Posts Tagged ‘FUTA changes’

Tax Changes are no Longer a Huge Inconvenience with Microsoft Dynamics GP

Monday, August 8th, 2011

Increasing and decreasing rates in taxes are inevitable. Sometimes a good thing and sometimes a bad thing, but either way, Microsoft Dynamics® GP adapts easily to these changes. Your financial reporting and management will not suffer with GP in place.

For example, recently the Future Unemployment Tax Act (FUTA) rate decreased from 6.2% to 6.0%. Sure this is an inconvenience to employers, but the change is relatively easy to update in Microsoft Dynamics GP and with these last minute tax changes, we need a scalable solution that can adapt well. The worst thing you can do as an employer is ignore these tax changes and risk the change of being incompliant.

Microsoft Dynamics GP helps reduce the costs of keeping up to date with government regulations and eliminates the chance of being incompliant. If you have questions on how to update your current GP solution with these tax changes, please contact us for more information.

By Alexandra Gonzalez with PANGEA Business Solutions, Florida Microsoft Dynamics Partner