SurePayroll's Year-End RESOURCES

 

At SurePayroll, our goal is to keep you up top speed on all the information you need for year-end. Whether you are looking for updates on federal and state tax filing information, the latest on COVID-19 information, tips and tricks for year-end, you can find it all here.


Bookmark this page and check back often as we continue to update the page with new, vital resources to make your year-end a breeze.

 

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2021 Bank Holiday Calendar

We are happy to work with you to schedule your holiday payrolls. If you have any questions, please contact your Paychex service representative.

Holiday closings for the remainder of 2020:

  • Wednesday, November 11 Veterans’ Day: banks closed, SurePayroll support open
  • Thursday, November 26 Thanksgiving Day: banks closed
    • SurePayroll Customer Care will be closed on November 26, with limited hours of operation on November 27 from 7:00am-4:00pm CST.
    • We will resume normal operations on Saturday, November 28 from 9am – 1pm CST.
  • Friday, December 25, Christmas Day, Friday, January 1, 2021, New Year’s Day:
    • December 24 – Open from 7:00am CST to 4:00pm CST
    • December 25, 26 - Closed
    • December 31 – Open from 7:00am CST to 5:00pm CST
    • January 1, 2 - Closed

Some SUI tax agencies are already sending out 2020 SUI rates. In most cases, SurePayroll won't receive notification of these rate changes directly from the agency. Please make sure you send these notices to SurePayroll as soon as you receive them so we can make sure your 2020 SUI payments are calculated and remitted using the correct rate.

Note: Some SUI tax agencies send these notices out as late as March 2020.

Important Note: We’re awaiting further guidance from the IRS on the third quarter 941 changes. We’ll post an update as soon as we have the information.

During the COVID-19 pandemic, The Families First Coronavirus Response Act (FFCRA) and the Coronavirus Aid, Relief, and Economic Security (CARES) Act both provide refundable tax credits for qualifying wages for:

  • Employee Retention Tax Credit (CARES Act)
  • Refund of wages paid for qualified sick leave (FFCRA)
  • Refund of wages paid for qualified expanded family leave (FFCRA)

As a result, the second quarter 2020 Form 941 has been extensively revised. Two other factors that may affect this return are:

  • Filing Form(s) 7200
  • Employer Deferral of Social Security Tax

Coming soon...

As always, if you have questions about how SurePayroll is handling these regulations, reach out to your service specialist; if you have questions about how any of these items may impact your business, contact your tax professional or attorney.