03 Apr 2017

Breeze Through Wage Claims with CaseLink

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Working with wage claims is a breeze in CaseLink! Wage claims features in CaseLink guide you through each step, including setting up payroll taxes and auto-calculating claims. With these time-saving features, you’ll sail through your wage claims with ease!

 

Quick Tips Before Starting:

  • Get advice from a Tax Professional. When you’re setting up wage claims, we recommend you get the advice of a tax professional or bankruptcy accountant. This will help you resolve any tax rate errors from the outset and save you the trouble of correcting them later. If you don’t have a tax professional that you already use, you may want to reach out to Trustee Resource Group who specializes in working with Chapter 7 trustees across the country.
  • Review and update tax rates each time you run wage claims. While CaseLink generates some tax rates automatically, you should review and update all of the tax rates in your software with a tax professional each time you run wage claims to avoid any tax rate errors.
  • Print and void checks before paying claims on the EFTPS website. The IRS requires you to print and void wage claim checks, and use the same amounts of those checks to make your payments on the EFTPS site. You can pay wage claims either online through the EFTPS website or by calling (800) 555-3453. To pay wage claims online, you will need to enroll each case separately, then make payments accordingly.
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Learn more about Wage Claims features in CaseLink:

CaseLink²

In CaseLink², set up payroll taxes and auto-calculate wage claims from within your software with the Global Payroll Taxes screen, the Wage Claims Worksheet, and special Wage Claims Reports.

Global Payroll Taxes

In CaseLink², you can set up payroll tax rates that will apply to all claimants within your software, as well as edit tax rates on a case-by-case basis. To set up global payroll tax rates, navigate to Profile >> Customize >> Wage Claims.

There are three tabs on this screen for Federal, State, and Local taxes.  Each tab lists employee and employer tax rates which you can edit using the “pencil” icon next to each rate.

Wage Claims Worksheet

Once you have set your tax percentages and marked claimants in the Claims screen, you can auto-calculate your claims with the Wage Claims Worksheet.

To access the Wage Claims Worksheet, go to the Claims screen and click “Wage Claims Worksheet” from the Select Action dropdown on the top left of the screen. The resulting screen will display all of the wage claimants in your software.

To edit a claimant’s information, click the “plus” sign next to their name. Here you can update the claimant’s tax state, and edit or add individual tax rates that will only apply to that claimant. When you are done making changes, click the “Save Taxes” button.

When you are finished reviewing, select checkboxes next to each claimant (or select all by clicking the checkbox at the top of the column) and click the “Save Taxes” button at the top of the screen.

Wage Claim Reports

CaseLink² has several reports that allow you to review which claimants are in your software, and see a breakdown of the taxes they will receive. To navigate to these reports, click the “Reports” tab on the Sidekick, then click on any of the reports in the Wage Claims section.

  • Proposed Wage Claims Worksheet: The Proposed Wage Claims Worksheet shows a breakdown of the taxes that are withheld from each check.
  • Wage Claims Worksheet: The Wage Claims Worksheet shows a breakdown of each claimant, and whether they will receive employee or employer taxes.
  • Wage Claims Pay Vouchers: When you have entered wage claims checks into your ledger, you can run the Wage Claims Pay Vouchers. These are printable vouchers that you can include with the employee’s check to pay their claim.

CaseLink Office

In CaseLink Office, set up payroll taxes and auto-calculate wage claims all from within your software with the Wage Claim Taxes List, Wage Claims Worksheet, and special Wage Claims Reports.

Wage Claim Taxes List

In CaseLink Office, you can set up global tax rates that will apply to all claimants within your software. (You can also edit tax rates on a case-by-case basis.) To set up global tax rates, navigate to Table >> Setup Tables >> Wage Claims taxes.

There are three tabs on this screen for Federal, State, and Local taxes.  Each tab lists employee and employer tax rates for each level, which you can edit directly within each column. To save your tax rates, click “OK.”

Wage Claims Worksheet

Once you have set your tax percentages and marked all of your claimants in the Claims screen, you can auto-calculate your claims in the Wage Claims Worksheet.

To access the Wage Claims Worksheet, go to the Claims screen, then click “Wage Claims” from the list on the bottom left of the screen. The resulting screen will display all of the wage claimants you have specified in your software.

To edit details of a claimant, click the claimant’s name to open the editor at the bottom of the screen. You can edit the claimant’s tax state, as well as edit or add individual tax rates that will only apply to that claimant.

Once you are satisfied with your changes, click the “Create Tax Claims” button at the top of the screen. Then, click “Save and Close.”

Wage Claim Reports

CaseLink Office includes several reports that help you review which claimants are in your software and a breakdown of the taxes they will receive. To access these reports, navigate to ‘ Reports  >>  Claims. ‘

  • Proposed Wage Claims Worksheet: The Proposed Wage Claims Worksheet shows a breakdown of each claimant before you have created the tax claims in your software, and whether they will receive employee or employer taxes.
  • Wage Claims Worksheet: The Wage Claims Worksheet shows a breakdown of each claimant after you have created the tax claims in your software, and whether they will receive employee or employer taxes.
  • Wage Claims Pay Vouchers: When you have entered wage claims checks into your ledger, you can run the Wage Claims Pay Vouchers. These are printable vouchers that you can include with the employee’s check to pay their claim.
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