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Minimum Annual Cutoff for Payroll Tax |
Feature Payroll tax items can now have a minimum annual cutoff, if they only apply to earnings above a certain minimum. This option was necessary to handle the new Medicare tax surcharge on amounts over Suggested By Most weird payroll innovation seems to come from Connecticut or Canada, but this one came from IRS. How to Use The Medicare surcharge is included in all tax packages for 2014 and later. Most of our users will probably never need it, but it's there if you do. Technical Details Programmer note: code added in CEmployeeAccount::FetchDeduction |