July 2023 Dynamics GP Tax Updates from Microsoft

Microsoft recently sent out information regarding a Dynamics GP tax update.

The round 6 2023 US payroll tax update was released with changes to the state of Illinois.

  • Illinois – Dependent Exemption decreased from $2,625.00 to $2,425.00. The tax rate remained the same

The release date is targeted for the week of 7/24/2023.

Please leverage the resources below to help solve your issues faster. Below are some resources that you may find helpful:

If you are a PTC Dynamics GP customer and need assistance with anything, please contact us to schedule a time with our consultants.

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