Below are the tables you will need to change in the RCC Payroll package if you are using it to do your payroll.  You will also need to check your STATE circular to see if your State limits have changed and make the appropriate changes to those payroll tables.  Because the tables now carry a ‘year’ in the ‘comp id’ field, these tables can be added right away.   The system will start using the 2011 tables for payroll checks generated in 2011. For federal changes, please make your tables look like the following.  Unless you are on an old version of RCC, you will find the payroll tables in ‘Utilities > Setup Options’, on the ‘Tables’ tab.  Once on the ‘Tables’ tab, be sure to select ‘Application’ of ‘Payroll’ and then add the new tables by typing in the year and then typing in the table name.   Any questions please call our support staff and they will be pleased to lead you through it. 

Thank You.

Susan Peterson

Support Manager

For the UCLIM table, ‘1’ in the comp id field is the company number you are using.  Remember to reset this table for EACH company #.  The State Unemployment Compensation limit may be different for your state.  The State % is different for each company, insert the value that has been assigned to your company.  The Fed % rate is different for each company, insert the appropriate value.

IMPORTANT:  It is normally at this point in this memo that we provide the EIC (Advanced Earned Income Credit) tables, however here is the information that is currently available for EIC in the Notice 1036 for the changes in 2011, on the irs.gov web site:

“Advance payment of earned Income credit (EIC).  The option of receiving advance payroll payments of EIC expires on December 31, 2010.  Individuals who received advance payments of EIC in 2010 must file a 2010 federal income tax return.  Individuals eligible for EIC in 2011 can still claim the credit when they file their 2011 federal income tax return.  In addition, if any of your employees expect to be eligible for the EIC and will have income tax withheld from wages in 2011, they may reduce their withholding in order to receive the4 benefit of a portion of the credit throughout the year.”

This information has been gathered from the following website:

http://www.irs.gov/pub/newsroom/notice_1036.pdf?portlet=7

When the official Publication 15 (Circular E) is available it will be reviewed and if any of the above info is changed another notice would be sent out to the list server group. ,