eFiling Thresholds, Revisions To Form 941 and Schedules, Form 941-X, Idaho Revises Withholding Tables, Reduces Supplemental Wage Tax Rate and California Supreme Court Rules Premium Pay for Missed Meal; Rest Breaks Are Wages
To build efficiencies in the payroll process by eliminating paper checks, employers have used direct deposit since the mid-'70s. This effort to eliminate paper checks was always limited because many employees had no bank accounts. Since ATMs appeared, the ability to pay employees via a paycard has slowly become available.
Employers have reporting requirements when adding a new employee to their staff. In addition, there are a number of optional authorization, verification, and internal forms to be completed that can impact payroll administration.
Certified payroll is a special weekly payroll report using Form WH-347 that contractors who are working on projects that are government-funded. Employers are required to complete and submit these reports to prove they are paying workers the prevailing wage. Many states and city governments have adopted the certified payroll requirement to assure contractors are paying an appropriate wage to their workers.