Release Note - FICA Deferral

Staffing Complete & FICA

There are upcoming changes to FICA that go into effect on September 1^st. Eligible employees can have their FICA deferred. We know some of our clients want the deferral enabled on ALL personnel which we'll do on the back end. Following the mass change, future employees would need to manually toggle this feature as it is not enabled by default.

Mass FICA Deferral

To have support push a one time mass update, please reach out to support via phone/email for the request to be completed. Once completed you'll be notified of the update, and should you want new personnel have the change you'll need to manually make the change.

Manual FICA Deferral

To manually enable FICA deferral, you'd navigate to the Personnel module, pull up the profile for the person, click the Other Payroll tab and check the "Enable FICA Deferral" box as shown below.

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Software Accommodations

1. FICA Deferrals can be enabled on the personnel level.

   1. This will not be enabled by default. Please contact support if you wish to have this enabled for all personnel.

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2. If Enabled, the software will compute the FICA Deferral on personnel who meet eligibility requirements. Eligibility Requirements for FICA Deferral are as follows:

   1. Check Date between 9/1/2020 and 12/31/2020

   2. Earned less than $104,000 for the year

   3. Current Check Wages are less than the following:

3. The FICA Deferral will not show on any existing tax reports. It is not a realized tax, it is a deferred tax. Until the government makes it clear what employers are supposed to do with the deferred tax, the best we can do is track it.

4. You can view FICA Deferrals from the Personnel Module -> History Tab -> Payroll Tab

5. As the government provides more information, we will be working hard to make sure you have all the software tools you need to stay compliant.