Fica Exempt Employees for HIRE Act

 4 Replies
 0 Subscribed to this topic
 68 Subscribed to this forum
Sort:
Author
Messages
HAYES
Basic Member
Posts: 9
Basic Member
    What is the best way to handle the setup for employees exempt from the employer portion of FICA as defined by the HIRE Act?
    Shane Jones
    Veteran Member
    Posts: 460
    Veteran Member
      We are not expecting that we will have that many eligible ... (in our environment) So we are just going to manually adjust the 941 each quarter. If you have a bunch you might need a better solution.

      Have you opened a ticket with Lawson yet?
      Shane Jones
      Tools: HR, Payroll, Benefits, PFI, Smart Office, BSI, Portal and Self-Service
      Systems: Lawson, Open Hire, Kronos, Crystal Reporting, SumTotal Learning
      ** Teach others to fish...
      HAYES
      Basic Member
      Posts: 9
      Basic Member
        Thanks for your reply. I opened a case with Lawson yesterday and they are working on a solution. They instructed to watch their website for updates.
        Margie Gyurisin
        Veteran Member
        Posts: 538
        Veteran Member
          Lawson has issued a statement of direction on mylawson.com for this topic. For now, we are going to add employees to the group as we receive their W-11s and place T's in their PR14 records. This of course is subject to change as we learn more about the government requirements.
          Carolyn Lee
          Veteran Member
          Posts: 53
          Veteran Member
            We will do the same with "T" on the PR14, add new employee group, and modify existing custom reports for tax deposits & 941 and new report for the business tax credit.

            Just asking, does anyone have 2 employer social security tax codes (or similar)? I'm wondering how Lawson/BSI will handle multiple codes of the same tax with 106800 limit, W2 & SSA file. Someone suggested a dummy tracking code, but I think it would be too cumbersome given this will last another 7 months. Just wondering.