ERTC is a very important topic for small and medium sized businesses. There have been recent updates that you may not have learned about yet. Please take the time to review the video and our ERTC FAQs to find out if you are leaving money on the table that the government is rewarding you for keeping your employees during the pandemic.
As part of Payroll Vault’s commitment to providing businesses with knowledge on the latest legislation pertaining to their operations, here are the most frequently asked questions regarding the Employee Retention Tax Credit. If you have any questions, please reach out to us for more specific information.
Your Source for Local Payroll Services Designed for Small Business
As a business owner, you realize the importance of consistently improving, and that’s hard to do when you are processing payroll and dealing with new mandates and tax filings. At Payroll Vault, we handle all things payroll for you— your local boutique-style payroll company dedicated to servicing your small business.
Client-focused and technology driven, we provide user-friendly options that make Payroll Vault your local payroll partner and business resource ideal for small business professionals. Convenient. Simple. Designed for a great experience.
It’s Time to Re-Think Payroll.
COVID Credit Calculations
Employee Retention Tax Credit – Prior to the Cares Act Updates on 12/27/20, businesses could only claim the PPP or the Employee Retention Tax Credit. Now you can claim both for 2020, and it extends to Q1 & Q2 of 2021.
We are available and helping businesses that were directly and indirectly impacted by COVID calculate and process the Employee Retention Tax Credit. Let us do the work for you.
Check & W-2 Processing
Flexible Processing – we help you select the schedule that is ideal (weekly, bi-weekly, semi-monthly, monthly).
Taxes and deductions – we pay your taxes and process deductions.
Direct Deposit and Paycards
Direct Deposit – no paper, no hassle, no risk. Improve the flexibility of how much and where wages are deposited, adding another layer of convenience and security to your process.
Paycards – regardless of banking relationships, enjoy the ease of “direct deposit” benefits and eliminate check cashing fees for employees.
Online and Mobile Access
Reporting – manage information reporting that is required by Federal and state law and help streamlines a variety of operations.
- New hire reporting
- Garnishment payments
- General ledger reporting/interface
Convenience – 24/7, real-time access to securely send and receive payroll documents.
Security of data – process documents within our protected online portal to ensure the safety of all sensitive information.
Employee access – employees can easily access their payroll information from a secure online portal.
And much more!
We believe in adding value through professional payroll services with a personal touch. When you outsource to Payroll Vault, you are working with a trusted company that has roots in the community that stem from service and integrity and exhibits a genuine interest in your business success.
Contact us today to learn more about our boutique-style payroll services designed for your small business.