SHIELD – Upcoming Security Update
The evening of Thursday, September 8th, Thomas & Company will use our normal maintenance window to perform a security update. This proactive update will deploy new measures to improve the security and resiliency of the underlying infrastructure of the SHIELD platform by implementing stronger protections against distributed denial of service attacks. There should be no service downtime since we are utilizing our normal maintenance window. We recommend that you verify with your IT department that the entire site domain, tnc.app, is whitelisted to prevent access issues if your organization has strict web filtering rules in place.
Please contact our portal team should you have any questions or concerns.
Employer Deferred Social Security Repayments (CARES Act of 2020)
The IRS will be sending out tax notices (notice-CP256-V) from October through November for each quarter that you deferred social security taxes. The second, and final, installment is due on January 3, 2023, which is for the remaining employer deferral amount. As a reminder, the tax deferral repayment penalty is calculated from January 1, 2023, not January 3, 2023.
NEW JERSEY– 2022/2023 Tax Rates Issued
The New Jersey Department of Labor and Workforce Development updated their website with the fiscal year 2023 rate information last week and will be mailing the official notices this week. Tax rates are expected to increase 10-20% for this fiscal year. Our team will be reviewing these notices for accuracy and will evaluate the rate for any voluntary contribution opportunities.
