Set Up Your US Payroll Correctly For 2022

As you get your final payrolls and year-end sorted for 2021, here are a few other steps to consider to help you set up your payroll correctly for 2022.

1. Report qualified COVID-19 wages on W-2s.

If you're a Wagepoint client, please know:

  • We'll include COVID Sick and Family Leave wages in box 14 that were paid via Wagepoint.
  • COVID-19 Sick and Family Leave tax credits end effective November 30, 2021.
  • COVID-19 Employee Retention Tax credits will end December 31, 2021.
  • COVID-19 Deferred Tax Payments from 2020 will come due on December 31, 2021 and December 31, 2022.
  • Clients affected will receive advance notifications of these tax deposits in December 2021 to plan accordingly.

2. Update your taxes for 2022.

More specifically, you'll want to update your state unemployment rates for the first pay date of 2022. 

  • Contact your work-in-state agency(s) or log into your online accounts for the rates.  
  • The state agency links can be also be found in our payroll application
  • Rate(s) need to be updated on the tax tab.

The Social Security Administration (SSA) has also provided a detailed fact sheet on the updates in 2022 that you need to be aware of as an employer. 

3. Look into the following benefits.

  • 401(k) plansManaging your small business isn't easy, but with a 401(k) Retirement Planprotecting your money and taking care of your employees can be.
  • Pay-As-You Go Workers' Compensation — Worker’s Compensation is an insurance providing medical care and benefits to any employee that suffers any injuries or illness as a direct result of employment. In the United States, this insurance is mandatory for businesses. Good news! We offer E-COMP — a pay-as-you-go program that integrates both payroll and Workers’ Compensation.
    • Note: E-COMP provides no premiums upfront and Wagepoint will also draft your account after each payroll.

We're here to help.

The best way to reach us is by submitting a ticket from within Wagepoint. You can also reach us by email at

Want to learn more? 

Access other important year-end goodies in your Year-End Survival KIT:

About the Author

Mel Ly

Mel is a Brand, Content and Communications Lead at Wagepoint with a keen interest in Wellness, People & Culture and the Employee Experience. When she isn't writing, she spends her time dog mom-ing, sipping on lattes and researching into different personality frameworks.

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