Payroll Changes For Second Quarter 2023 

Payroll Changes For Second Quarter 2023

Jul 19, 2023

Nevada Becomes First State to Enact Earned Wage Access Law

What Is Earned Wage Access (EWA)?

Earned wage access is the ability for employees to access wages they have earned outside the regular pay cycle. It's also sometimes referred to as early, instant, or on-demand pay. Employees can access their earned wages before their employer-designated payday. It is typically provided to employers by an outside service or as part of their payroll service.


Nevada's New Legislation

The law requires providers of EWA products to obtain a license from the Nevada Commissioner of Financial Institutions. The law specifies that EWA products are not loans or money transmissions under Nevada law and are not subject to Nevada's existing laws governing those products.


Effective Dates

Most provisions of the law will take effect on July 1, 2024. The law became effective June 13, 2023, to adopt regulations and perform other administrative tasks necessary to implement the legislation.

A person engaged in providing EWA services as of January 1, 2023, can continue to do so without obtaining a license until December 31, 2024, if the person submits an application for a license before January 1, 2024.


More States May Follow

Several other states are considering EWA bills, including California, Georgia, Kansas, Mississippi, Missouri, New York, North Carolina, Texas, Vermont, and Virginia.


Story sourced from Consumer Financial Services Law Monitor.



Arkansas Issue Revised Withholding Tables

The Arkansas Department of Finance and Administration (Department) has issued revised income tax withholding instructions reflecting the reduction in the top marginal tax rate enacted under SB 549 earlier this year.

The supplemental withholding rate, the highest marginal tax rate, changed from 4.9% to 4.7%.


The following updated withholding formula and tax tables are effective June 1, 2023:


As previously reported (Tax Alert 2023-0779), on April 10, 2023, Arkansas Governor Sarah Huckabee Sanders signed into law SB 549, which, retroactive to January 1, 2023, lowers the top marginal personal income tax rate from 4.9% to 4.7%.


This is Arkansas's second consecutive year retroactively lowered the top marginal income tax rate.


The Law Lowers Form W-2 Electronic Filing Threshold

On April 11, 2023, Governor Sanders signed into law SB 434, which, effective January 1, 2024, lowers the threshold for the requirement to file Arkansas Forms W-2 electronically from 250 employees to 125. The Department will waive the requirement to file electronically if the employer can show undue hardship.


Story sourced from Earnst & Young Tax news.


North Dakota Issue Revised Withholding Tables


North Dakota updated its 2023 withholding methods following an income tax cut passed by the state's legislature but is not requiring employers to implement the midyear change, the state tax commissioner's office said June 13.


Effective for wages paid on or after January 1, 2023, the North Dakota State Tax Commission has issued revised wage bracket and percentage method withholding tables. The revisions are due to legislation that reduced the number of personal income tax brackets and lowered personal income tax rates. The tables should be used going forward. The supplemental wage tax rate remains 1.84% [North Dakota Income Tax Withholding Rates and Instructions, rev. May 2023].


Story sourced from Bloomberg Tax and PayrollOrg


Florida Requires Certain Private Employers to Use E-Verify Beginning July 1


A new law in Florida is set to impact private employers significantly, making it mandatory for those with at least 25 employees to utilize E-Verify as part of their onboarding process by July 1, 2023. As a result, impacted employers have mere weeks to establish policies and procedures to comply.


Effective July 1, 2023, private employers in Florida with 25 or more employees must use the E-Verify system to verify a new employee's employment eligibility within three business days after the first day that the new employee begins working for pay.


Currently, all private employers in Florida must use E-Verify or Form I-9 to verify employment eligibility for new hires, and all public employers in Florida are required to use E-Verify.


Report on Unemployment Insurance Returns

Employers required to use E-Verify must certify on their first unemployment insurance (UI) tax return of each calendar year that it complies with state law when making UI contributions or reimbursing the state's UI system.



Effective July 1, 2024, if the Florida Department of Economic Opportunity (DEO) determines that an employer failed to use the E-Verify system as required, the DEO must notify the employer and give the employer 30 days to comply. If the DEO determines that an employer failed to use the E-Verify system three times in a 24-month period, the DEO must impose a fine of $1,000 per day until the employer provides proof of compliance. 


Story sourced from PayrollOrg and Forbes


Idaho Revises Withholding Tables, No Retroactive Withholding


Effective for wages paid on or after January 1, 2023, the Idaho State Tax Commission (STC) has issued revised wage bracket and percentage method withholding tables. The revised tables are due to legislation that lowered personal income tax rates and decreased the number of tax brackets from four to two [STC, Press Releases, 5-17-23 and 5-18-23].


Employers should use the revised withholding tables going forward but do not need to adjust withholding going back to the beginning of the year. An error was found and corrected in the wage bracket withholding tables (for monthly – married persons), so employers should use the version revised as of May 18, 2023.


Effective January 1, 2023, the supplemental wage tax rate has also been reduced to 5.8% from 6%.


Story sourced from PayroOrg


Revised Utah Withholding Tables

Effective for wages paid on or after June 1, 2023, the Utah State Tax Commission (STC) has issued a revised withholding guide, including revised percentage method and wage bracket withholding tables [STC, Publication 14, rev. 4-23].

The revision is due to legislation that lowered the personal income tax rate to 4.65% from 4.85%, effective January 1, 2023. The personal income tax rate was lowered to 4.85% from 4.95%, effective January 1, 2022. This corrects information that was previously reported in an earlier news release.

The STC does not have specific rules or provisions for the taxation of supplemental wages at the state level.

Story sourced from PayroOrg


Category List

Tag List

Cloud (1)
IRS 1099 NEC Form (2)
Reports (1)
eFiling Thresholds (3)
Per Diem (1)
Taxes (2)
irstaxtip (1)
IRS Form W-3C (1)
Top 10 (3)
Electronic W-2 (1)
Web Forms (1)
Payroll Tax Forms (5)
Accounting Solutions Provider (2)
interest rates (1)
W-2 (15)
Employee Travel (1)
Affordable Care Act (3)
1099 (12)
Paypal (1)
OEM Payroll (2)
Labor Shortage (1)
Corrections (2)
940 (1)
Payroll Tax (7)
Payroll Solution (6)
Mac (1)
Gig Economy (1)
IRS Form 941 & 940 changes (3)
Small Business (2)
employees (3)
Sponsorship (1)
Payroll Tax Relief (1)
Tax Payments (1)
independent contractors (1)
Innovation (2)
Improvements (1)
Family Medical Leave Act (2)
B-Notice (2)
Payroll Reports (18)
Initiatives (1)
eFile (6)
State Payroll Reports (3)
CIO (3)
Safe eFiling (1)
SMBs (1)
employee retention (4)
Payroll Tax Notice (2)
Technology (3)
Sage Solutions Provider (1)
Inflation (1)
IRS Form W-2 (6)
Federal Payroll Reports (2)
Forms (1)
Payments (1)
Helpful Hints (1)
Families First Coronavirus Response Act (1)
vaccine (2)
ACA Reporting (5)
Tax Free (1)
Company Of The Year (1)
Top 100 (2)
minimum wage (3)
Future (1)
w-4 (2)
TIN Matching (7)
Payroll Software (7)
ACA e-filing (3)
Sage 300 CRE (1)
Windows (3)
HR (1)
Sage Solutions (1)
e-Filing (1)
Secure eFiling (2)
PTO Payout (1)
Tax Identification Number Verification (2)
ACA (8)
IRS Tax Forms (2)
Year-End Deadlines (2)
exempt employee (2)
Paid Leave (1)
Paycard (1)
Millennials (2)
Travel Expenses (1)
1095-C (4)
Enterprise (2)
Virtual Currency (1)
Compliance (5)
Dependent Care (1)
1095-B (4)
Sage Summit 2014 (1)
Staff (1)
ACA eFiling (4)
Aatrix eFile (10)
IRS 941 Form (2)
Payroll Compliance (6)
Employee Benefits (1)
Accountant Shortage (1)
Aatrix Software (10)
IRS Forms (1)
IRS Regulations (1)
Social Security Tax Deferral (1)
Tax Identification Number (2)
Accounting Solutions (2)
1099 NEC (7)
SSA Notice (2)
Social Security Wage Base (2)
Standard Mileage Rate (1)
payroll reporting changes (2)
1099 TIN Matching (6)
The Families First Coronavirus Response Act (1)
Federal Taxes (1)
Review (2)
Deposit Schedule (1)
CIO Review (3)
SSA (2)
HSA (1)
1099-G (5)
New Logo (1)
Fraud (2)
Penalties & Fines (1)
1094-C (2)
SOC3 (2)
Payroll Tax Rates (1)
2020 IRS Form W-2 (2)
cyber attacks (1)
Business Travel (1)
CV Magazine (1)
Paycheck (2)
Infrastructure (1)
Paycheck Protection Program (1)
CP2100 (6)
Top Software (1)
I-9 (3)
Federal (1)
IRS (5)
Social Security Number Verification (3)
Payroll Taxes (5)
IRS Notice 931 (1)
Assessment (4)
Human Resource (1)
Sage Summit (2)
TUG (1)
work from home (1)
Travel During Covid (1)
SUTA (1)
IRS Notice (5)
Certified Payroll Reports (1)
Student Loan Relief (1)
CA Pay Data Report (1)
Withholding (5)
Employee Tax Credits (1)
1099-INT (2)
1099-K (4)
IRS Form 941 (3)
Filing (1)
State FMLA (2)
Aatrix Software, Inc. (5)
IRS Form 1099 (3)
SUI (1)
Aatrix (7)
Reporting (1)
EEO-1 (3)
Social Security Withholding (3)
Payroll Reporting (14)
Child Tax Credit (2)
Employee Documentation (2)
Ultimate Payroll (1)
1099 G (1)
workplace dynamics (2)
Retirement Contribution Limits (1)
Tax Return (2)
1099-MISC (3)
remote office (2)
Payroll (24)
1099-PATR (2)
covid (2)
Coronavirus Aid (2)
Security (6)
eFiling (3)
IRS Form 7200 (1)
Medicare Tax (1)
overtime (1)
CV Technology Innovator Awards (1)
Awards (1)
State (1)
Top 50 (1)
Solutions (2)
Venmo (1)
American Rescue Plan (1)
HFSA (1)
Rebranding (1)
New Hire Reporting (3)
FMLA (3)
IRS 7200 Tax Form (1)
ACA Compliance (3)
Medical Leave (1)
Form 941 (3)
1095 (6)
Payroll Tax Reporting (12)
Recruiting & Retention (4)
Employee Retention Credit (2)
Biometrics (1)
Workplace Efficiencies (1)
SOC2 (4)
IRS Form 1099 NEC (3)
Growth (1)
unemployment (6)
Cryptocurrency (2)
1094-B (2)
IRS 7200 Form (1)
ACA 1095 C&B requirements (3)
FUTA (1)
TIN Matching Services (7)
Sage Summit 2015 (1)
Sage (1)
IRS Form 941 Changes (2)
Quarterly Reports (1)
COVID-19 (8)
nonexempt employee (2)
Tax (2)
941-X (1)
Sick Leave (2)
Technology Companies (2)
941 (8)
Solution (3)
Coronavirus (2)
employee classification (2)
Economic Security Act (1)
e-File (1)

Tag Cloud

SOC2Sick LeaveIRS Form 1099Payroll Tax1099-GIRS Form 941 ChangesovertimeFamily Medical Leave ActPer DiemLabor ShortageHFSAStandard Mileage RateInfrastructurePayroll Tax FormsEmployee TravelWorkplace EfficienciesFederal TaxesAatrix SoftwareStaffW-2Paycheck Protection ProgramIRS 7200 Tax FormAwardsTop 10IRS 1099 NEC FormACA eFiling941IRS Form 1099 NECPenalties & FinesTax Identification NumberSponsorshipAccountant ShortageEconomic Security ActFormsACA e-filingTravel During CovidPayrollMacTax Identification Number VerificationTax FreeVenmoIRS NoticeCorrections1095IRS Form 941 & 940 changeseFiling1099 NECRecruiting & RetentionAccounting Solutions ProviderWindowsPayroll ReportsYear-End DeadlinesUltimate PayrollCA Pay Data ReportI-9Travel ExpensesPayroll SoftwarePayroll Tax NoticeFilingSage Solutions1099-PATRTechnology Companies1099Form 941payroll reporting changesCV MagazineCIO ReviewAffordable Care ActSolutionsSocial Security Tax DeferralHR1099 GSage Summit1095-BACA ReportingTop 100PTO PayoutSSAInflationSUICryptocurrency1099-KPaymentsBiometrics1095-Cemployee classificationSOC3New Logoindependent contractorsSmall BusinessEnterpriseACASolutionIRS Form W-3CSafe eFilingcyber attacksPaid LeavePayroll Tax ReportingACA ComplianceRetirement Contribution LimitsTechnologyEEO-1TIN Matching ServicesTop SoftwareTax ReturnIRS RegulationsRebrandingFederalPaycardInnovationnonexempt employeeSSA NoticeDeposit ScheduleeFiling ThresholdsCOVID-19IRS Form 941ReviewIRS Notice 931TIN MatchingIRS Form W-2Helpful HintsPaypalReportingImprovementse-FilingcovidCP2100ReportsState Payroll ReportsEmployee BenefitsCV Technology Innovator AwardsSocial Security Wage BaseTop 50Medical LeaveQuarterly ReportsvaccineB-NoticeFraudHuman ResourceTUGNew Hire ReportingPayroll SolutionSage Solutions ProviderMedicare Tax1099-MISCremote officeStateSecurityGig EconomyemployeesFutureSecure eFilingTax PaymentsIRS Tax Formsemployee retentionEmployee Tax CreditsDependent CareACA 1095 C&B requirementsStudent Loan Reliefminimum wageFMLASUTASage Summit 2015SageSage 300 CRECompany Of The YearCoronavirus AidAccounting SolutionsAmerican Rescue PlanIRS Form 7200Payroll Taxes1094-BCIOHIPAAMillennialsPaycheckSMBsEFTPSSocial Security WithholdingChild Tax CreditVirtual Currencyw-4Social Security Number VerificationIRSAatrixFamilies First Coronavirus Response ActIRS FormsCertified Payroll ReportsirstaxtipState FMLAAssessmentWithholdingeFileTax2020 IRS Form W-21094-COEM Payrollwork from homeexempt employeeWeb Forms1099 TIN MatchingComplianceIRS 941 Formworkplace dynamicsFUTABusiness Travele-FileunemploymentInitiativesThe Families First Coronavirus Response ActEmployee Retention CreditSage Summit 2014Payroll Tax ReliefAatrix Software, Inc.941-XElectronic W-2Federal Payroll ReportsCoronavirusPayroll Tax RatesCloudTaxesAatrix eFilePayroll ComplianceEmployee DocumentationGrowth940Payroll Reporting1099-INTinterest ratesIRS 7200 FormHSA