompliance. Investing in a payroll solution like Sage 50 ensures that your organization stays on top of its taxes for years to come.
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