TaxTime USA, Inc.

   Click here to download & update UE10UPD_63.exe

• This update is for the 2009 Form 940. Form changes have been made and updated for 2009. For 2009 Michigan payroll is
  subject to an additional .003 (.3%) on Form 940. Schedule A, Part 2 is where the additional tax is computed. In our program,
  in the Form 940 screen, page 1, click on the "1b & 2 Schedule A" Button. Part 2, line 2 defaults to the total FUTA wages from
  Form 940, line 7. You can change this amount by clicking on the override box. In order to complete the calculation click on
  the SAVE button and then CLOSE. Form 940 then automatically updates line 11 and the balance of the form and checks the box for line 2.
  
  Please note that page 2, lines 16 -17 computes based on quarterly detail – if there is a rounding issue when comparing to
  line 12 we recommend adjusting line 16d.
  
  Schedule A, Part 1 does not have to be filled in unless you were required to pay state unemployment taxes in more than
  one state. If this information is filled in it will automatically check the box on page 1 line 1b
   
• Also includes Update 5.5: Form changes to Form 1017 Wage Detail Report
  

• Also includes Update 5.4: When filling in the beginning liability date on the MI Registration the following error occurs:  "The
  allowed eligible date for liability begin date for Income Tax Withholding (line 14a) should be between 4/1/10 and 10/1/10.
  Please update to the new version of Unemployment express."
  
  When printing the amended wage detail report, the first 5 digits of the social security number are "x"ed out.
  
  When tabbing from line 8 on the 941/1020 screen you get a PowerBuilder error and the program closes.
  
  Minor changes to Form 1020 Employer’s Quarterly Tax Report
  
  

• Also includes Update 5.3(Critical Update): It has only just been brought to our attention that as of January 1, 2009 the FUTA rate for Michigan has increased to 1.1%
  from the standard .8% (after the credit) to reflect the additional .3% credit rate reduction.
  
  This rate change is retroactive to January 1, 2009.
  
  We have updated our Taxable Wage Report which now shows the additional .3% credit rate reduction and the total FUTA tax
  liability at 1.1% for all quarters. To view this report in our program – from within the 941/1020/1017 Wage Detail screen,
  click on the Print Preview icon at top menu bar and select the Taxable Wage Report. To print this report - from within the
  same screen, click on the printer icon and the Taxable Wage Report can be selected for printing.
  
  Form 940 for 2009 will be updated in our program as soon as the IRS releases this form.
  
  U.S. Department of Labor determines which states are credit reduction states and Michigan is currently the only state to
  receive a 2009 FUTA rate increase. A state that has not repaid money it borrowed from the federal government to pay
  unemployment benefits is called a credit reduction state. The increased rate is to be used to repay the funds Michigan has
  borrowed from the Federal Government.
  
  As FUTA is only a quarterly deposited tax, business owners are likely to be one quarter behind. At this time we can only
  assume that the IRS will not be assessing late fees for the first quarter given the late nature in which the information was
  released. Also, if an employer’s tax liability is under $500 their FUTA tax is only deposited annually.
  
  The MI Unemployment Department has prepared a Fact Sheet explaining the MI FUTA tax credit reduction situation. The link
  is below:
  
  http://www.michigan.gov/documents/uia/126_-_ChangesTo_FUTA_280302_7.pdf

• Also Includes Update 5.2 (Critical Update): The second quarter Taxable Wage Report incorrectly computes the FUTA
  taxable wages when year to date employee wages are less than $7,000.00. This update fixes the FUTA taxable wage
  calculations and resulting total FUTA tax calculation for the second quarter.

• Also Includes Update 5.1: When selecting a SSN/PTIN for a Paid Preparer under Part 5 of Form 941 the Paid Preparer's
  name did not match the SSN/PTIN selected
  
  Download Update from Internet
  
  If you are in MI Unemployment Startup Express 2009 Please Exit
  
  After clicking the above link, a File Download window will open.
  
  Click Open. A MI Unemployment Express update window will open.
  
  Change installation drive and folder to match where you originally installed the software.
  
  Click Finish
  
  The system will then ask to overwrite some files click Yes to All. This update does not alter any client files.
  It only updates program files.
  
  A message: Package Delivered Successfully will open when update is completed
  
  This will completes the update
  
  You may re-enter the software. Click Help from the main menu bar and then click About the software
  should now say Ver 5.6