Alabama 2024 Overtime Exemption Updates

The update for Alabama is effective October 1, 2024. 

In 2023, Alabama passed a law exempting overtime compensation from state income taxes from January 1, 2024 to June 30, 2025. The exemption applies to overtime compensation paid during this period to employees paid on an hourly basis for work performed in excess of 40 hours in a week.

Starting October 1, the exemption will apply to any overtime compensation provided in accordance with the FLSA, under HB 407. This change will remain in effect until the exemption expires on June 30, 2025. HB 407 also amends employer reporting requirements to conform with the exemption modification.

For more information, see the Overtime Pay Exemption Reporting Guidance and FAQs: https://www.revenue.alabama.gov/individual-corporate/overtime-exemption/

Arkansas 2024 Tax Updates

The updates for Arkansas are effective immediately:

• The highest rate decreases to 3.9% and the tax brackets have been adjusted.

• The supplemental withholding rate decreases to 3.9%.

Kansas 2024 Tax Updates

The updates for Kansas are effective immediately:

• The tax brackets have been updated from four tax brackets of 0%, 3.1%, 5.25%, and 5.7% to three tax brackets of 0%, 5.2%, and 5.58%.

• The withholding allowances expanded to four filing status options: (S) Single, (M) Married filing jointly, (1) Married filing separately, and (H) Head of Household.

• The withholding allowance amounts will now depend on the employee’s filing status:

  • Married filing jointly: $18,320

  • Married filing separately: $9,160

  • Single: $9,160

  • Head of Household: $9,160

• An additional allowance of $2,320 annually can be claimed by all statuses for each dependent.

• An additional allowance of $2,320 annually can be claimed by heads of households.

For more information, see the Kansas Withholding Tax Guide: https://www.ksrevenue.gov/pdf/kw100.pdf

Nevada 2024 SUTA Electronic Filing Updates

The update for Nevada is for the Nevada State Wage Record (RS32WAGE). The out-of-state information will now be reported in the RS record, position 360-373. This change applies beginning in Q2.

For more information, see the Nevada State Wage Record: https://ui.nv.gov/PDFS/EFW2_CodeRS32WAGEOOS.pdf

Defect 2121372: When you selected to transfer expenses that had attached receipts, you received the following error message on the Billing Expense Transfer dialog box: "There is no row at position 2."

Defect 2167908: Invoices that you printed in Interactive Billing did not correctly display Chinese characters in the invoice footer.

Defect 2225556: When projects had user-defined, required fields, you received an error message when you tried to add a project to the Associated Projects grid on the Experience tab of the Employees form.

Defect 2162131: When you only had read-only access rights for the Firms hub and the Projects hub, the Smart Summary button was disabled for both hubs.

Defect 2159306: When Contract Management fields were marked as required in Screen Designer and you added a contract, you received an error message about the required fields before you entered information for the new contract.

Defect 2225235: When you attempted to add new resources to project plans after upgrading to 7.0, the process was slow.

Defect 2181391: When you created a new project using a project template, the project creation process took a long time to complete.

Defect 2195147: When you selected Show Estimate-At-Completion in Settings » Project » Budget, the EAC Budgeted Multiplier key performance indicator under Project Review did not calculate correctly.

Defect 2208141: When you tried to run the Project Earnings Report with Scope set to Companywide and Method set to Prorata in Settings » Accounting » Overhead Allocation, and the Performance Improvements: Project Earnings Report - Only Include Needed Columns in Query opt-in feature was enabled in Settings » General » Opt-In Feature, the report failed to run.

Defect 2210063: When you turned on the Only Include Needed Columns in Query feature, the Percent Complete Reported Bill, Won/Lost Date, Proposal Manager, and Supervisor columns in the Project Earnings report were blank.

Defect 2210701: The Project Forecast report did not display data when the following conditions were met:

• On the Options tab of the Project Forecast form, you set the Fee Allocation option to Use Allocation Method of Project.

• On the Estimated Fee tab of the Contract Management form, you set the Allocation Method option to Use Revenue Forecasts for the project.

• On the Labor tab of the Plan form, you set up labor codes under the project.

Defect 2219222: When you used advanced search filters in the Project Forecast report to include records with an inactive or dormant status at the project level, the allocated forecast amounts did not display in the generated report.

Defect 2220132: When you tried to generate a Project Earning report using a large database with a lot of planning data, you received this error message: "Connection failure, timeout or low disk condition within database (rsReportServerDatabaseError)."

Defect 2225672: When you tried to preview a Labor Resource Forecast Favorite report in Vantagepoint using the Include Budgeted Employees search option and that report was originally created in Vision, you received one of the following error messages: "Invalid query parameter" or "Server Error in /SWBR/Reporting Application."

Defect 2227383: When collation setup was different in Vantagepoint and SQL Server, the Aged Unbilled Revenue report failed to run and you received the following error message: "Query execution failed for dataset 'ReportDataset'. ---> System.Data.SqlClient.SqlException: Cannot resolve the collation conflict between "Latin1_General_CI_AS" and "SQL_Latin1_General_CP1_CI_AS" in the equal to operation."

Defect 2228767: When you ran a custom report and your role had access only to the Reporting application and the custom report, you received the following error message: "You do not have access."

Defect 2243292: When you scheduled to run the Project Earnings or Project Summary reports, selected Project Planning Budget as the source of budget data, and set the reports to be emailed to multiple contacts, Vantagepoint only sent an email message to the first contact selected on the Email Report dialog box.

Defect 2208274: When you set the Use Time Approvals option to No in Settings » Time » Time Approvals, or enabled the Automatically Approve Submitted Timesheet with Zero Hours option in a timesheet approval workflow, you were able to submit timesheets with zero hours and no projects.

Defect 2248275: This issue applies if you use the Timesheet Due alert, and it is set up to send alerts on the due date, days before the due date, or days after the due date. Users with these timesheet statuses did not receive a timesheet due notification. In Utilities » Process Server » Queue Manager, the following termination error message displayed in the AlertQueue queue for the failed timesheet due alert: “Module: System.Text.StringBuilder. Message: "Index zero-based must be greater than or equal to zero and less than the size of the argument list.”

Defect 2186166: User defined fields with the Firm datatype were not available when you tried to access those fields in Analysis Cubes after a Full Refresh was completed.

Defect 2193488: When you moved the MktCampaign.Goals field from the Summary Pane to the Overview tab of the Marketing Campaigns form and then updated the settings of the MktCampaign.WBS1 field in Screen Designer, you received this error message: "MktCampaigns|x|MktCampaign.WBS1 already exists and cannot be added."

Defect 2174494: When you navigated to a prior fiscal period and exported all transaction records from Posting Review, Vantagepoint displayed data from the current period. This issue occurred when you scheduled the export of a large amount of data and ran the process through the process server.

Defect 2225559: When you added a row in the Project Information grid on the AP Vouchers form and saved the changes, you received this message: "Field UnrealizedGainAccount has been secured for your Role." This issue occurred when you edited the Accounting dashboard before you made changes on the AP Vouchers form.

Defect 2224204: On the Change Number tab of the Phases form, when you entered a new phase name for a phase in the New Phase field in the grid and clicked Run, you received the following error message: "Getting error INSERT failed because the following SET options have incorrect settings 'ANSI_WARNINGS'."