Webinar: How to Set-Up Pay Codes for COVID-19 in QuickBooks
QuickBooks ProAdvisor and Manager, Dayna Conradt, presented the following webinar on Thursday, April 30, 2020, providing information on how to properly set-up payroll items related to COVID-19 in QuickBooks.
This webinar will show you how to set up Self-Care, Other-Care and Extended Care pay items in QuickBooks. Tracking of these items is critical to employers for receiving tax credits from the government; by using these pay items, employers are exempt from paying social security and Medicare taxes as per the CARES Act. A credit is also available for gross wages paid to reduce the amount of federal tax due—learn how to correctly track these COVID-19 pay codes so you don’t miss out on these benefits.