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 significant changes regarding Form K-4, effective for tax years beginning on or after January 1, 2018.
Updated to reflect the inflation-adjusted amount of additional compensation required under the Seattle Hotel Employees Health and Safety Initiative, effective July 12, 2018, and final amendments to the Seattle Paid Sick and Safe Time Ordinance rules, effective July 1, 2018.
Updated to reflect a reduction in the Waterfront of New York Harbor Commission Assessment rate, effective July 1, 2018.
Updated to reflect the allowance of electronic pay statements in Rhode Island, effective June 28, 2018.
Massachusetts employers seeking to emphasize compliance with, and educate their workforces about this law, should consider including this model policy statement in their handbook.
Updated to reflect expanded pay statement requirements, effective July 1, 2018.
Updated to include the requirement to withhold the Oregon Public Transportation Payroll tax, effective July 1, 2018.
HR and legal considerations for employers regarding payroll.