The Consolidated Tax Report has been modified to display amounts withheld for FICA and Medicare by third-party sick pay providers. The report uses deduction description identifications that contain 3RD PARTY SICK and with deduction types of FICA and MEDICARE. These amounts must be reflected in FICA and Medicare liability amounts on the 941 but are then subtracted as adjustments for reconciliation to tax deposits. The report will also display matching FICA and Medicare amounts (summary amounts for the calendar year and selected quarter).
Employee Spotlight: Meet Teresa Conville – A Beacon of Support at RDA Systems
At RDA Systems, the heart of our success lies in the dedication and talent of our team members. This quarter, we’re thrilled to shine the...
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