Several Sources Say Progress With Vaccination Gives Hope The Economy Will Continue To Improve
Comments, surveys, and expert opinions agree that the continued progress of vaccinations is giving the small business community encouragement that their prospects for the near future are improving.
State and Federal agencies frequently make changes to the reports businesses are required to complete, and 2021 is poised to be a record-setting year. From brand new reports like the California Pay Data Report, changes to the most commonly filed reports like the 941, to the myriad of State form updates, Aatrix’s Forms Division is continually releasing new and updated forms.
California’s Pay Data Reporting requires all private-sector employers with 100 or more employees, with at least one employee in California, to report pay and hours worked by employees by race, ethnicity, and sex in ten different job categories to the Department of Fair Employment and Housing (“DFEH”).
The Legislature noted that hidden bias exists and is encouraging self-assessment of pay disparities along gendered, racial, and ethnic lines to encourage voluntary compliance with equal pay and …
New Hire Reporting is the process by employers to report this information on newly hired employees to a designated state agency shortly after the date of hire. Businesses are required to report taxes and wages to varying federal and state agencies and employers have a legal obligation to report new hires to the appropriate state agency within 20 days of hire.