If the current year tax rates and exemptions already exist and are correct (as displayed in the Entity Tax Rates report generated in the previous step), then skip this procedure and proceed to step 7, Modifying and Reviewing Tax Rates, Attorney's Fees, and Exemption Info.
Use this procedure to copy the previous year's tax rates and exemptions into the current year's record if tax rates do not exist for the upcoming tax year.
Copying Tax Rates
The Copy Entity Tax Rates dialog box is displayed.
Tax rates from the previous year are available for review or modification in the current year's record. If you need to modify tax rates, see step 7, Modifying Tax Rates, Attorney's Fees, and Exemption Info.