Year-End Tax Forms

07 December 2023 connies Customer Information
As the end of 2023 approaches, we would like to suggest the perforated paper and envelopes that you may need to purchase for processing W-2s, 1099s, and ACA forms (for CenterPoint Payroll only). 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). You can filter your selections by using the Type filter on the left side of the screen.
All W-2 and 1099 forms (including the Copy A (often called the “red copy”) and your 1096) can be printed on the same plain perforated paper (if you choose to order the blank perforated paper with no backer instructions) and use the same envelope. You can print the W-2 and 1099 forms on plain paper, but the IRS recommends the forms be printed on perforated paper. The W-3 can be printed on blank plain paper.

Important CenterPoint® Version 18.8 Year-End Update

06 December 2023 StephanieE Customer Information
CenterPoint version 18.8 is now available and is currently being rolled out. If you have not received the update yet, it will be available to you soon. CenterPoint version 18.8 includes the following notable changes:
• The 1099 export to Aatrix tax forms for individuals was updated to export as First, Middle, Last instead of Full Name. This is due to Internal Revenue Service 1099 filing specification changes for filing year 2023.
• The Pennsylvania 2023 Section 179 Limits were updated for assets put into service after 1/1/2023 to match the Federal limits. For tax years beginning in 2023, taxpayers can expense up to $1,160,000.00. This dollar limit is reduced when Section 179 property placed in service during the year exceeds $2,890,000.00.
• Data provided to Aatrix tax forms for Alabama state reports was updated to include exempt overtime wages. For information on how to handle the Alabama Overtime Exemption in CenterPoint, click here.
Please install this update before processing and filing your 2023 1099 tax forms. Note: The final version of the 2023 1099 forms will be in the Aatrix 4th quarter update, which typically is available in the December 20th time frame.
Click here to see all CenterPoint Accounting for Agriculture changes on version 18.8 and prior or click here to see all CenterPoint Payroll changes on version 18.8 and prior.

Upcoming Conferences/Trade Shows

12 October 2023 StephanieE Customer Information
Red Wing Software will have an exhibiting presence at the 47th Annual Louisiana Municipal Clerks Institute. CSA Software, a Red Wing Software partner, will be exhibiting at the event in Baton Rouge, Louisiana, at the Embassy Suites by Hilton Baton Rouge, October 25-27, 2023. CSA will also be exhibiting at the Municipal Clerks Winter Conference  at the Perdido Beach Resort in Orange Beach, Alabama, November 29-December 1, 2023.
Please stop and say hello and ask any questions you may have about CenterPoint and/or CSA!