BigRedConsulting
Community Champion

Employees and payroll

That's true because it's still 2024.

 

The payroll tax tables contain rates for multiple periods/years.  The rate that appears depends on your computer's system date.

 

This is so you can, for example, create either a late 2024 payroll or an early 2025 payroll today (12/30) and the correct rate will be used in both cases, depending on the payroll/paycheck date.

 

If you want to see the new rates for 2025, change your system date to 2025 and then reopen the payroll item list. (Or, you may need to close and reopen the company file. I can't remember.)

View solution in original post