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Subject: [no subject]

Basically the different factors, filing status, exemptions, etc that 
effect the tax table calculations do not change the algorithm, but 
generally affect the point at which different tax rates take effect. 

Modeling these algorithms will provide a much easier method for updating 
tax rate tables then relying on date entry for each table.


Timur Taluy

File Your Taxes Online, FileYourTaxes.com
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On Tue, 19 Oct 2004 eric.e.cohen@us.pwc.com wrote:

> Talking about a couple different things, really. Let's talk about typical 
> individual income taxes.
> Check out pages 62- 74 (http://www.irs.gov/pub/irs-pdf/i1040.pdf) - the 
> guides to the amount of taxes that should be paid based on certain taxable 
> incomes when filing individual tax returns. Similar tables used in many 
> states, such as my home, NY (see pages 75-90 of 
> http://www.tax.state.ny.us/pdf/2003/inc/it201i_2003.pdf.
> Publication 505, Tax Withholding and Estimated Tax, is also an interesting 
> read.
> Based on employee declarations about marital status and number of 
> dependents/exemptions, the employer pulls out money from the salary in 
> advance of the end of the year. There are tables and or formulas used for 
> this as well.
> The employee, when filling out his or her individual tax return, then 
> substracts the amount already withheld, any other amounts, such as amounts 
> paid as estimates of taxes to be due, to come up with the balance due.
> There are sales tax tables, e.g. 
> http://www.tax.state.va.us/web_pdfs/busForms/st_table_5percent.pdf also, 
> and others using the same concept.
> Can't speak much to the update mechanism - they announce the new tables, 
> software developers work like made to get them into their software.
> Here is ATO spin on same topic: 
> http://www.ato.gov.au/print.asp?doc=/content/33589.htm
> <eccn />
> Andy Greener <andy@gid.co.uk> 
> 10/18/2004 04:44 PM
> To
> "Sylvia Webb" <swebb@gefeg.com>
> cc
> <tax@lists.oasis-open.org>
> Subject
> Re: [tax] FW: standard format for payroll tax tables
> It would be really helpful if someone from the US could explain what
> these tax tables are exactly, and what the update mechanism is. Thanks!
>         Andy
> At 11:44 am -0700 18/10/04, Sylvia Webb wrote:
> FYI,
> Sylvia Webb
> From: Tigers Mailing List [mailto:tigers@lists.taxadmin.org] On Behalf Of 
> Jonathan Lyon
> Sent: Monday, October 18, 2004 11:13 AM
> Subject: standard format for payroll tax tables
> Interested, anyone?
> Jonathan Lyon
> _________
> Tracy,
> A standard format for payroll tax tables really would be useful. I imagine 
> this principally would require an agreement among the federal, state, 
> local tax entities and payroll software vendors. While HR-XML would not 
> take on this type of payroll tax table project, it might possibly be of 
> interest to the TIGERS group within ASC X12. This is a group that does 
> have representation from federal and some state taxing authorities as well 
> as major payroll vendors.
> I've copied the chair of the TIGERS workgroup who might be able to tell 
> you if a project of this type has been discussed.
> Best Regards,
> Chuck Allen
> Director, HR-XML Consortium, Inc.
> From: Paul Kiel [mailto:paul@hr-xml.org]
> Sent: Monday, October 18, 2004 10:14 AM
> To: 'Tracy Williams'
> Cc: kim@hr-xml.org; Chuck Allen - hrxml
> Subject: RE: HR-XML Quick Question (payroll)
> Hi Tracy,
> Apologies for the delayed reply - I was in Chicago at our latest meeting 
> most of last week.
> While there have been several attempts to address more of the payroll 
> transactions that are of interest to members (i.e. general ledger has been 
> brought up numerouos times), there is no current payroll related activity 
> within the Consortium right now.  Having said this, we are member driven, 
> so if you were to join the Consortium and find like minded folks with an 
> interest in standardizing specific transactions, we would certainly 
> welcome new activity. 
> I'll also pass on your question to our payroll email list to share with 
> them.
> Cheers,
> Paul Kiel
> W. Paul Kiel
> HR-XML Consortium
> 919-846-0224
> paul@hr-xml.org
> -----Original Message-----
> From: Tracy Williams [mailto:taw@datatel.com]
> Sent: Monday, October 11, 2004 5:53 PM
> To: paul@hr-xml.org
> Subject: HR-XML Quick Question
> Are there any plans in the works for an HR-XML schema for payroll tax 
> table updates that need to be updated within each payroll system from 
> federal/state/local entities to employers?  That would be very helpful 
> information if this is being planned or is in the works.
> Thank you for any information you can provide!
> Tracy Williams, M.A.
> Human Resource Product Manager
> Datatel, Inc.
> How higher education does business.
> Voice: 703.227.1141
> Fax: 703.968.4573
> E-mail: taw@datatel.com

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