Financial Advisory Blog

Armanino’s Financial Advisory blog is your source for thought leadership around cloud ERP and accounting solutions and integrations. Supported by the Cloud Accounting Institute and numerous experts in cloud, finance, reporting, integration, compliance, and technology, Armanino’s Financial Advisory blog features must-read content on what’s happening in the finance industry, case studies, white papers, and much more.

July 23, 2020

Does the Salary Reduction Factor only include 2019 employees, or do we also have to include employees hired in 2020 in the calculation?

Posted by Armanino Financial Advisory Team

Include any employee hired in 2020 in Table 1 for the calculation, regardless of their compensation level.

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