The update includes 2017 IRS 1094/1095C Electronic XML File Feature. It is your responsibility to determine if you must file form 1095C/1094C to your employees and the IRS and HOW you are to complete and file the forms (paper or electronic). Visual ContrAcct does NOT handle Employers that offer employer-sponsored self-insured coverage. We recommend you
-> Continue reading Visual ContrAcct Version 10.45.13 Update AVAILABLE NOW

2018 Released Federal Tax Changes for Visual ContrAcct Admin > Payroll > Tax Tables > Federal Single Tab Married Tab

Illinois now requires ALL EMPLOYERS to file 2017 W-2s electronically. A Visual ContrAcct update is required for Federal & Illinois W-2 Electronic Filing for tax year 2017. Version 10.45.12 Released 01/09/2018.   Related Links https://www2.illinois.gov/rev/programs/electronicservices/Pages/1099w2.aspx https://www2.illinois.gov/rev/programs/electronicservices/Pages/electronicw2.aspx IDOR W-2/1099 Transmitter Registration Required for Electronic Transmission Upload https://www.revenue.state.il.us/app/wtri/ Method of transmitting the Visual ContrAcct W2Report file to
-> Continue reading ALERT: Illinois Requires ALL EMPLOYERS to file 2017 W-2s Electronically

The IRS requires employers to report earnings based on the Check Date NOT Pay Period Date. Your last payroll for 2017 includes checks dated 2017, NOT 2018. If your payroll period ends on Saturday, December 30, 2017 (12/30/2017) or Sunday, December 31, 2017 (12/31/2017), but the checks are dated 2018, this payroll is part of
-> Continue reading REMINDER: IRS Requires Payroll Year End Reporting Based on Check Date NOT Pay Period Date

2018 Federal Income Tax Withholding Table Employers and payroll service providers should continue to use the existing 2017 withholding tables. From the IRS Website: “The IRS is working to develop withholding guidance to implement the tax reform bill signed into law on December 22. We anticipate issuing the initial withholding guidance in January, and employers
-> Continue reading ALERT: 2018 Income Tax Withholding Tables for Visual ContrAcct

The 2017 year end is almost here and there’s no time like the present to review your 2017 year end instructions. Take the time to make sure everything is in order including your payroll records, new filing deadlines, and electronic filing requirements. Visual ContrAcct Updates Available for 2017 Year End 1095-C/1094-C Printed Forms 1095-C/1094-C Electronic
-> Continue reading 2017 Year End Instructions for Visual ContrAcct Customers

You can now order the 2017 tax forms for Visual ContrAcct. Please click below for the 2017 Tax Form Letter and Price List.

Visual ContrAcct Payroll CustomersEffective July 1, 2017, Illinois Income Withholding Tax rate for individuals has increased from 3.75% to 4.95%You must now immediately adjust income withholding tax rates. Visual ContrAcct ProceduresMake the following change to your Illinois State Tax Table so future payrolls will calculate at new rate: Admin > Payroll > Tax Tables >
-> Continue reading Illinois Income Withholding Tax Rate Increase – 3.75% to 4.95%