Sage Abra Customer Alert
Sage Abra Q4 2010 Quarterly Tax Updates expected to be delivered the week of December 27th
This Alert applies to Abra Suite and Abra SQL HRMS with Payroll
The Federal Government released 2011 tax rates as of Friday Dec 17th. In response to this release, Sage Abra Q4 2010 Quarterly Tax Updates are delayed and are expected to be delivered the week of Dec 27th. This delay is necessary to incorporate the federal tax rate updates in Q4 which will minimize customer confusion and avoid the need to apply a hot fix after the Q4 update has been delivered.
The Q4 2010 Quarterly Product Update for Abra Suite 7.7x, 7.8x and 9.0x, as well as, Abra SQL HRMS Payroll 8.5, 10.0 and 10.1 will contain the Social Security employee tax rate changes per the legislation passed and signed by President Obama on December 17, 2010. The full extent of this change is described as follows:
Under The Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010, which was signed by President Obama on December 17, 2010, the employee's share of Social Security tax in 2011 will be reduced from 6.2% to 4.2%. Therefore, the maximum an employee would pay in Social Security tax (if the employee is paid at least the wage base of $106,800) is $4,485.60. Employers would continue to pay the full rate of 6.2% for a maximum of $6621.60 on at wage base of $106,800 for 2011.
In addition we are delaying the release to address the following:
- Employee Tax Rate for Railroad Tier 1 Reduced, Effective January 1, 2011
- Employee Tax Rate for Social Security Reduced, Effective January 1, 2011
- Federal Withholding Tax Changes, Effective January 1, 2011
All other tax items addressed in Q4 are documented in the Release Notes. Upon availability, both Sage Abra Suite Payroll customers and Sage Abra SQL HRMS Payroll customers will receive an alert notifying of availability to download the tax update from Support Plus Online.
Visit SupportPlus Online at http://www.SageAbra.com/support.aspx/Labels: Abra Payroll, Sage Abra HRMS
Andrew Lindsay Joins CMS Sales Team
Farmington, CT--Cost Management Services, a leading provider of HR and Payroll Software and developer of iRecruit a web based recruiting solution, announced today that Andrew Lindsay has joined its sales team. Drew has 10 years sales experience and most recently was a Customer Account Manager with Sage, overseeing lead generation, communication and delegation to business partners.
"Drew is a terrific addition to our sales team, and we're looking forward to working with him," said Brian Kelly, CMS' Managing Partner.
In his new role at CMS Drew will be responsible for iRecruit Sales and Business Partner relationships.
About Cost Management Services
CMS - Cost Management Services, LLC founded in 1997, focuses on developing and providing Employment Management Solutions for business across North America, Canada, Guam and the Virgin Islands. Located in Farmington, CT, our commitment to excellence and customer support is paramount.
Our vision is to provide companies with a paperless applicant tracking process that will exceed our client’s expectations. Recently CMS integrated its iRecruit system with its Work Opportunity Tax Credit ”WOTC” service to provide customers with an automated approach to saving money using CMS’ WOTC program.
In addition, iRecruit completely integrates with one of the leading Human Resources Management Systems solution on the market today Sage Abra HRMS and has developed a universal export to feed other HR packages.
CMS provides weekly iRecruit demos, Wednesday's at 1pm Eastern Time. Register on our website at www.irecruit-software.com or call us at 1-800-517-9099 to schedule a demo at your convenience.Labels: Andrew Lindsay, Brian Kelly, CMS, Cost Management Services, iRecruit, Sage Abra HRMS
New Sage Compliance Game
 Have you tried the new Sage Abra HRMS Compliance Game? It's a fun way to test your HR compliance knowledge (pleased to say that I actually got ALL the questions correct!).
Once you answer all the questions on the 6-question quiz you can download the new "Avoiding Costly fines: 2011 guide to Compliance Mandates" free whitepaper.
Try it out here: http://www.sageabracompliancegame.com/Labels: Compliance, HR Software, Sage Abra HRMS
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