Clients and Friends,
The new legislation around COVID-19 brings many questions and strategic options to employers across America. At Paywerx, we are delighted to serve you with payroll processing activities to reflect the business decisions you make, but please understand that our Paywerx team members are not in the position to provide corporate tax nor legal advice. We encourage you to engage with your CRI Tax Advisors or legal counsel to determine the overall best approach for your business. Our CRI family of corporate tax professionals across the country is ready to advise you on your options and strategic decisions for your overall business.
Staying informed is critical for all of us right now. We have put together a COVID-19 Resources page. Our CRI accounting professionals and Paywerx employer services professionals are continuously monitoring these updates, both at the Federal and state levels, and we aim to communicate their impacts to our client base as the official guidance is determined.
Paywerx is committed to your payroll compliance needs. We are awaiting specific instructions from the Department of the Treasury and Department of Labor on how to handle the specific payroll reporting, filing and payment obligations of employers exercising the new legislation. There are also state specific implications that employers must navigate.
We’re in this together! CRI and Paywerx together are prepared to help all of our clients through this challenging time. If you do not have a tax or legal advisor, please let us know and we will connect you with a professional at CRI who will coordinate payroll implications directly with Paywerx. The strategies you choose today will greatly impact your business and employees in both the short and long term.
We invite you to explore our resources and follow the latest developments at Paywerx.com and CRIcpa.com. If you have any questions or concerns, please do not hesitate to reach out to your Payroll Consultant.
Stay safe, and thank you for the opportunity to serve your business,
Ladonna Lewis, SHRM-SCP
President & CEO