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Under New York’s new Workers’ Compensation Reform law, employers who underreport payroll or misclassify employees by downplaying their duties face the same fines as companies with no workers’ comp coverage.

For employers with fewer than five employees, the first violation remains a misdemeanor with fines up to $5,000.

For employers with more than five employees, however, the violations are now class E felonies, with fines ranging from $5,000 to $50,000.

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