MS Dynamics GP is moving forward with the Round 1 release even though they are still waiting on the final Circular E and the release of federal tax tables.
Changes in Round 1:
- FICA Employee Social Security limit $113,700
- FICA Employee Social Security Rate 6.2 (remember and note: you can change this rate in the tax tables very easily)
- 2013 New Employee Medicare Taxes on High Earners (after $200,000) extra .9 (2.35)
States included are:
- New York
- North Dakota
Additional state changes to come in the Round 2 release in January.