TOTAL Online includes a feature allowing Money Tree to populate the tax information for all states and territories available in the program’s settings.  We have the most recent state tax information for 2014 ready to send to our participating TOTAL Online customers.

The state tax update will occur THIS Friday, May 30^th.
Make sure you have selected to opt in or out by following the directions below before 5/30.

How can I ensure I will receive the updated state tax information?
To receive the updated state tax information for all states, go to Settings, State Tax and make sure the box “Allow Money Tree to Update State Tax” is checked.

How do I choose NOT participate in the state tax update?
To keep your personally entered state tax rates and not have any data populated from Money Tree, simply go to Settings, State Tax.  Uncheck “Allow Money Tree to Update State Tax” as shown below.  This would be our recommended choice for any planners including local taxes in the state tax settings.  You may still choose to participate, as long as you are aware you need to modify the state tax information after the update.

 

To populate the state tax rates, we use the Tax Foundation’s “State Individual Income Tax Rates, 2000-2014”.  This resource was updated in April to provide the 2014 state tax information.   This is a great resource for planners looking to verify state tax updated who are participating in the general state update or for TOTAL Planning Suite desktop edition customers needing to update or enter state tax rates.

Log in and check your state tax setting:

Log In

 

Get Started Today Advisors planning withTOTAL Online share enthusiasm about modernized streamlined data entry, remarking that the cloud-based program is easier to use, while delivering the same flexibility and detail planners have come to expect from TOTAL Planning Suite. Find out for yourself if TOTAL Online is the right tool to improve your planning.  Try TOTAL Online for 30 days on us by simply signing up for the Free Trial. TRY Now