PeopleSoft Payroll for North America Newsletter – August/September

Luke Hodges

3 years ago

PeopleSoft Payroll for North America Newsletter – August/September 2023

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HCM 9.2 Image 47, containing Tax Update 23-C, was posted on September 15, 2023.
Tax Update 23-C for Releases 9.1 and 9.0 was posted on September 15, 2023.

Review highlights of HCM 9.2 Image 47 on YouTube: https://youtu.be/q_UivnDb4R0.

Payroll for North America and HCM Shared Component Image 47 New Features:

(Canada) Employee Self-Service for Canadian Provincial TD1
(U.S.) Employee Self-Service for Form 1042-S
(U.S.) Employee Self-Service for Form 1099-R
Canada and U.S. Payroll WorkCenter Approval Workflow Link
(Enterprise Component) Notification Composer

Reminder: Release 9.2 Payroll for North America Tax Update Tax Table Changes are delivered in a PeopleSoft Release Patchset (PRP) separately from the PeopleSoft Update Image (PI).

PRP 35761607 was posted for Release 9.2 to My Oracle Support on September 15, 2023, containing the following:
- (U.S.) 35761607 – CONSOLIDATED U.S. TAX TABLE CHANGES – TAX UPDATE 23-C

For Release 9.2 notes, review Payroll for North America Tax Update Documentation on My Oracle Support Doc ID 2820620.2.

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Available Postings after Tax Update 23-C:

(U.S.) 35330366 – WA PAID FAMILY & MEDICAL LEAVE AND WA CARES FUND QUARTERLY REPORTING EFF Q3 was posted on September 20, 2023, to My Oracle Support for Release 9.2. The update will also be included in Tax Update 23-D and HCM 9.2 Image 48.

(U.S.) PRP 35737708 was posted to My Oracle Support on September 20, 2023. The patchset contains the following patches, which will also be included in HCM 9.2 Image 48.

(U.S.) 35737708 – W4 PDF: UPDATE INDIANA FORM WH-4 TO R9/6-23

(U.S.) 35737739 – UPDATE STATE TAX DATA FIELD LABELS FOR INDIANA FORM WH-4 (R9/6-23)

(U.S.) 35738172 – W4 PDF: UPDATE RHODE ISLAND FORM RI W-4 TO 2023

(U.S.) 35738681 – W4 PDF: UPDATE NORTH CAROLINA FORM NC-4

(U.S.) 35738877 – W4 PDF: UPDATE WEST VIRGINIA FORM WV/IT-104 TO REV. 03/23

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Looking Ahead:

Release 9.2: Tax Update 23-D/HCM 9.2 HCM Legislative Patchset (PRP) is targeted to be posted on
Friday, November 24, 2023.

Releases 9.1 and 9.0: Tax Update 23-D is targeted to be posted on Friday, November 24, 2023.

Reminder: Starting in 2023, PeopleSoft Payroll for North America will only deliver four Tax Updates a year. Tax Update 23-D will be the last one delivered for 2023. As always, we will continue posting for late-breaking legislative changes.

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Targeted Postings before PI48/Tax Update 23-D:

(U.S.) 35330366 – WA PAID FAMILY & MEDICAL LEAVE AND WA CARES FUND QUARTERLY REPORTING EFF Q3 will be targeted to post by September 22, 2023, to My Oracle Support for Release 9.1 and also be included in Tax Update 23-D.

(U.S.) 35618563 – UPDATE NORTH CAROLINA QUARTERLY UI WAGE REPORTING FOR NCSUITS PROGRAM will be targeted to post by September 29, 2023, to My Oracle Support for Releases 9.2 and 9.1, and also be included in HCM 9.2 Image 48 and Tax Update 23-D.

(U.S.) 35737739 – UPDATE STATE TAX DATA FIELD LABELS FOR INDIANA FORM WH-4 (R9/6-23) will be targeted to post by September 25, 2023, to My Oracle Support for Releases 9.2, 9.1, and 9.0. They will also be included in HCM 9.2 Image 48 and Tax Update 23-D.

(U.S.) 35720266 – EVENT DEFINITION IS REQUIRED TO DECIDE IF LOCKDOWN FRAMEWORK PROCESS IS ENABLED will be targeted to post by October 13, 2023, to My Oracle Support for Release 9.2 and also be included in HCM 9.2 Image 48 and Tax Update 23-D.

(U.S.) 35728527 – INCREASE PAYROLL ARRAY SIZES USED WITH HCM LOCKDOWN FRAMEWORK will be targeted to post by October 13, 2023, to My Oracle Support for Release 9.2 and will also be included in HCM 9.2 Image 48 and Tax Update 23-D.

(U.S.) 35828989 – INDIANA COUNTY TAX RATE CHANGES EFF 01 OCTOBER 2023 will be targeted to post by September 25, 2023, to My Oracle Support for Releases 9.2, 9.1, and 9.0. They will also be included in HCM 9.2 Image 48 and Tax Update 23-D.

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Legislative Monitoring

Canada

Canada & Quebec Pension Plan Enhancement – Phase 2 – Effective January 1, 2024
Dental Care Measures Act – Effective for 2023 information returns
The ePayroll project – Monitoring

United States

Maryland Family and Medical Leave Insurance Program – Payroll deductions effective October 1, 2024
Delaware Family and Medical Leave Insurance Program – Payroll deductions effective
January 1, 2025
Maine Family and Medical Leave Insurance Program – Payroll deductions effective January 1, 2025
SECURE Act 2.0 – PeopleSoft Blog – Deliverables will be delivered by the PeopleSoft Benefits product.
Minnesota Paid Family & Medical Leave Program – Payroll deductions effective January 1, 2026
Washington Paid Family & Medical Leave and Cares Fund Quarterly Reporting Updates – October 2023 (Quarter 3 2023)
North Carolina State Unemployment Insurance Tax System (NCSUITS) Wage Reporting Updates – October 2023 (Quarter 3 2023)
Alabama Exempt Overtime from State Income Tax – Effective January 1, 2024 to June 30, 2025
Vermont New Child Care Contribution Tax – Payroll deductions effective July 1, 2024

Alabama Exempt Overtime from State Income Tax

Alabama has published its Overtime Exemption Reporting Guidance and FAQ. PeopleSoft will not deliver any updates to exempt overtime from Alabama state income tax, effective from January 1, 2024, to June 30, 2025. Existing functionality in the PeopleSoft system can handle exempting overtime from Alabama state income tax by using the Taxable Gross Definition Table. We will update PeopleSoft Payroll for North America Hot Topics (Doc ID 1348833.1) with a document on steps on how to configure the changes.

Maryland Family and Medical Leave Insurance Program – Modification

Maryland has postponed the start of the Family and Medical Leave Insurance Program to October 1, 2024, a year later. Maryland Senate Bill SB0828, signed into law by the governor on May 3, 2023, modifies the Family and Medical Leave Insurance Program by clarifying and altering certain provisions relating to the program’s administration.

SECURE 2.0 Act – New Updates

The IRS announces administrative transition period for new Roth catch up requirement; catch-up contributions still permitted after 2023. As a reminder, this two year administrative transition (delay) period is ONLY for Section 603 and does not address the other 91 provisions of SECURE 2.0.

PeopleSoft SECURE 2.0 Act Blogs:

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Anne’s Thoughts

Quest PeopleSoft RECONNECT Deep Dive Virtual Conference
October 23 – October 26, 2023

If your organization only allows you to attend one conference a year for Oracle PeopleSoft, I highly recommend you consider attending the Quest PeopleSoft RECONNECT Deep Dive Virtual Conference. The conference covers a wide range of areas of PeopleSoft HCM, FSCM, PeopleTools, and more.

From an access perspective, this conference is online and purchasing the Corporate Pass allows your entire organization to attend with no limit.

Recommended sessions for Payroll for North America product users:

Program Funding Configuration Deep Dive (Payroll for NA) – Tuesday, October 24th
New Tools for Managing Year-End for U.S. and Canada (Payroll for NA) – Tuesday, October 24^th
HCM Lockdown Framework (HCM Shared Component) – Wednesday, October 25^th
Manage Notifications in PeopleSoft (Enterprise Components) – Wednesday, October 25^th

PeopleSoft HCM Panel Q&A session with all the HCM Strategists will happen on Thursday, October 26th.

I hope to see you online attending the conference!

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The Quest Oracle Community PeopleSoft Payroll for North America Special Interest Group meets on the second Tuesday of each month. Please join us; this is an informative meeting with lively conversation. We always welcome your participation and contribution.

Thanks to Nicole Apostola for leading these. For info, click here.

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Upcoming Conferences/Webinars

Payroll for North America Tax Update 23-D Advisor Webcast – Thursday, December 7, 2023 (Tax Update 23-C recording available on MOS Doc ID 2947206.2)
Quest PeopleSoft RECONNECT Deep Dive- VIRTUAL – October 24-26, 2023
PeopleSoft and Cloud HCM Webinar Series – Ongoing

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Helpful Links

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Your feedback on our newsletter is always appreciated. If you have suggestions for improving this newsletter, please let us know.

Please feel free to forward the newsletter to your colleagues using PeopleSoft Payroll for North America. If you received this newsletter from a friend or colleague and would like to receive it, send me an email at anne.leung@oracle.com with NEWSLETTER in the subject, and you will be added to our distribution list.

Would you like to have a voice in our roadmap and help guide our future? If interested, please send an email to anne.leung@oracle.com with PNA Focus Group in the subject. Are you interested in other PeopleSoft Focus Groups? See the entire list here.