This forum post will be updated when there is legislation that impacts your Sage 100 product. Currently, the following apply if you use the payroll module:
Tax Forms
- Prepare to file revised Form 941, Employer's Quarterly Federal Tax Return
- Download Sage 100 Payroll 2.20.2 (Must be installed to access the 941 Q2 tax form)
- My Qualified wages for the Employee Retention Credit and Sick and Family Leave credit are missing on the 941 form
- Learn about processing the 941 and changes made for Q2 2020
Employee Social Security Tax Deferral
- How to setup Employee Social Security Tax Deferral in Sage 100
- Download Sage 100 Payroll 2.20.3 (Must be installed to have changes necessary for the 941 Q3 tax form)
- Sage is monitoring President Trump’s Executive Order deferring employee social security tax obligations in light of COVID-19 (effective September 1, 2020)
Families First Coronavirus Relief Act (H.R. 6201)
- Sage 100: Families First Coronavirus Response Act H.R. 6201 and Sage 100 Payroll Program Fix PR6024T
C.A.R.E.S. (Coronavirus Aid, Relief, and Economic Security) Act H.R. 748
- Reporting for the C.A.R.E.S. Act (H.R. 748) Paycheck Protection Program
- Reporting for the CARES Act (H.R. 748) - Employee Retention Credit
- Coronavirus Aid, Relief, and Economic Security (CARES) Act FAQ
Paycheck Protection Program (PPP)
Additional resources:
- Free Sage University Learning and Certification offer Extended through June 30
- COVID-19 Legislation Explained (RubinBrown)
- SOS Business Planning Guide (Collective)
- Business Survival Guide (SWK Technologies)
- Paycheck Protection Program Resources (AICPA)
- EIDL vs PPP Comparison Chart (EideBailly)
- PPP Small Business Application Check List (EideBailly)
- Overview of the CARES Act (U.S. Chamber of Commerce)
