Overview: HR managers need to understand 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 some important issues currently impacting payroll:
Author: Rena Pirsos, JD, Legal Editor
On Saturday, the Senate passed its version of historic, sweeping tax reform legislation known as the Tax Cuts and Jobs Act (H.R. 1). The massive, 500-page bill will have a drastic effect on the employment tax treatment of many core employee benefits starting January 1, 2018.
In-depth review of the spectrum of Illinois employment law requirements HR must follow in respect to payment of wages.
As mandated by the New York City Department of Consumer Affairs, New York City fast food employers subject to the New York City Fast Food Deductions Law must post the New York City Fast Food Deductions Notice Poster.
Updated to reflect 2018 FICA tax rates and benefit amounts, including a reduction in the previously announced 2018 Social Security taxable wage base.
Updated to reflect a final rule on time frames for protesting an unemployment benefits claim, effective December 1, 2017.
Updated to include pay frequency requirements for fast food employees under the New York City Fair Work Practices ordinances, effective November 26, 2017, and the safe time amendments to the New York City Earned Sick Time Act.
Updated to include requirements for fast food employers under the New York City Fair Work Practices ordinances, effective November 26, 2017.
Updated to reflect notice requirements under the New York City Fair Work Practices ordinances, effective November 26, 2017, and forthcoming safe time amendments to the New York City Earned Sick Time Act.
HR and legal considerations for employers regarding payroll.