With the flurry of W-2 changes Payroll encountered in 2020, year-end could be tough-going. And the last thing any CFO wants is a costly compliance misstep. But there’s help. This checklist of 2020 W-2 changes will help your team ensure compliance. A checklist of W-2 changes for Payroll 1. The IRS revised the W-2 instructions […]
Opinion letters from agencies like the Dept. of Labor (DOL) provide employers with helpful guidance for compliance. But beware, they aren’t the be-all and end-all for following wage and hour law. Relying too heavily on opinion letters can be a mistake that costs companies big bucks. One employer learned this lesson the hard way after a […]
If your company wants to set up a leave donation program to let employees donate sick, vacation or personal leave to victims of the coronavirus pandemic, go right ahead. You have the green light from IRS. IRS Notice 2020-46 gives you specifics on how employers can administer such leave donation programs. Here’s what you need […]
Employers, you must now submit your EEO-1 pay data reporting to the feds. The reporting window runs from April 26 to July 19, says the Equal Employment Opportunity Commission (EEOC). Reporting was postponed last year due to the coronavirus pandemic. The good news? That’s two weeks longer than you usually get. The bad news? Your […]
COVID-19 changed the way many workplaces – and many Payroll and Finance pros – operate. And while most offices are slowly starting to return to normal, some changes may impact the nature of work going forward. Which developments are likely here to stay? At the 2021 American Payroll Association (APA) Virtual Congress Xstream, a panel […]
Any company can be vulnerable to pay errors, no matter how careful your payroll staffers are. And if those errors make an employee’s pay late, you can bet that won’t go over well.
It’s sometimes necessary to change your pay cycle. In this situation, it’s key to proceed with caution. Along with any compliance and legal issues that may arise due to state prompt payment laws, you’ll have to address workers’ concerns about their checks. One company’s pay cycle change upset workers so much that it was challenged […]
Late last month the feds extended the deadline for remote I-9 checking until Aug. 31, 2021. That gives your company an additional three months to keep reviewing this critical employment documentation remotely. This is the ninth extension granted. You’ll remember that back in March 2020, ICE cleared remote I-9 checking because so many employers had […]
The Biden administration has just extended this student loan relief through at least Sept. 30, 2021. Make sure Payroll hasn’t been garnishing employee wages to repay federal student loans in the first month of the new year. There’s been another extension for student loan relief due to the COVID-19 pandemic. Any garnishment orders to pay […]
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