Costpoint Help

Federal Taxes

There are several applications related to Federal Taxes such as Manage Federal Taxes and Manage Advance Earned Income Credit Tables.


Manage Federal Taxes

Use this screen to set up Federal Tax information that is related to the Calendar Year (Payroll Year).

Manage Federal Tax Tables

Use this screen to establish and maintain the Federal Income Tax Withholding Tax Rates that are used to withhold Federal Income Taxes from the employees' paychecks.

Manage Advance Earned Income Credit Tables

This table is used in the calculation of the Advance Earned Income Credit (EIC) to which a given employee is entitled.


Parent Topic:

Payroll