SMART HR News You Can Use

Rally for Online W-2’s in your district Now is the time to notify your employees that W-2’s will be available online. Save your district time and money by having your employees print their own W-2. Employees will need to log into SMARTeR to consent. 

If you have January 1 renewals on your deductions, this is a good time to verify the calendar limits. For example: Health Insurance, HSA or FSA deductions. 

The Direct Deposit page in SMART eR allows employees to view their district deposit information online. When allowed by the district, the employee can change the amounts allocated to their bank account(s) online. An electronic signature is required. Changes made will not be active until it is signed by the employee and then moved into a payroll. The W-4 page in SMART eR allows employees to view their W-4 withholding amounts online. When allowed by the district, the employee can change their...

With the first pay check in September, it’s a great time to have your employees verify their pay stub information.  Are they seeing their new rate of pay, if it changed for FY22? Are their deductions correct? For example: Did TSA amounts change?  Are they seeing Health Insurance, if they enrolled? Are they seeing additional taxes withheld, if they put that on their W4?  

Don’t forget to refer to the checklist for items you will need to complete in July.  Districts that have July health insurance renewals should be building their July ACA info rows.  It is much easier to build them in July than it is to build them later in the year!

TRA rate change is effective 7/1/2021. The employer contribution will increase annually as shown below.  The employee share will increase in 2023.

CHECK DATE determines which TRA rate to use for the employer share.Checks dated- 7/1/2020-6/30/2021 – 8.13%Checks dated- 7/1/2021-6/30/2022 – 8.34% When you calculate your payoff payroll please review your proof to ensure the correct TRA rate is being used for the employer share.FOR CHECKS DATED JUNE the calculation should use 8.13% for employer share of TRA.FOR CHECKS DATED JULY OR AUGUST the calculation should use 8.34%.

The following are from the IRS Federal, State, and Local Government (FSLG) newsletter Taxable Fringe Benefit Essentials for Employers WebinarThe Tax Exempt and Government Entities Division would like to invite you to register to watch the free Taxable Fringe Benefit Essentials for Employers Webinar on April 14, 2021 at 1:00 p.m. (ET).This webinar is designed to explain what a fringe benefit is and how to value a fringe benefit. It will cover the most common fringe benefits and explain if those f...