Friday, November 18th, 2022
Highlights
isolved version 8.22 includes information regarding Payroll and Time.
Payroll
- 2022 FUTA Credit Reduction rates for California, Connecticut, Illinois, New York, and the Virgin Islands
Time
- Group Punching no longer honors IP restrictions
Payroll
2022 FUTA Credit Reduction states and rates
California, Connecticut, Illinois, New York, and the Virgin Islands have 2022 FUTA Credit Reductions
The Department of Labor released the 2022 FUTA Credit Reduction states and rates on November 10, 2022:
- California – 0.3%
- Connecticut – 0.3%
- Illinois – 0.3%
- New York – 0.3%
- Virgin Islands – 3.6%
isolved will automatically calculate the additional state unemployment tax that needs to be collected due to the FUTA Credit Reduction and the additional impound will take place on the first payroll processed on or after December 2, 2022.
Time
IP Restrictions for Punching
Group Punching no longer honors IP restrictions
This enhancement affects those clients who have enabled IP restrictions so employees can only punch in ESS Classic View or in the Adaptive Employee Experience if they are connected to your corporate network. Previously, those IP restrictions were applied to both Group and individual Punches. Going forward, you can Group Punch without being connected to your corporate network. This change will not impact Individual Punch IP restrictions.
For more information about the changes in the version 8.22 release, contact your Payroll Specialist.
Download the release notes
Download the release notes: isolved Product Release v8.22