New York Income Tax Rate Changed. Updated EzPaycheck Payroll Software Is Shipping

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Simple and affordable ezPaycheck payroll software for small business

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.

New York, NY (PRWEB) January 16, 2013

Small business payroll software provider Halfpricesoft.com updates ezPaycheck payroll software throughout the year to provide more value to their customers. The latest edition of 2013 ezPaycheck payroll software includes the new updates on Year 2013 Social Security tax increase, federal income tax rate changes and the New York state tax tables changes.

“Tax issues are the single most significant set of regulatory burdens for most 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."

For 2013, the employee tax rate for social security increases to 6.2%. The social security wage base limit increases to $113,700. According to IRS, Employers should implement
the 2013 revised withholding tables and new Social Security tax rate as soon as
possible, but no later than February 15, 2013.

Beginning with tax year 2013, the New York State personal income tax rates have changed for most taxpayers. Accordingly, effective for payrolls made on or after January 1, 2013, employers must use the revised withholding tax tables and methods included to compute the amount of New York State taxes to be withheld from employees. The withholding allowances for employee is increased in year 2013. The New York income tax rates range from 4% to 9.62% and are levied on New York residents’ income and non-residents’ income from New York sources.

Founded in 2003, Halfpricesoft.com has established itself as a leader in meeting the software needs of small businesses in US. The software’s graphic interface leads users step-by-step through setting up employee information, set up tax options, calculating payroll - including calculation of federal, state and local taxes; deductions for Medicare, insurance and 401(k) plans; and printing paychecks & tax forms.

Priced at $89 for new users ($59 for 2012 users), ezPaycheck is easy-to-use, flexible and affordable for any business. New users can test-drive this payroll system at http://www.halfpricesoft.com/payroll_software_download.asp with no credit carded needed and no obligation.

EzPaycheck payroll and check printing software highlights:

• Prints payroll checks on blank computer checks or preprinted checks.
• Automatically calculates Federal Withholding Tax, Social Security, Medicare Tax and Employer Unemployment Taxes.

-Includes built-in tax tables for all 50 states and the District of Columbia.

• Creates and maintains payrolls for multiple companies, and does it simultaneously.
• Supports Daily, Weekly, Biweekly, Semi-monthly and Monthly payroll periods. Features Report Functions, Print Functions, and Pay Stub Functions.
• Print Tax Forms 940, 941, W-2 and W-3.

-Support multiple accounts with no extra charge.

Small business owners who are seeking productivity-booting solution are welcome to start the 30-day free test drive of ezPaycheck payroll software at: http://www.halfpricesoft.com/index.asp

About Halfpricesoft.com
Halfpricesoft.com is a leading provider of small business software, including payroll software, employee attendance tracking software, check printing software, W2, software, 1099 software, and ezACH Deposit software. Today Software from halfpricesoft.com is trusted by thousands of users and help small business owners simplify their payroll processing and business management.

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