Latest News........................................................................................................

Here you'll find valuable news articles on the Open Systems TRAVERSE and OSAS Accounting Software Solution.  

August 2010 - Read Now

 

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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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