All Sage 50 customers should have received a recent notification, through the “Services /Check for Updates” menu in Sage 50, that a new Payroll update (released in October 2017) is available. What makes this update especially noteworthy is that, beyond a change to Maine Income Tax Tables, the payroll tax forms for 2017 are included in this update.
To activate the new/updated Payroll tax forms, go to Reports & Forms à Forms à Tax Forms à Payroll Tax Forms. Select a Federal or State form and you will be prompted to automatically update your forms.
This process will updates ALL forms, so we strongly recommend making a backup of your database before updating any forms.
The new tax forms provided by Sage in this update have been approved by the taxing authorities. Please be advised that, at this time, not all states have finalized their tax forms. In those instances, any form that can be printed and mailed will print out with the words “Record Copy – Do Not File” across that form. That watermark will be removed as forms are released in final version and automatically updated in your program.
You can learn more about the Sage 50 Payroll tax forms by clicking here to visit the Sage knowledgebase.
Customers can check to confirm they have the latest update by going to Help à About Sage 50 Accounting and seeing that the tax update version is 20171001.
As we count down the remaining days in 2017, it’s important to plan for your year’s end. January 1 is already too late! Be sure to call us if we can help. You can reach us by phone at 877-357-0555, or by email at firstname.lastname@example.org.
Dana Riel is President and Founder of Business Solutions, Inc., serving the Washington, D.C. metropolitan area since 1985. Her firm is the authorized training center for the region for Time Matters and PCLaw by PCLaw|Time Matters, PLLC; Timeslips and Peachtree Accounting by Sage Software; and QuickBooks by Intuit Corporation. As a trainer, Dana has provided training services to organizations such as the DOD Defense Logistics Agency, Judge Advocate General’s Office (JAG)/Department of the Navy, University of the District of Columbia School of Law, U.S. Department of Commerce and the U.S. Department of Veterans Affairs, as well as with small‐ to mid‐size law firms in the Baltimore‐Washington D.C. area. In 2009, she participated in the series of day‐long seminars sponsored by the District of Columbia Bar Association Practice Management Section, titled “Basic Training: Learn About Running a Law Office”. Ms. Riel also served as an Adjunct Professor in Georgetown University’s Paralegal Studies Program, having taught the course, “Legal Ethics/Legal Technology” in 2009; and “Legal Technology” for the Spring and Summer Semesters of 2010. She presently serves on the Advisory Board for PCLaw|Time Matters, PLLC.