Illinois 2020 Tax Update

The personal exemption amount for one increases from $2,275 to $2,325. For more information, see:  https://www2.illinois.gov/rev/forms/withholding/Documents/currentyear/il-700-t.pdf.

Maine 2020 Tax Update

Here are the updates for Maine for 2020:

• An additional tax table has been added for the Head of Household filing status for Forms W-4, for 2020 and after.

• A new withholding method has been added for Forms W-4, for 2020 and after.

• The amount of one withholding allowance increased from $4,200 to $4,300.

For more information, see: https://www.maine.gov/revenue/forms/with/2020/20_WH_Tab&Instructions.pdf.

Maryland 2020 Tax Update

There are eight local withholding tax rate changes for tax year 2020:

• Anne Arundel County: 2.81%

• Baltimore County: 3.2%

• Dorchester County: 3.2%

• Kent County: 3.2%

• St. Mary’s County: 3.17%

• Washington County: 3.2%

• Worcester County: 2.25%

• Nonresidents: 2.25%

For more information, see the following:

• https://www.marylandtaxes.gov/business/income/withholding/docs/PM285.pdf

• https://www.marylandtaxes.gov/business/income/withholding/docs/PM320.pdf

• https://www.marylandtaxes.gov/business/income/withholding/docs/PM225.pdf

• https://www.marylandtaxes.gov/business/income/withholding/percentage-method.php

• https://www.marylandtaxes.gov/forms/19_forms/Withholding_Guide.pdf

Massachusetts 2019 W-2 Electronic Filing: Federal and Paid Family Leave Amounts

The following are changes to the CYE 2019 Massachusetts W-2 Electronic Filing: 

• RS record 338-370 should now be blank.

• The amount reported in positions 371-381 is combined Paid Family and Medical Leave Contributions. To accommodate this change, a new drop-down list, Paid Family and Medical Leave Withholding Code, has been added to the Electronic Filing dialog box of the Form W-2 Processing screen. This drop-down list displays when you select MA in Electronic Filing Type, and lists the withholding codes that are set up on the Payroll Withholding Setup screen.

For more information, see: https://www.mass.gov/doc/w-2-electronic-filing-specifications-handbook/download.

Michigan 2020 Tax Update

The personal exemption amount for one increased from $4,400 to $4,750. For more information, see: https://www.michigan.gov/documents/taxes/446_2020_674075_7.pdf.

Missouri 2020 Tax Update

The following are tax updates for Missouri for 2020:

• The standard deduction amounts have increased for the following statuses: 

  • Single: $12,400

  • Married and Spouse Works: $12,400

  • Married and Spouse Does Not Work: $24,800

  • Head of Household: $18,650

• The annual percentage table has been updated.

For more information, see: https://dor.mo.gov/forms/Withholding%20Formula_2020.pdf.

New Mexico 2020 Tax Update

The following are updates for Mexico in 2020:

• The withholding methods no longer use allowances, which were removed from the 2020 Form W-4, Employee's Withholding Certificate, to calculate state withholding.

• The percentage method withholding tables have been updated.

• The state provided a third withholding method for employees who claim head-of-household status. Previously, heads of household and single employees were included in one method.

For more information, see: http://www.tax.newmexico.gov/witholding-tax-historic-rates.aspx.

Oregon 2020 Tax Update

These are the updates for Oregon in 2020:

• The federal tax adjustment amount increases from $6,800 to $6,950 for an employee with annual wages up to $50,000.

• The federal tax adjustment phase-out amounts for an employee with annual wages $50,000 or greater have changed.

• The tax table has changed for an employee with annual wages of up to $50,000.

• The tax table has changed for an employee with annual wages of $50,000 or greater.

• The allowance amount increases from $206 to $210.

• The supplemental flat rate decreases from 9% to 8%.

• The standard deduction amount increases for the following statuses:

  • Single with fewer than 3 allowances: from $2,270 to $2,315

  • Single with 3 or more allowances: from $4,545 to $4,630

  • Married: from $4,545 to $4,630

For more information, see: https://www.oregon.gov/DOR/forms/FormsPubs/withholding-tax-formulas_206-436_2020.pdf.

South Carolina 2020 Tax Update
These are the updates for South Carolina:

• The standard deduction maximum amount for one or more exemption increased from $3,470 to $3,820.

• The personal exemption amount for one increased from $2,510 to $2,590.

• The annual percentage table has been updated.

For more information, see: https://dor.sc.gov/forms-site/Forms/WH1603F_2020.pdf.

Vermont 2020 Tax Update

The updates for Vermont include the following:

• The percentage method withholding tables for Married and Single have been updated.

• The value of a withholding allowance increases from $4,250 to $4,350.

For more information, see: https://tax.vermont.gov/sites/tax/files/documents/GB-1210.pdf. 

You can now apply a reverse charge tax to an intercompany AP voucher. This tax may be necessary when the following apply:

• A company that owns a project is charged for a project expense by another company (the supplying company).

• The company that owns the project is in a tax jurisdiction that requires the company to pay a tax on behalf of the supplying company.  And, for instance, the supplying company is not registered in that tax jurisdiction.

Deltek recommends that you consult your tax advisor for the particular situations in which you may need to apply a reverse charge tax to an intercompany AP voucher.

To specify a reverse charge tax code to use for intercompany AP vouchers:

1. In Settings » Accounting » Intercompany Billing in the desktop application, click the Subledger Terms tab.

2. In the Invoice section, leave any Tax Code field blank if it corresponds with an AP voucher reverse charge tax code that you enter in the Tax Code fields in the Voucher section on this tab. A "corresponding" tax code means that if, for example, you enter a reverse charge tax code in the second Tax Code field in the Voucher section, you must leave the second Tax Code field in the Invoice section blank.

3. In the Voucher section, enter up to three reverse charge tax codes in the Tax Code fields for intercompany AP vouchers.

The corresponding Tax Code fields in the Invoice section on the Subledger Terms tab are now disabled.

On the Options tab in Settings » Cash Management » Tax Codes, for a reverse charge tax:

• You must enter a debit account and project to explicitly indicate the debit entry.

• You can also enter a credit account and project to explicitly indicate the credit entry. If you do not enter a credit account and project, the credit for the intercompany AP voucher will be applied to the account that is entered in the Inputs section on the Options tab in Tax Codes Settings and applied to the organization that is associated with the project that incurred the expense.

When you use a reverse charge tax code on an intercompany AP Voucher, the following apply:

• An intercompany transaction is not created for the tax amount.

• No accounting entry is made to the intercompany accounts receivable or intercompany accounts payable accounts.

The tax amount on the intercompany AP voucher is "reverse charged" to the owner of the AP voucher (the company who owns the project).

Updated PHP Version

The Touch Server for this version of the Deltek for Professional Services mobile application has been upgraded to support PHP 7.3.13.

Defect 882675: In list view in the Contacts hub, the Email column was missing its title.

Defect 1236316: This issue occurred when you created an e-mail alert for plans in Settings » Resource Planning » Alerts and the alert had the plan name in the email Subject field. When you created and tried to save a new plan in the Projects hub, the save action locked and never finished. The email alert was never sent.

Defect 1228523: In the Total Tax Amount column, when you changed a copied expense line's Tax Code field to GST_0 code (to have a zero tax amount), and then you saved and generated the report, the generated report had a tax amount of 1.00.

Defect 1231188: When you clicked the Submit button, timesheets didn't submit and instead remained with a status of In Progress.