Finding 608229 (2022-007)

Significant Deficiency
Requirement
AB
Questioned Costs
-
Year
2022
Accepted
2023-02-26
Audit: 26114
Organization: Taos County (NM)
Auditor: Cordova CPAS LLC

AI Summary

  • Core Issue: The County improperly paid premium payments to 250 employees via vendor checks instead of through payroll, violating IRS guidelines.
  • Impacted Requirements: This misstep led to incorrect tax withholdings and employee classification, breaching IRS Publication 15-A.
  • Recommended Follow-Up: Ensure all premium or hazard pay is processed through payroll to comply with tax regulations; the Interim Finance Director will oversee this change.

Finding Text

Federal program information: Funding agency: U.S. Department of the Treasury Title: Coronavirus State & Local Fiscal Recovery Fund Assistance Listing Number: 21.027 Compliance Requirement Allowable Costs/Activities Award Period: July 1, 2021 to June 30, 2022 Condition: During our testwork of the Coronavirus State & Local Fiscal Recovery Fund we noted that there were 250 employees that were paid a ?premium payment? by the County however these payments were paid with a vendor check as opposed to correctly processing the compensation through the payroll transaction cycle. Criteria: IRS Publication 15-A of the IRS states that government employers must withhold social security, Medicare taxes, state taxes and pay unemployment tax on wages paid to an employee Questioned Costs: None Cause: The County mistakenly paid out the premium payments for the pandemic relief to its employees by giving them a check instead of it being paid through payroll. Effect: The County is in violation of IRS Publication 15-A and did not include these premium payments as part of compensation which results in tax withholdings and employee classification to be incorrect. Auditor?s Recommendations: We recommend that the County always pay any premium or hazard pay through payroll and not ever pay the employees with a check so that the payroll taxes are correctly paid out. Agency Response: The County will always pay any premium or hazard pay through payroll and will not pay the employees with a check. It will be done through payroll to ensure that all payroll taxes are correctly paid out. Elsa Vigil, Interim Finance Director is responsible for this corrective action.

Categories

Allowable Costs / Cost Principles

Other Findings in this Audit

  • 31787 2022-007
    Significant Deficiency

Programs in Audit

ALN Program Name Expenditures
21.027 Coronavirus State and Local Fiscal Recovery Funds $929,480
20.224 Federal Lands Access Program $395,000
10.697 State & Private Forestry Hazardous Fuel Reduction Program $186,339
97.036 Disaster Grants - Public Assistance (presidentially Declared Disasters) $86,136
93.053 Nutrition Services Incentive Program $54,126
97.042 Emergency Management Performance Grants $33,096
10.665 Schools and Roads - Grants to States $28,405
94.016 Senior Companion Program $22,047
15.228 Blm Fuels Management and Community Fire Assistance Program Activities $14,977
94.011 Foster Grandparent Program $13,288
97.067 Homeland Security Grant Program $9,350
93.044 Special Programs for the Aging_title Iii, Part B_grants for Supportive Services and Senior Centers $8,219
93.045 Special Programs for the Aging_title Iii, Part C_nutrition Services $7,936
10.U00 New Mexico Fire Protection $6,025