Sage 100

Since we'll need to fix payroll taxes for any payroll this year that was not at 6.2%, we can easily adjust the FICA for the additional 2% on a future payroll run. However, what about an employee who is no longer with the company but had a check in January? There's no way to adjust that, obviously. Any ideas on how to handle? Is the company just stuck paying the additional tax on behalf of the employee? Thanks....

Take the money money out of the FIT withheld...........

Usually the employer is stuck with it. However, some have been known to do as Jeff suggested.

Thanks guys....

Highly unlikely that the employee will have saved his pay stub after 12 months. Just be careful when you tinker with the employee tax record as the MAS 941 table may not reflect this change and chances are Aatrix doesn't either.

I'm with Jeff - back in my accounting days we'd plug everything through adjusting FWT so long as the quarterlies had not yet been filed. Not saying that's the 100% proper way but it's pretty common.