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SOURCE: Real Business Solutions
Real Business Solutions has updated the 2013 payroll tax software to implement the new employee social security tax rate effective January 1, 2013. Employers and payroll departments can try Payroll Mate 2013 for free by visiting PayrollMate.com.
Chicago, IL (PRWEB) January 01, 2013
For 2013, the employee tax rate for social security increases to 6.2%. The social security wage base limit increases to $113,700. Payroll software developer, Real Business Solutions released an updated withholding calculator with support for new social security tax calculations. The software maker invites tax professionals and payroll departments to try the 2013 version of Payroll Mate software by visiting http://www.PayrollMate.com/.
According to the IRS, employers should implement the 6.2% employee social security tax rate as soon as possible, but not later than February 15, 2013. After implementing the new 6.2% rate, employers should make an adjustment in a subsequent pay period to correct any underwithholding of social security tax as soon as possible, but not later than March 31, 2013.
Below is a summary of the features offered by Payroll Mate:
Give the 2013 payroll tax calculator from PayrollMate.com a test drive and see for yourself how easy managing payroll can be. Visit Payroll Mate payroll software page by pointing your browser to http://www.PayrollMate.com
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