August 2010 -
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New Tax Tables for
Payroll
The Internal Revenue Service released new Federal Income
Tax Withholdings tables and Earned Income Credit (EIC)
tables. The new tables incorporate the new Making Work
Pay credit, one of the key tax provisions included in
the American Recovery and Reinvestment Act of 2009. The
IRS asks that employers start using these new tables as
soon as possible, but not later than April 1.
OSAS Payroll
7.03 and 7.5
Earned Income Credit Tax Tables
Federal Withholding Tax Tables
TRAVERSE 10.2
and 10.5
TRAVERSE Payroll 10.2x and 10.5x
TRAVERSE Payroll 10.2x and 10.5x
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Download your Year-End
Check lists for both TRAVERSE and OSAS.
TRAVERSE
Year-End Check List
OSAS Year-End
Check List
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2008 Economic
Stimulus Business
Benefits
The 2008 Economic Stimulus
Package encourages technology investments by
allowing additional first-year depreciation of
50% of the purchase cost. Qualifying purchases
include computer software, such as TRAVERSE and
OSAS. In addition, small business owners may
also be able to take an immediate deduction for
the entire cost of these purchases. These tax
incentives may make new software more affordable
for you. However, because these provisions apply
only to software purchased and placed in service
in 2008, the time to act is now if you’ve been
considering upgrading.

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