If you run a small business in the Ocean State, you’ve probably come across Rhode Island TX-17, also known as the Rhode Island Quarterly Tax and Wage Report. This one-page form looks intimidating, but it is actually quite simple. To complete it, you need to enter the total wages you’ve paid during the quarter. Using that, you’ll complete a few simple calculations to determine your Employment Security contribution rate. Then, simply follow the steps to figure out the exact amount of taxable wages per employee. Employers will also need to include employee information – Social Security Numbers, names, total wages for the quarter, and the number of weeks/hours paid – at the bottom of the form.
The key to success in the Rhode Island TX-17 is to have two crucial pieces of information: total wages paid and total wages per employee. Everything after that is calculated on the form. But what if you don’t have those numbers at the ready? Well, it could take a bit of time to figure out.
We’re here to ensure employers have access to accurate and applicable employee wage data, which is only generated through a powerful payroll tool. AMS Payroll, one of our most popular products, is the best way to get there. If you’ve struggled with the Rhode Island TX-17, this may be the solution you’ve been looking for.
All About AMS Payroll
When you think about it, all tax and wage reporting comes down to a single requirement: accurate payroll data. If you’ve been manually calculating paychecks, your information may be accurate, but it is not likely stored in a single place. This is where we can help.
Payroll Software will automatically calculate local, state, and federal payroll taxes, print or distribute accurate paychecks, and store all relevant information and data in a back-end storage system. When it comes time to fill out a quarterly or annual report, such as Rhode Island TX-17, all employers need to do is look up gross wages paid. The system also stores payments made to individual employees, providing the personal information necessary to complete the Rhode Island Quarterly Tax and Wage Report. With this tool, reporting and filing becomes a lot easier.
AMS Payroll, though, is more than a storage system. The tool processes both live and after-the-fact payroll, supports up to 9,999 employees per payer, and includes up to 40 user-defined fields, which can be set up for deductions and additions like 401K contributions and health insurance. Totally customizable, this system is perfect for your Rhode Island business’s needs.
Setting Up AMS
If you’re not yet sold on the idea of a semi-automated payroll system, we encourage you to take us for a spin. We have made the software available online in the form of a free, downloadable demo. This is a fantastic opportunity to see just how easy quarterly filing can be. When you’re ready to buy, you can make your purchase from anywhere and at any time. With us, Rhode Island TX-17 is fast and easy – just as it should be.