With more than 20% of payroll reports changing each quarter, here are the most recent changes to payroll through June 2023.
As we close out the first quarter of 2023, the future of Payroll and HR has become the now of Payroll and HR. Many of the changes which started during the pandemic have been accelerated and have become permanent aspects of our working lives. Remote workers have expanded payroll compliance to multiple states for many companies for the first time. Finding efficiencies in an inflationary economy is paramount. And finally, security issues continue to be a primary concern.
Employers interested in offering wage payments in cryptocurrency should be aware of and comply with applicable withholding, wage and hour, and wage payment requirements at the Federal and State levels. Although employers can not currently pay employee’s base salaries, hourly pay, and overtime pay in the U.S. they may offer bonuses or incentive payments in cryptocurrency. Additionally, employers can use a third-party cryptocurrency payment processing company (e.g., Bitpay) or conversion service r…
While We Don’t Know All The Changes That We’ll See To Payroll in 2021 - Here Is What We Know So Far!
When Is Free Not Free when it comes to Payroll Reporting. Find what employers are required to file and how to get free payroll reporting software. One of the most onerous obligations of employers is complying with a myriad of payroll reports and payments required by Fed, State, and Local taxing authorities.
Are you and your business payroll compliant? Compliance will continue to be the BIG topic. How Does This Impact Payroll Administrators?