Microsoft has released the December 2015 Payroll Tax Updates for Microsoft Dynamics SL. The updates are effective 1/1/2016 and contain tax table changes announced after the September 2015 Payroll Tax Update.
The Payroll Tax Updates may be downloaded from Microsoft Customer Source.
Revisions Covered in Update:
- Federal – Effective January 1, 2016
- California – Effective January 1, 2016
- Illinois – Effective January 1, 2016
- Kentucky – Effective January 1, 2016
- Maine – Effective January 1, 2016
- Maryland – Effective January 1, 2016
- Massachusetts – Effective January 1, 2016
- Minnesota – Effective January 1, 2016
- New Mexico – Effective January 1, 2016
- New York – Effective January 1, 2016
- Oklahoma – Effective January 1, 2016
Important Notices
- The tax updates file, starting with the January 2013 tax updates, includes the Deduction Types
(02.710.00) and the Payroll Tables (02.720.00) reports, generated from the Microsoft Dynamics
SL demo database after the tax updates have been imported. Compare the 02710.pdf and
02720.pdf report files to your Deduction Types (02.710.00) and Payroll Tables (02.720.00)
reports to ensure your deductions and payroll tax tables are setup properly. - It is not always possible to precisely duplicate a state tax formula. Therefore, calculated tax
results should be regarded as estimates only. We strongly recommend that you review all
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