The 21.1 version of CAS is now available from the Solution Center or via the auto-update feature in CAS. It includes the following regulatory updates.
Regulatory Updates
The following regulatory information is now available for Client Accounting Suite and Client Accounting Suite Premier:
- 2021 Federal Forms update
- 940
- The 943 and 944 will be included in a future update.
- W-2, W-3, 1096, 1098 and 1099s
- 1099-NEChas been added to the list of available 1099s for reporting to IRS through the Combined Fed/ State program.
- Reminder that W-2, W-3 and 1099- NEC, both printed and electronic must be filed by
January 31, 2022.
- W-2 and 1099 federal and state electronic filing formats.
- Review the Year End Guide (available on the Help menu) for all end-of-year questions and procedures.
Note: 1094-B and 1094-Cand their transmittal forms will be provided in a future update.
Important: All 1099/ 1096 forms submitted to the IRS must be printed on the red ink approved forms.
Failure to comply with this may result in fines or rejections. To order the 1099/ 1096 red ink forms for
Client Accounting Suite, call Nelco at 1-800-266-4669.
- 2022 Federal Withholding Rates
- The 2022 Federal withholding rates have not been finalized for 2022. We will include in a future update.
- For 2022, the employee and employer tax rate for Social Security continues at 6.2%. The
Social Security wage base increases to $147,000.
- The Medicare Tax rate remains at 1.45% for 2022. There is no wage base limit for Medicare tax.
- The Additional Medicare tax of 0.9% continues for 2022 on earnings over $200,000 for all taxpayers.
- 2022 State Withholding Rates - The following state withholding calculations have been updated
for 2022:
- California
- Georgia
- New York
- New York - Yonkers
- Oregon
- Wisconsin
- Note: As other states change their rates for 2022, we will provide updates on the support website.
- Reminder: Be sure to update the state wage limit in the State Setup before processing payrolls for 2022.
- Review the Year End Guide for all Regulatory quest ions and procedures. The Year End Guide is available on-line in PDF format from the Help Menu.
Scheduled Updates
- January 2022 - Client Accounting Suite 21.2 - State Withholding and form updates
