Important 2023 Tax Form Filing Information

During 2023, two noteworthy tax form filing changes affect the processing of 2023 1099, W-2, and ACA forms:
On February 21, 2023, the IRS and the Department of the Treasury changed the Federal eFile threshold for 2023 from 250 to 10. Click here for more information. For specific W-2 and ACA form information, click here. For specific 1099 series information, click here.
All 1099 copies will be printed on plain paper, including the Copy A (often called the “red copy”) and your 1096. CenterPoint/Aatrix received IRS approval to print all copies of the 1099 on plain paper.
Perforated paper and envelopes can be purchased from Computer Forms, Inc. by clicking here, by calling 800‑458‑0158, or by clicking the Order Checks and Forms icon on the Red Wing Software website. All orders are 25% off until December 31, 2023 (use promotion code RWCFITD when ordering).

Important 2024 Tax Table Update Information

On December 20, 2023, Red Wing Software released the first 2024 tax table update. Please download and install this update prior to your first pay run of 2024.

What's Included in the Update?
CenterPoint Payroll 2024 Tax Table Update version 18.12 - All required Federal and FICA tax changes effective January 1, 2024, and the FICA Wage Base Limit change to $168,600, as well as 2024 State tax changes received by December 19, 2023. To view the tax changes and download the 2024 Tax Table Update, check our website for current information.
Important notice for Colorado, Iowa and Montana: These states significantly changed their tax calculations. Prior to running your first pay run of 2024, we recommend verifying your employee tax setup. Check with your state Department of Revenue for more details.
To verify your employee setup:
Install the version 18.12 tax table update.
Open CenterPoint Payroll.
Select Setup > Employees.
Edit an employee and select the Taxes tab.
Select your state withholding tax and verify the 01/01/24 Tax Detail setup on each employee.

Year-End Procedures

Software Program Year-End FAQ Document
CenterPoint Accounting for Agriculture Click Here
CenterPoint Accounting Click Here
CenterPoint Fund Accounting Click Here
CenterPoint Payroll Click Here

Subject to change prior to year-end.

CenterPoint year-end documents can also be accessed directly from the Help section. From our website at www.redwingsoftware.com, select Menu. Under your CenterPoint product, select Help. In the Search bar, enter Year-end Frequently Asked Questions or by logging into our website at www.redwingsoftware.com from the My Account Home page, select End of Year.

Employees Can Opt to Receive Pay Information Via Text!

We are excited to announce the release of CenterPoint Time Clock web version 3.03 and CenterPoint Publish Pay Advices web version 2.05. This update includes new functionality that will allow your employees to sign up for and receive text notifications for time clock and pay advice service functions. Prior to this update, all CenterPoint Payroll Web Service notifications were only sent via email.
Please inform your employees about this exciting new feature. Employees can enable text notifications by selecting User > Settings (upper-right corner), clicking Change next to Text Notifications, and following the on-screen instructions. Note: Email and text notifications can be enabled/disabled individually in Settings.