Technical Support

FEDERAL TAX TAILORING -- 01/01/07
=============== FEDERAL TAX INFORMATION ================
Company Federal I.D. #: (YOUR NUMBER )
Federal Tax Account: 00000
Personal Exemption Amount: $ 3,400
==================== SOCIAL SECURITY ===================
Employee Deduction Liability Account: 00000
Employer Accrual Liability Account: 00000
SOCIAL SECURITY Rate: 6.200%
SOCIAL SECURITY Wage Limit: $ 97,500
======================= MEDICARE =======================
Employee Deduction Liability Account: 00000
Employer Accrual Liability Account: 00000
MEDICARE Rate: 1.450%
MEDICARE Wage Limit: $ 0
================= FEDERAL UNEMPLOYMENT =================
Unemployment Account: 00000
Unemployment Rate: 0.800%
Wage Limit: $ 7,000

Entry Okay? (Y/N)

[F1] Help       [F3] Lookup                   [ESC] to LEAVE

Fill in the fields as shown above. Your Federal ID Number and G/L accounts will be unique to your company. You can find these by printing a Chart of Accounts Listing or by pressing the F3 key and selecting G/L Accounts.

After you have confirmed your entries, the following screen will appear.

Enter the Minimum of Range amounts and percentages as shown. Press Enter throught the rest of the fields until the screens have the following information:

                           TAX TABLE FOR SINGLE PERSONS
                        ====================================
                         LINE   MINIMUM OF FRACTION OVER
                           #.     RANGE       MINIMUM
                        ======  ========== =============

                        1      2,650     10.000%
                        2     10,120     15.000%
                        3     33,520     25.000%
                        4     77,075     28.000%
                        5    162,800     33.000%
                        6    351,650     35.000%
                        7          0       .000%
                        8          0       .000%
                        9          0       .000%
                       10          0       .000%
                       11          0       .000%
                       12          0       .000%

[F1] Help       [F3] Lookup                  [ESC] to LEAVE

Some state tax tables have changed. Please be aware that it is your responsibility to obtain the new tax tables from your state(s) and make the changes in Contractor III®. If you need assistance entering the changes to your state tax tables, contact A-Systems for instructions.

A-Systems Technical Bulletin #507