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

We pay our union employees vacation/holiday time weekly at $5 an hour, which is taxed and then deducted back out of the employee’s check. It is included in their gross taxable wage and our 941 reports. We are planning on including this $5 an hour in the payroll model rather than with our health insurance and pension payment or some other part of the application. Can you confirm this is the correct treatment?

Posted by Armanino Financial Advisory Team

Yes, this approach is correct.

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