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
Updated to reflect post tax reform cost-of-living adjustments to the HSA dollar limits for tax years 2018 and 2019, and the foreign housing-cost limitation and the base housing amount for tax year 2018.
Updated to include an amendment to the termination pay law, effective May 15, 2018.
Updated to include forthcoming New York City new hire requirements.
Updated to reflect a rate reduction in Idaho, effective retroactive to January 1, 2018.
Updated to reflect a change in the test used for employment classification under California Wage Orders, and a forthcoming penalty under the Property Service Workers Protection Act.
Updated to include amended termination pay requirements for commissioned sales agents, effective May 8, 2018.
Updated to include a Utah amendment regarding commissioned sales agents, effective May 8, 2018.
Updated to include IRS transition relief for HSA contributions, effective January 1, 2018.
HR and legal considerations for employers regarding payroll.