FLS and Barnett Associates Announce New Product Interface

Industry Leaders Collaborate to Make Unemployment Compliance Data More Accessible

DALLAS, TEXAS - 4/29/04 - Federal Liaison Services, Inc., a premier provider of employer compliance software and services, and Barnett Associates, a leading provider of unemployment tax consulting services, today announced the delivery of a new interface to facilitate the export of data from FLS software into Barnett reporting formats.

Beginning with its 2004.1 release of FLS eDP.PAYROLLtax™, FLS has included two new exports for Barnett's clients. These exports comply with Barnett file layout specifications and allow users to export quarterly state unemployment insurance (SUI) information and Federal 940 tentative credit information.

The two new data exports are:

• Quarterly Unemployment Insurance Export: Contains itemized information from the quarterly unemployment insurance contribution reports (returns) and includes data for all of the appropriate tax types. Tax types included in the export are:
• Unemployment Insurance
• Unemployment Insurance Special Assessment
• Training Tax (Special Assessment)
• Surtax (Special Assessment)
• Workforce Development Tax (Special Assessment)
• Rhode Island Re-employment Security Fund (Special Assessment)
• Health Insurance (except Massachusetts HI)
• State Disability Insurance (except California PDI)

Information in the export includes:

• Gross, taxable, and excess wages
• Tax rates
• Due amounts
• Paid amounts
• Employee counts
• Annual 940 Tax Credits Export: Contains the data that appears in Part II of Federal Form 940 for computation of the tentative credit. Information in the export includes:
• State abbreviation
• State EIN
• Taxable payroll
• State experience rate period
• State experience rate
• Contributions if rate had been 5.4%
• Contributions payable at experience rate
• Additional credit
• Contributions paid to state by 940 due date

Paul Barnett, President of Barnett Associates, stated, "We're happy to work with FLS to provide more flexibility for the employer. Our mission is to help our clients meet their unemployment tax obligations while identifying saving opportunities; this new export streamlines employers' workflow and increases their productivity."

"FLS and Barnett share a common goal of reducing the compliance workload of employers," said Fran Bartlett, President and CEO of FLS. "Thanks to the new interface, employers can more easily analyze and manage their unemployment data, reducing their risk and - most importantly - saving time and money."

About Barnett Associates

Barnett Associates is the national leader in unemployment tax cost management. The company consists of tax experts and claims specialists providing clients with comprehensive and customized strategies, identifying legitimate savings in unemployment taxes paid to states across the country. Clients include more than 25 percent of the Fortune 100. Contact Barnett at 516.877.2860 or www.barnettassociates.com.

About Federal Liaison Services, Inc. (FLS)

FLS is the leading provider of software and services to employers for government reporting and compliance. FLS solutions automate payroll tax payments and filings, wage garnishments, and year-end W-2 and 1099 processing. Clients include more than 20 percent of the Fortune 500, as well as major federal government agencies. Visit FLS online at www.flsinc.com or call 972.239.8881.

EDITOR'S NOTE: FLS, the FLS logo, and FLS eDP.PAYROLLtax are trademarks of Federal Liaison Services, Inc. The Barnett logo is a trademark of Barnett Associates. All other company names and products are the trademarks or registered trademarks of their respective owners.