Learning about QuickBooks is not a tough task when you are on the right page. QuickBooks is a powerful business accounting software that enables you to work with smart features like Payroll Tax Table. A Payroll tax table helps to figure out the suitable tax, withheld from the employee’s paycheck. This provides you the facility for tax calculation and many more. QuickBooks is undoubtedly the best accounting software through which you can handle your business work effortlessly.
This article is about how to update QuickBooks Payroll Tax Table. We recommend you to read the whole article to know the complete process of payroll tax table update. In case of any confusion, feel free to call us at our toll-free number (855)-948-3646 to take an expert’s advice. You can even reach us on our website to grasp more information about QuickBooks.
Simple steps to download QuickBooks Tax Table Update (In a nutshell)
If you want to know the procedure follow the steps given below carefully.
- Open your QuickBooks and go to the Employees Menu.
- Now you must click on Payroll Update and select Download Entire Payroll Update.
- You must choose the latest update option.
- Now a notification will appear to confirm that the update is downloaded successfully.
- Finally, click the Ok button read the new features added to the update.
Golden Points
- You must download the tax table every time you pay your employee or every 45 days.
- Turn on automatic update feature in QuickBooks to update your tax table automatically.
- Sometimes the user has to go through update error, so always keep a check on your internet connection.
Importance
- The updated tax table has a new way to track tax.
- It helps to keep your employee information in an organized way.
- The updated tax table provides you a current and accurate rate for state and federal taxes.
- You will not receive any calculation error when your payroll tax tables are updated.