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Visual ContrAcct Version 10.53.09 Update AVAILABLE NOW!

New features in this update: 2024 Payroll Quarterly Federal 941 Report, (Rev. March 2024) 2024 Payroll Quarterly Federal Schedule B, (Rev. March 2024) 2024 Payroll Quarterly Illinois 941 Report, (Rev. Dec 2023) 2024 Payroll Quarterly Illinois 941 Schedule P, (Rev. Dec 2023) PLEASE NOTE: Support is working remotely. For fastest response, please email [email protected].

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REVISED 2023 Instructions for IL E-Filing, IL Tax Changes, and 401k Catch Up Limit

Updated January 3, 2024 Step 8 of Year End Instructions 8)   ILLINOIS DEPARTMENT OF REVENUE REQUIRES ELECTRONIC FILING Please contact [email protected] for help with this. E Services W-2 Transmitter website is no longer available. MyTaxIllinois accepts W-2 files in CSV format, which can be created using a Crystal Report through Visual ContrAcct. Click the icon
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2018 Federal and Illinois State Tax Information for Visual ContrAcct

2024 Released Federal & Illinois State Tax Changes for Visual ContrAcct

2024 Federal Tax Table – Admin > Payroll Tax Tables > Federal   Single Tab Head of Household Tab Married Tab Federal Unemployment tax is generally .6% on the first $7,000. However, employers in credit reduction states are subject to a higher rate. Check with your accountant to determine your rate. 401K limits pertain to
-> Continue reading 2024 Released Federal & Illinois State Tax Changes for Visual ContrAcct

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ALERT: W2’s Filing Instructions

NEW FOR 2023: All employers must file W2’s electronically with the Federal Government if you have over 10 employees. You must register to use Business Services Online (BSO) through the IRS website to file W-2’s online and verify your employees’ names and Social Security numbers. We recommend that you do this as soon as possible.
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REVISED 2023 IRS Illinois Exemption for Visual ContrAcct

Customers please update your Visual ContrAcct 2023 Illinois Exemption On July 6, 2023 we received notice from the Illinois Department of Revenue that effective June 7, 2023, Public Act 103-0009 maintained the 2022 Individual Income Tax personal exemption allowance at $2,425 for 2023. At the beginning of 2023, Illinois said it would be $2,625, but
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2018 Federal and Illinois State Tax Information for Visual ContrAcct

2023 Released Federal & Illinois State Tax Changes for Visual ContrAcct

2023 Federal Tax Table – Admin > Payroll Tax Tables > Federal   Single Tab Head of Household Tab Married Tab Federal Unemployment tax is generally .6% on the first $7,000. However, employers in credit reduction states are subject to a higher rate. Check with your accountant to determine your rate. 401K limits pertain to
-> Continue reading 2023 Released Federal & Illinois State Tax Changes for Visual ContrAcct

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