In Septemer, the President established an executive order that allows employees to defer a portion of the Social Security Tax payments through the end of 2020.  


This change required an adjustment to the Form 941 which is implemented in version 4.1.x of our software to allow for the reporting of this deferral.  Quarters 3 and 4 of 2020 should be filed with version 4.1.x or later of our software to allow for the correct reporting of this information.


In December of 2020, the US Congress has passed a COVID relief bill that will allow for many of the same benefits that were provided for Q2-Q4 of 2020.  We are not sure how the software will be affected by this law yet, but likely it will allow the tax credits established in 2020 to be used in early 2021 as well.  Version 4.3 of our software to be released in March will address these changes.