|As of the date of this publication (4/7/2020), the 1st quarter federal and state payroll reporting including unemployment has NOT been delayed. This includes payments. There are few states that have provided for a delay with the 1st quarter unemployment payments, but take note that some states will charge interest for the payment being delayed.
COVID-19 continues to affect our processes at Christianson, but we continue to adapt to make sure that you receive the quality service you are accustomed to. With our offices remaining closed to the public per the Governor’s Stay at Home orders, we will be mailing your 1st quarter payroll reports directly to you for signature and mailing to the IRS.
With the Families First Coronavirus Response Act and the CARES Act now effective, it is vital that you keep us informed of the programs that you are participating in and if any of your employees are receiving paid sick leave or family leave. All of the programs interconnect and I want to make sure that I am handling the wages and related payroll taxes correctly so you are receiving the most benefit. Below are some general questions to consider when sending in your hours and payroll information.
Depending on the answers to the above questions, you may be entitled to payroll tax credits or delayed payment of your share of Social Security tax as the employer. I acknowledge that there is a lot of information to process and that it is changing almost daily. Our team is here to help you sort through all of the information so you can make an informed decision on what is the most advantageous for you and your business.