American Rescue Plan Act

On Thursday, March 11th, President Biden signed the American Rescue Plan Act into law. The newly enacted law includes credit updates to Employee Retention Credit, FFCRA and COBRA.

Employee Retention Credits

The CARES Act provides payroll tax credit equal to 50% of up to $10,000 of qualified wages per employee paid from March 13, 2020 through December 31, 2020. Employers are eligible for the credit for any quarter in which they have either had to fully or partially suspend operation of business because of governmental orders due to COVID-19.

COVID Relief and Government Funding Bill

On Sunday, December 27, President Trump signed the COVID Relief and Government Funding Bill. This bill impacts employers’ ability to utilize the Families First Coronavirus Relief Act (FFCRA), employee retention credits, and defer employee payroll taxes. PayNorthwest can help you address each of these areas according to your organization’s specific needs.

A Payroll Year-End Like No Other

Year-end always requires additional time and attention from payroll admins and payroll companies alike. And it’s no surprise that 2020 will be a year-end like no other, given all the payroll-related items that were introduced as a response to the COVID crisis.

Employee Social Security Tax Deferral

A lot of questions are coming in from employers and employees regarding the Presidential Memorandum calling for an employee social security payroll tax holiday starting September 1. Two big problems exist with this decree that keep it from being actionable at this time.

Kids at Home for the Fall – How Can Employees and Businesses Survive?

With the wave of announcements over the last few weeks that school will be largely conducted online due to ongoing concerns about the coronavirus, a collective cry of despair went out from many working parents. What seemed like a moderate burden that we could all be good sports about and get through in the spring now feels like an impossible burden for the fall and, god forbid, winter.