EzPaycheck 2013 is the simple, but flexible payroll software for small businesses and accountants. The new version was updated with the latest federal and state tax tables and forms to speed up 2013 payroll jobs.
LOUISVILLE, KY, February 07, 2013 /24-7PressRelease/ -- Payroll tax calculation and paycheck printing should not be a nightmare for Kentucky small businesses. The Louisville, Ky.-based software developer halfpricesoft.com released the new 2013 edition of ezPaycheck small business payroll software which is with the updates of the latest Social Security increase, federal income tax changes and state income tax changes. Halfpricesoft.com reminds Kentucky users to update payroll tax rate as soon as possible.
For Year 2013, the employee tax rate for social security increases to 6.2%. The social security wage base limit increases to $113,700. IRS asks employers to start using the new social security rate as soon as possible in Year 2013 but not later than Feb 15, 2013
Kentucky withholding tax rate keeps unchanged for the Year 2013. However, the Standard Deduction rate increased from $2,290 in Year 2012 to $2,360 in Year 2013. Kentucky income tax rates range from 2% to 6% and are levied on Kentucky residents' income and non-residents' income from Kentucky sources.
"Keeping current with the tax rate changes is not an easy job for many small firms, "said Dr. Ge, founder of Halfpricesoft.com. "We hope ezPaycheck payroll software can help business owners spend less time understanding what tax rate they should pay and more time ensuring their business succeeds."
EzPaycheck developer team believes small businesses need simple, flexible and affordable software to automate payroll tasks. EzPaycheck 2013 can calculate federal taxes, state taxes, local taxes, SS tax and Medicare tax. It can print paychecks on blank white paper. It also speeds up W2, W3, 940 and 941 tax reporting.
