• Sage HRMS and Sage Abra Suite: Deferring U.S. Payroll Tax Obligations

    Sage has completed our review of the August 8 Executive Order related to COVID-19, and the subsequent guidance from the Treasury, and have developed steps for you to use to defer payroll taxes in Sage HRMS or Sage Abra Suite. Before deciding to defer…
  • Sage is monitoring President Trump’s Executive Order regarding Deferring Payroll Tax obligation in light of COVID-19

    Saturday, August 8, 2020, President Trump signed an Executive Order which directs Treasury Secretary Mnuchin to defer withholding, deposit, and payment of the tax imposed by 26 USC 3101(a), and much of the tax imposed by 26 USC 3201 as is attributable…
  • Sage HRMS: 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 allocable qualified health plan expenses) that Eligible Employers pay their employees. This Employee Retention Credit applies to qualified…
  • Sage HRMS: Hotfix available to include the withholding of new Local Taxes (CVIDSS and CVIDMD) on Aatrix government forms

    The Families First Coronavirus Response Act (FFCRA/H.R. 6201) setup guidance involved creating two new Local tax codes (CVIDSS & CVIDMD) in Sage HRMS. In order to include the withholding of these two new Local taxes on government forms filed or printed…
  • Sage HRMS and Sage Abra Suite: Reporting for the CARES Act (H.R. 748) Paycheck Protection Program

    The Paycheck Protection Program from the CARES Act authorizes up to $349 billion in forgiveable loans to small businesses to pay their employees during the COVID-19 crisis. All loan terms will be the same for everyone. For additional information, including…
  • Sage HRMS: COVID-19 Legislation

    Sage HRMS: COVID-19 Legislation This forum post will be updated when there is legislation that impacts your Sage HRMS product. Currently, the following apply if you use the payroll module: Families First Coronavirus Relief Act (H.R. 6201) Sage…