Sage 100

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  • 1.  SAGE 100 Payroll 2.x - Understanding FEDERAL Group Details in Tax Profiles

    Posted 11-20-2020 14:51
    Edited by Michael McDonald 11-20-2020 15:43
    I need help in understanding when to "check a box" and when to leave it blank. I'm looking at the Group Details section when setting up a Tax Profile for each state that the user is required to collect withholding taxes. There are many lines under the FEDERAL section.  Where do I go to understand what each line means and if the check box should be checked. Same question under the STATE section. See my attached image.

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    Michael McDonald - Consultant
    Michael T McDonald CPA
    616-813-8887 - mike@mcdcpa.com
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  • 2.  RE: SAGE 100 Payroll 2.x - Understanding FEDERAL Group Details in Tax Profiles

    Posted 11-20-2020 15:58
    Michael, The bottom section is related to the CARES Act.  You can see how the referenced codes are used in this KB article.  The top section is related to taxable Group Term Life coverage.

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    Michelle Taylor
    ERP Consulting Manager, CS3 Technology
    918-388-9772
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  • 3.  RE: SAGE 100 Payroll 2.x - Understanding FEDERAL Group Details in Tax Profiles

    Posted 11-20-2020 16:52
    @Michelle Taylor So are you saying that unless the company has a Group Term Life (GTL) insurance payroll benefit and / or participates in the CARES Act provisions, then it is ok to leave these boxes unchecked?,   ​

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    Michael McDonald - Consultant
    Michael T McDonald CPA
    616-813-8887 - mike@mcdcpa.com
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    Original Message


  • 4.  RE: SAGE 100 Payroll 2.x - Understanding FEDERAL Group Details in Tax Profiles

    Posted 11-20-2020 16:54
    Yes, that's correct.

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    Michelle Taylor
    ERP Consulting Manager, CS3 Technology
    918-388-9772
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    Original Message


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