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  • Sage 300 U.S. Payroll: Sage is reviewing the President’s Executive Order deferring payroll tax obligations and the new draft Form 941

    On Saturday, August 8, 2020, the President signed an Executive Order which directs the Treasury Department to defer the withholding, deposit, and payment of the tax imposed by 26 U.S.C. §3101(a), and much of the tax imposed by 26 U.S.C. §3201. Guidance…
  • Sage 300 U.S. Payroll: Preparing to file your Q2 2020 Form 941

    COVID-19 related relief impacts Form 941 tax filing effective June 30, 2020. The final version of the updated 941 and the instructions are available on the IRS site. Sage is finishing our preparation to support Form 941 in anticipation of updated IRS…
  • Sage 300 US Payroll: Reporting for the CARES Act (H.R. 748) Employee Retention Credit

    The Employee Retention Credit is a fully refundable tax credit for employers equal to 50% of qualified wages (including certain qualified health plan expenses) that Eligible Employers pay their employees. This Employee Retention Credit applies to qualified…
  • Sage 300 Payroll: H.R. 6201 Families First Coronavirus Response Act & Canada Temporary Wage Subsidy for Employers

    H.R. 6201 Families First Coronavirus Response Act & Sage 300 U.S. Payroll The Families First Coronavirus Response Act, which includes the Emergency Paid Sick Leave Act and the Emergency Family and Medical Leave Expansion Act, takes effect in the U.S…