When is a payroll correction needed?
- Employee moved or started working remotely
- Employee works in a new office
- Employee was promoted or demoted
- Employee was given a cost of living pay increase
- Employee is working more or fewer hours
- Switching an employee’s retirement plan from a 401(k) to a Simple IRA
What is a payroll adjustment?
An adjustment is a change to a payroll processed in the current quarter. The adjustment can apply to a single employee, multiple employees, or even multiple payrolls, as long as they all fall in the current quarter.
What is a payroll amendment?
An amendment is needed when adding or changing a payroll processed in a prior quarter. The amendment can apply to a single employee, multiple employees, or even multiple payrolls.
How do I start a payroll correction?
Reach out to us via Chat or Help - Contact Us.
It’s important to make corrections as soon as possible. Fees start at $200 to correct past payrolls; however, the IRS will charge a higher fee at the end of the year to make the corrections. These fees don’t include any additional taxes we may need to collect and pay on your behalf.
We’ll contact you within 10 business days, depending on call volume.