What's New
State and Local Tax Changes:
- DC Paid Family Leave
- Georgia State Income Tax
- Georgia State Income Tax – Additional Withholding Correction: Additional state withholding for Georgia (GA) does not calculate correctly after install of 2nd January Tax Update
- Idaho State Income Tax
- Ohio State Income Tax
- Oregon TriMet Transit District (TM)
- Oregon Lane Transit District (LTD)
- Utah State Income Tax
- Virginia State Income Tax
- New Jersey State Unemployment Insurance Tax: Addition of 0.0425% Workforce Development Fund (WF) to NJ SUI
- Vermont Child Care Contribution Tax: Vermont Child Care Contribution Tax
The following states also had changes to state unemployment wage limits:
- New Mexico
- North Carolina
- North Dakota
- Oklahoma
- West Virginia
Correction for 2-factor authentication (2FA) and Direct Deposit sync error:
- This update contains a fix for an issue that may prevent Direct Deposit sync when 2FA is used with SMS text: Error: “Authentication problem. We are unable to authenticate your credentials at this time.” when syncing direct deposit.
Important! To get this fix, you should be on Release 2024.0.1 prior to installing the July 2024 tax update. If you are on Release 2024.0, you must install the 2024.0.1 update prior to installing the July 2024 tax update. Click Download Sage 50—U.S. Edition 2024.0.1 Update.
For additional information on the items listed above, see Sage Knowledgebase article: July 2024 Tax Update Bulletin.
Is your tax update applied?
You will receive this update automatically through your product. The version for this tax update is 20240701 for release 2024. Follow these steps to make sure that your tax update was applied:
- Open your Sage 50 company.
- Select Help > About Sage 50 Accounting.
- Confirm that the installed Tax Update version number matches version number 20240701.
- If your Installed Tax Update version number does not match:
- Select Services > Check for Updates > Check Now.
- If multiple updates appear, select the update(s) you want to install, then select Download.
- After the download is finished, exit Sage 50 and the update will begin.
Need help?
Visit Sage.com/Resources for options, including links to Sage Knowledgebase, Community Hub, Sage University and Sage Year-end Center, as well as Chat and Online Case submission.