EBMS Support Center > Year End > Payroll Update

The 2020 Tax Update is Available for EBMS

You are now able to update your tax tables in preparation for processing payroll in 2020. 

The current update includes:

  • 2019 W-2 & 1099 tax forms
  • 2020 Federal Withholding Rates and support for 2020 W4
  • 2020 SS changes
  • Some state tax changes for the USA
  • T4 form and taxes for Canada.

Before installing this update confirm:

  • That no one is logged into EBMS. This update will fail if users are logged into EBMS.
  • Your EBMS version is EBMS 7.9, 8.2, or 8.3.

Step 1: Install the 2020 Tax Update for Payroll

This update can be installed anytime all users are logged out of EBMS.

If you have the EBMS Plus Managed Services: Step 1 will be completed for you by the end of the day Thursday, January 2. You can complete steps 2-4 after we have notified you.

If your company does not have EBMS Plus Managed Services: continue with step 1A.

A) Download the Tax Update
Click on the link below to download the Tax Update

Download Tax Update
The 2020 Tax Update is available.  This file requires everyone to be out of EBMS when running it.

The following builds (and later) support the new 2020 FWT calculations: 7.9.224.146, 8.2.230.053, 8.3.233.030. The update to this build does not require everyone to be out of EBMS if your current build is within the last ten builds.  e.g. 8.2.230.045 to 8.2.230.053

B) Run the File
You may receive a Windows protected your PC message. Please click on More Info below the message and select Run Anyway. After double-checking the information, choose Allow or Run or Open to continue the process. If you have an anti-virus program running, it may warn you that a malicious script has been detected. Choose to Allow/Authorize this Script.

When the update has run successfully you will receive the message that the “2020 tax files have been copied successfully for this company!

These steps need to be repeated once for each company that you have setup in EBMS (it does not need to be on each computer).

Step 2 : Close Payroll Year 2019

Close payroll year 2019 after the last pay period dated 2019 has ended. Post all transactions prior to closing the year.

Note: By completing Step 3: Run Tax/Deduction Rate Update Wizard you will overwrite 2019 tax rates. Be sure all 2019 payroll is completed before continuing to step 3.

View Step-by-Step Instructions

Step 3 : Run Tax/Deduction Rate Update Wizard

This step can only be done after step 1 and step 2 are completed. Open EBMS and go to Payroll > Utilities > Tax/Deduction Rate Update. This step will activate the new rates when calculating payroll taxes.

> View Step-by-Step Instructions

Step 4: Verify Tax Rates

Print the Tax Rates report in EBMS to review all tax rates with your accountant. 

*Note: We do not update or change state unemployment as part of the tax update, as they vary by employer. We do know, however, that the PA wage base has changed to $10,000, for the maximum gross pay.


Contact the support team or visit or Year End page for more information.

Happy new decade to you! 

The Eagle Support Team

support@eaglebusinesssoftware.com
717-442-3247x2