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Goldenseal Payroll
Software Info
US Federal Withholding
Tables
Free 2013 Payroll
Tax Table Updates
New & Used
Swiss Army Knives
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Texas has no state income tax, and no payroll tax
withholding. However, employers still need to
withhold federal tax, Medicare and social security,
and pay several employer taxes (including
Medicare, social security, SUTA and FUTA).
HINT-- Turtle Creek Software provides free annual updates for
US federal and Texas tax withholding rates.
| Texas
State Withholding Instructions |
To enter withholding information for an employee
in your Goldenseal company file, follow these steps:
- Choose
Employees from the
Accounts menu.
- Locate
the employee record.
- Click
the Payroll Setup
button.
- Enter
the employee's marital
status into the Marital
Status field.
- Enter
the number of federal
dependents into the
Federal Exemptions
field.
- Enter
the Texas
Tax Package
into
the Tax
Package
field. HINT--
If you
don't
see it
in the
list,
you'll need to import the
tax info
first.
- Click
OK.
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| Texas
State Unemployment Tax Instructions |
In 2013 the Texas SUTA tax for unemployment
insurance applies to
the first $9,000 in wages
for each employee (unchanged
since 2006). The starting
rate for a new company
is 2.7% (except for some
industries that have
a higher rate). Rates
for experienced companies
range from .29% to 7.7%
depending on their
ratio of contributions
to claims.
To enter your Texas state SUTA tax rate
into the Goldenseal payroll
software, follow these steps:
- Choose
Payroll Setup from
the Costs menu, and
choose Tax Items
from the submenu.
- You'll
see a list of Tax
Items. Locate the
Texas SUTA tax in
the list, and double-click
on it. HINT:
If you don't see
Texas SUTA in the
list, you'll first
need to import your
state's payroll tax
tables.
- Enter
the percentage rate
for your business
into the percent
field to the right
of Calculation method.
- If
the cutoff has changed,
enter it into the
dollar field next
to First Adjustment.
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| Texas
Marital Status |
Use the following to determine
the value for the Marital Status popup menu in
each Employee account:
- Single-
single employee
- Married-
married employee
- Dual Income-
not used
- Head of House-
employee claims Head of Family status
- Other-
not used
An additional deduction
of Annual Federal tax withheld is already
factored into the Alabama state withholding
calculation.
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| LIttle
Known Texas Tax Fact |
There is a Texas Tack Tax
of two tenths of a cent
per tack. This tax was
enacted so Texas legislators
could polish their
elocution, while debating
its renewal each year.
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| Texas
Tax Contacts |
SUTA-- 512 463-2222
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| Official
State Lawn Ornament |
Mesquite.
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