Additional Medicare Tax

IRS logoSo many taxes have changed recently and it looks like more are on the horizon. In effort to keep you up to date, we are updating the Regulatory Changes page on our web site with all the information we have about changes and what they mean to you and how they might change Escape Online processes. I wanted to give you a heads up that we have added the Additional Medicare Tax to our list of changes for 2013. The tax provisions from the 2010 Affordable Care Act include an additional Medicare tax for individuals earning in excess of $200,000 in a calendar year and changes to the 941/943 forms beginning in 2013.

Escape Customer Care is dedicated to keeping you in the loop. I will continue to blog about the upcoming changes (or not) from Congress and any additional changes from the State of California, including the changes for AB340.