Arkansas 2022 Tax Updates

The new withholding formula for Arkansas takes effect October 1, 2022. Updates include the following:

• The highest tax rate used decreases from 5.5% to 4.9%.

• The tax brackets have been adjusted.

• The standard deduction increases from $2,200 to $2,270, but the value of a state allowance remains unchanged at $29.

For more information, see the following documents:

• Withholding Formula: https://www.dfa.arkansas.gov/images/uploads/incomeTaxOffice/whformula.pdf 

• Withholding Instructions: https://www.dfa.arkansas.gov/images/uploads/incomeTaxOffice/withholdInstructions.pdf 

District of Columbia 2022 Tax Updates

The District of Columbia's new personal income tax rates (effective January 1, 2022) should be used for withholding despite no formal update to the district's withholding methods. The personal income tax rate table was amended in the Income Tax Fairness Amendment Act of 2021. The amendment increased tax rates for those earning more than $250,000 per year, up to a highest rate of 10.75%, instead of 8.95%.

For more information, see the following references:

• D.C. Law 24-45. Fiscal Year 2022 Budget Support Act of 2021: https://code.dccouncil.gov/us/dc/council/laws/24-45

• District of Columbia Tax Changes Take Effect October 1: https://otr.cfo.dc.gov/release/district-columbia-tax-changes-take-effect-october-1-real-property-individual-income-and 

As for the Federal Poverty Level, the 2022 federal poverty guideline for the 48 contiguous states and the District of Columbia is $13,590. For more information, see https://aspe.hhs.gov/topics/poverty-economic-mobility/poverty-guidelines.

Florida 2022 SUTA Electronic Filing (Florida): Removing Requirement to Report at Least One Employee

The following requirement to report at least one employee has been removed in XML schema v2022 1.0: At least one employee must be reported. If there are no employees to report, enter "Jane Doe," with a Social Security number of "999999999."

Refer to the changes.txt file in the Reemployment Tax XML Package:

• Software Developer Information and Specifications: https://floridarevenue.com/taxes/eservices/Pages/developerinfo.aspx

• Reemployment Tax XML Package: https://floridarevenue.com/taxes/Documents/flRtXmlPkg.zip

Indiana 2022 Tax Updates

Indiana added a third deduction constant table (Table C) for a new exemption for adopted children. Most employees are entitled to deduct $3,000 per year per qualifying adopted child claimed on line 7 of Form WH-4. The other two deduction constant tables (Tables A and B) and the 3.23% income tax rate were not changed. 

Form WH-4 (Employee's Withholding Exemption and County Status Certificate) was also updated to include the adopted child exemption.

For more information, see these documents:

• Departmental Notice #1: https://www.in.gov/dor/files/reference/dn01.pdf 

• Withholding Tax Forms: https://www.in.gov/dor/tax-forms/withholding-tax-forms/ 

Virginia 2022 Tax Updates

Virginia's withholding methods were updated effective October 1, 2022 to implement an increased standard deduction. The standard deduction increases from $4,500 to $8,000 for single individuals, and from $9,000 to $16,000 for married individuals filing jointly. For more information, see the Income Tax Withholding Guide for Employers: https://www.tax.virginia.gov/sites/default/files/vatax-pdf/employer-withholding-instructions.pdf. 

Defect 1764295: In the desktop application, on the HMRC Interface tab, the Submit VAT Obligation button was shaded (grayed out). This issue occurred when you had open rows with zero amounts in the grid.

Defect 1757803: On the Units tab of the Interactive Billing form, when you added a billing unit to the Units grid and you used the lookup in the Unit field on the Billing Unit Insert dialog box, you received the following error message: "Cannot resolve the collation conflict between "SQL_Latin1_General_CP1_CI_AS" and "SQL_Latin1_General_CI_AS" in the equal to operation.

Defect 1813181: On the Invoice Approvals form, after you approved a submitted invoice you were not able to approve other submitted invoices. The Approve and Reject actions were not available.

Defect 1740811: You created an automatic vendor payment run. When you processed the payment run, the amount for an AP Voucher that should have been partially paid was incorrectly paid in full. This issue occurred when you did the following:

1. On the Voucher Details Dialog box in Hubs » Firms Voucher Review, you set the Payment Term option to PWP and applied a partial Cash Receipt for the vendor record.

2. You navigated to Cash Management » Vendor Payments, created an automatic vendor payment run, and then selected the vendor in Step 1. The voucher included in the payment run displayed a partial payment.

3. On the Select Vouchers Page, you changed the Process Type option to Manual.

4. In the Vendor Balances grid, you selected a different vendor and removed vouchers from that vendor's payment run.

5. You selected the first vendor again and the vouchers included for the payment run incorrectly reflected the full amount.

Defect 1767962: When you processed an automatic vendor payment run, the Payments grid displayed two payment records for one vendor in the Printing and Numbering Page. This issue occurred when you did the following:

• You selected a vendor in the New Payment Run Page, and the vendor had the same address but the address was entered using different capitalization styles (for example, Address and ADDRESS).

• You manually selected a voucher for a vendor payment run, and then deleted the run. You used the same voucher in the automatic payment run.

Defect 1812561: On the Fees tab in Billing Terms, when you updated the entry in the Percent Complete field or the Fee to Date field for a row in the Fee Billing Phases grid, four decimal places displayed for the entry. The fields should have displayed only two decimal places. The four decimal places also displayed on the invoice in Interactive Billing.

Defect 1821235: This issue occurred in the Projects hub when you created a new phase for a project by copying an existing phase from another project. The entry in the Phase to Adjust field from the phase that you copied was brought over for the new phase, even though the phase in the Phase to Adjust field did not exist for the project. This issue produced incorrect financial reporting when you ran Revenue Generation.

Defect 1760111: This issue occurred when you applied distribution overrides to a purchase order line item in Purchasing » Purchase Orders and then specified multiple projects in the Cost Distribution section of the Purchase Order Line Detail dialog box. On the Purchasing tab of the Project Review form, the P.O. Amount field in the Purchase Orders on File grid did not display the correct total net amount of the purchase order. It instead multiplied the amount by the number of project rows on the Purchase Order Line Detail dialog box.

Defect 1738594: When you navigated to the notification center and clicked the timesheets for approval, the Approval Center drop-down list still displayed the Expense Lines approval type instead of the Timesheets approval type.

Defect 1583902: This issue occurred in dashparts with the project or project details dashpart bases.

The following columns displayed internal code values instead of the correct values:

• Modify User

• Create User

• Client ID

• Billing Client ID

Defect 1814368: The projects listed on a timesheet had large spaces between them. This issue occurred when you printed a timesheet from the Timesheet form using the following actions:

• Floor Check, and then you selected Print Detailed Timesheet or Print Summarized Timesheet

• Print, and then you selected Detailed Timesheet

Defect 1813244: In Resource View, the total planned hours listed for the resource level did not match the sum of values at the project details level.

Defect 1758215: When you tried to search for a firm using the Find firm search field, Search omitted aliases and only checked firm names. As result, the matching records returned for the search were incomplete.

Defect 1755241: When you imported employee records using the import utility in Utilities » Desktop Imports, the employee names included unwanted special characters when viewed in Hubs » Employees.

Defect 1763853: This issue occurred after you, in Cash Management » Vendor Payments, created and processed a vendor payment run but did not complete its posting. If you then, in Utilities » Transaction » Incomplete Posting, selected the vendor payment run and unposted it, Vantagepoint removed the payment run but the AP vouchers included in the payment run did not display on the Select Vouchers to Pay dialog box.