Business Software, Inc. (BSI) Confidential and Proprietary Information

BSI TaxFactory Release 9.0Regulatory Bulletin Number 133January 15, 2014BSI recommends that the BSI TaxFactory 9.0.k2 cyclic upgrade be applied for employers processing Puerto Rico withholding tax.

ENGINES AFFECTED BY DATA CHANGES: BSI TaxFactory Engine X

ReciprocalTax Engine

WageAssessor Engine X

PensionTax Engine X

TaxLocator Engine

WageAttachment Engine

BSI TaxFactory EngineFederal Taxes

States and Possessions TaxesX

Local Taxes

States and Possessions TaxesAuthorityBSI System CodeTax TypeEffective DateChange Description

ILLINOIS00170000Withholding Tax

Tax Type 00101/01/2014Increases the exemption amount FROM $ 2,100 TO $ 2,125.

PUERTO RICO00430000Withholding Tax

Tax Type 00101/01/2014Updates the Allowance Special Deduction Table.

WageAssessor EngineFederal Taxes

States and Possessions TaxesX

Local Taxes

States and Possessions TaxesAuthorityBSI System CodeTax TypeEffective DateChange Description

SOUTH CAROLINA00450000Withholding Tax

Tax Type 00101/01/2014Decreases the non-taxable limits for Transportation CHV (E052) FROM $245 per month TO $130 per month.

Increases the non-taxable limits Qualified Parking (E032) FROM $245 per month TO $250 per month.

SOUTH CAROLINA00450000EMPLOYER RETIREMENT PLAN-S.S TAX TYPE 06301/01/2014Changes the benefit plans taxability data to follow the employee Retirement Plan-S.S. taxability guidelines.

UTAH00490000Withholding Tax

Tax Type 00109/16/2013Re-issues the data previously issued in bulletin number 131 to correct a Data shift issue.

WEST VIRGINIA00540000Withholding Tax

Tax Type 00101/01/2014Corrects the benefit plans data previously issued in bulletin number 131 for Section 125 (P006), Dental Insurance (SEC 125) (P007), Group Term Life (SEC 125) (P008) and Health Insurance (SEC 125) (P009) FROM taxable TO non-taxable.

PensionTax EngineFederal Taxes

States and Possessions TaxesX

Local Taxes

States and Possessions TaxesAuthorityBSI System CodeTax TypeEffective DateChange Description

PUERTO RICO00430000PENSION PERIODIC WITHHOLDING

TAX TYPE 07001/01/2014Updates the Allowance Special Deduction Table.

Special InformationKeeping all messages in your Message Viewer may use all available database free space. BSI recommends monitoring table spaces and clearing old messages that are no longer required to prevent this from happening.

Comments BSI will be closed on the following days: January 20, 2014 May 26, 2014 July 4, 2014

It is important that we have your firm's proper support contact information (name, address, phone number(s), e-mail address. To add, change or correct your support contact information, use the forms located on the left sidebar of the MyBSI homepage. Please inform BSI of any hardware changes in writing via fax (770) 448-3208, e-mail (CUSTOMER.SERVICES@BSI.COM) or regular mail (155 Technology Parkway, Suite 100, Norcross, GA 30092).

BSI has two toll free phone numbers that you may use to place calls to the Support Department. The phone numbers are (877) 274-7873 and (888) 293-3413.

Information on BSI TaxFactory Support Services is located in the BSI TaxFactory On-line Help.

Tax updates are made available to customers as soon as they are certified for production by the Quality Assurance Team. Set your notification options so that you are immediately notified through your e-mail system when updates are available for download.

The BSI Website uses pop-up windows to display information to the user. If you have software that prevents the display of pop-up windows, you may experience difficulties taking advantage of all the functionality provided by the BSI Website, such as QuickFormulas. It may be necessary for you to modify the configuration of your pop-up disabling tool to allow the BSI Website to function correctly.

QuickFormulas and Pension QuickFormulas have been updated for the tax changes listed above.

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