If you plan to opt out, make sure to do so prior to July 31, 2021. In the Shared data section, select the pencil and uncheck the box. The company that was breached in 2017 and leaked over 140 million records? We’ll let you be the judge of that. Is my businesses’ payroll data safe with Equifax? They are not alone, nor the first to share such data with Equifax. QuickBooks desktop payroll services including Assisted, Basic, Standard, Enhanced, Workers Comp Payment Service, and QuickBooks Workforce (formerly View My Paycheck) Payment processing including credit card and check transactions. Intuit joins many of the world’s largest payroll providers (example: ADP, largest payroll provider in the U.S.) in sharing their payroll data with Equifax. These features will be affected on May QuickBooks Pro, Premier, and Enterprise Solutions. In effect, the new service from Intuit will improve processes for both employees and employers.Įssentially, Equifax will be proactively collecting all payroll data in the event they need to share it later, which is very similar to how they manage credit reporting. With this new service, employees will have the power to automatically share this information with creditors, lenders, or government agencies when applying for a loan or line of credit. Before this service, employees often had to manually provide information for their loan or line of credit verification. Select Employees, then select Get Payroll Updates.What is this “The Work Number” from Intuit and when does it start?īeginning fall of 2021, your current QuickBooks Online Payroll subscription will include an automated employment verification and income service that The Work Number from Equifax will power.There are other settings, like INTU It is a file format OFX is used for Direct Connect which means it connects directly to a bank OFX server 2 per cent, respectively, from the same time last year 2 per cent, respectively, from the same time last year. Or access this info from your QuickBooks Desktop company file: A bank may be supported for checking accounts or credit cards, or both Direct Connect 2. Find recent payroll updatesįor a complete overview of the most recent payroll update, select your product year from the list below: There are no E-file and E-pay updates in this payroll update. There are no forms updates in this payroll update. What’s included in Payroll Update 22306 (February 16, 2023)ĭelaware: Wage limit for state unemployment insurance (UI) decreased to $10,500 from $14,500. In the sections below, we provide information and links to recent and previous updates. The latest Payroll Update is 22306, released on February 16, 2023. Check out, Get the latest payroll tax table update to learn how to download and install payroll updates.
These updates include the most current and accurate rates and calculations for supported state and federal tax tables, payroll tax forms, and e-file and pay options. QuickBooks Desktop Payroll provides payroll updates to QuickBooks Desktop Payroll subscribers. Find information on the latest payroll update (22306) as well as earlier release updates.
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