6 11, 2020

Avoid Penalties & Fines When it Comes to Compliance

2021-08-03T13:56:56-05:00November 6th, 2020|ACA Tracking, Reporting Compliance, COVID-19 (Coronavirus), General Payroll and HR, Microsoft Dynamics GP, Payroll and HR Software|0 Comments

Payroll compliance is vital for HR teams and business owners. Fail to stay on top of it and you could see serious fines or penalties coming your way. Let’s dive into how to stay safe with the Affordable Care Act (ACA) Employer Mandate Compliance, tracking sick time, and COVID-19 Compliance in Dynamics GP. 3 [...]

11 09, 2020

Executive Order Payroll Tax Deferral- Here’s What We Know

2020-10-07T11:59:14-05:00September 11th, 2020|COVID-19 (Coronavirus), General Payroll and HR, Microsoft Dynamics GP|0 Comments

On August 8, 2020, President Donald Trump signed an executive memorandum directing the U.S. Department of the Treasury to put in place an IRS payroll tax deferral obligations (Social Security and Medicare) amid the ongoing COVID-19 pandemic for wages paid to individuals between September 1, 2020 and December 31, 2020. IRS Guidance on the [...]

7 07, 2020

IRS Finalizes Updates to Form 941 for COVID-19 Tax Credits

2020-07-07T11:58:07-05:00July 7th, 2020|COVID-19 (Coronavirus), General Payroll and HR, Microsoft Dynamics GP|0 Comments

The IRS has worked diligently to modify Form 941 to accommodate the changing laws around the COVID-19 pandemic. As of July 1, 2020, the IRS finalized the 941 Quarter 2 form. The form and instructions were posted just in time for employers’ federal tax returns for quarter 2 filings (which have a due date [...]

8 05, 2020

ACA & Coronavirus: What Employers Need to Know

2021-08-05T15:12:29-05:00May 8th, 2020|ACA Tracking, Reporting Compliance, COVID-19 (Coronavirus)|0 Comments

Updated September 15, 2020 Reduced hours, layoffs, and even termination is wreaking havoc on US workers due to the Coronavirus pandemic. Certain industries such as staffing, restaurants, and hospitality have been hit particularly hard. With all the challenges employers are facing due to the Coronavirus, ACA tracking is also adding to the confusion. New [...]