Content, links, and some material within this website may have been created by a third party for use by an Avantax affiliated representative. Please consult legal or tax professionals for specific information regarding your individual situation. This information is not intended as tax or legal advice. Although Avantax Wealth Management℠ does not provide tax or legal advice, or supervise tax, accounting or legal services, Avantax representatives may offer these services through their independent outside business. The Avantax family of companies exclusively provide investment products and services through its representatives. Please note that not all of the investments and services mentioned are available in every state. Avantax affiliated advisors may only conduct business with residents of the states for which they are properly registered. *Investment advisory services offered through Avantax Advisory Services℠ ** Insurance services offered through an Avantax affiliated insurance agency. Securities offered through Avantax Investment Services℠, Member FINRA, SIPC. If you have any questions about payroll settings in QuickBooks, please call Angie Uthe at 84. In QuickBooks Online click on the Gear > Payroll Settings > State Taxes > IL State Unemployment Insurance (SUI) Set Up > Change or Add New Rate. If your company file is in QuickBooks Online, and you run your own payroll (you have Self Service Payroll), you should also check your state unemployment tax rate every year. If the rate you have in QuickBooks is incorrect, click on IL-Unemployment Company from the bottom left corner, go to Edit Payroll Item, and continue clicking Next until you are get to “Update company tax rates for 2019”, then input the correct rate, and click Next and Finish. You can check you current tax rate on your MyTaxIllinois account. Make sure that your company’s Illinois Unemployment Tax rate is correct (especially if it has changed since last year). The following are the limits that should be on the Payroll Item List for 2019: Then verify the payroll list.įrom the QuickBooks Desktop menu at the top, click Lists > Payroll Item List. This will run the most current payroll updates. Updating the state unemployment rate is sometimes missed when updating for the new year.įrom the QuickBooks Desktop menu at the top, click Employees > Get Payroll Updates > Update. It is a good time to review your QuickBooks Desktop payroll tax rates to verify that all limits and percentages are correct.

Quickbooks payroll service with desktop