Accountant's Assistant Handbook

Federal tax tables 
To set the annual wage limit and rates for FICA-SS, FICA-Med, and 
FUTA for the current payroll year and to set the federal withholding 
allowance, choose Setup / PayCheck Tax Information / Federal and 
update the amounts as needed. You may or may not need to change the 
amounts and rates on this dialog each year. If you do need to make 
updates, obtain the appropriate figures from the current Circular E and 
enter them here. Then you can create a single new accountant’s transfer 
file for all of your CBS PayCheck clients to use to update the payroll tax 
tables. 

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Client Setup in Accountant’s Assistant 
Accountant’s Assistant Handbook 
87 
To update annualized federal withholding tables or EIC advance 
payment tables for your CBS PayCheck clients, click the Tables button 
on the Federal Tax Tables dialog. The Married, Single, EIC - Single