Overview: A growing employer trend over the past several years has been to integrate payroll within the HR department. So, now more than ever, HR managers need to understand all the complex issues and requirements involved in payroll tax law compliance in order to effectively oversee payroll processing and ultimately avoid costly penalties. This involves managing the following tasks, among many others:
Trends: The following are just a few of the important issues that will have an impact on payroll in 2014!
Author: Rena Pirsos, JD, Legal Editor
New pay-related recordkeeping and termination pay requirements will go into effect in Colorado on January 1, 2015, under the Wage Protection Act of 2014.
In-depth review of the spectrum of Colorado employment law requirements HR must follow with respect to payment of wages.
New pay-related recordkeeping and termination pay requirements will go into effect in Colorado on January 1, 2015, under the recently enacted Wage Protection Act of 2014.
Effective January 1, 2015, combined filing of Maine Withholding Tax and Unemployment contributions will be eliminated. The electronic filing threshold will also decrease for certain employers.
Illinois employers will have to comply with the requirements of a new law before offering wage payments by payroll debit card to employees, effective January 1, 2015.
The ruling in Cochran v. Schwan's Home Service, Inc. sheds light on important issues for employers with respect to BYOD (Bring Your Own Device), the practice of allowing employees to use their own personal devices such as cell phones and tablets for work-related purposes.
HR and legal considerations for employers regarding payroll.