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No, payroll code must track fed, state, and local tax rules in order to calculate employees' paychecks and payroll taxes due.
by whazzmaster 14y ago
No, payroll code must track fed, state, and local tax rules in order to calculate employees' paychecks and payroll taxes due.
- woobar 14y agoBut that's a separate product - QuickBooks Payroll. Also, instruction for payroll deductions are pretty simple[1]. Usually everything you need is on one page. Plus a very short list of exemptions (401(k), HSA, FSA, cafeteria). Nowhere near 11,000 pages of tax code. [1] http://www.suburbancomputer.com/tips_state_tax.php http://www.suburbancomputer.com/tips_state_tax.php
- whazzmaster 14y agoQuickBooks Payroll is an add-on whose code lives side-by-side (and is deployed with) the QuickBooks Desktop code. I am the developer that maintains the integration of the TurboTax tax processing code and engines technology with QuickBooks' accounting and payroll functionality. "Payroll deductions are pretty simple" is not as true when you require nationwide support. The Yonkers residency tax, the Indiana counties payroll tax, etc. are not as simple as getting the employees' states and running calcs. Add in non-tax deductions (401(k), wage garnishments, worker's comp) and you've now found yourself in an interesting world.