A process has been created for OpenRDA so that amounts withheld for FICA and Medicare from third-party sick payments can be recorded along with the associated taxable earnings. This process also allows the organization’s matching amounts for FICA and Medicare to be entered and expensed. A 3rd Party Sick Pay submenu is accessed from Maintenance in the Payroll module. Please review the Instructions tab on the Third Party Sick Pay screen for more information.
IRS PAYCHECK CHECKUP
This article was provided by the IRS e-news for Payroll Professionals Join IRS on Thunderclap to Promote a National “Paycheck Checkup” The IRS invites...
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