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Payroll Management

Ineffective payroll management and shoddy payroll systems can result in personal liability (including JAIL TIME) for non-compliance.

Business Management Daily helps our readers with information on payroll processing and tips on timesheets that will help you to implement payroll programs that pay off.

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Income tax withholding. The phrase “Internal Revenue Code” means the federal tax code in effect on Dec. 31, 2010. (Act 91, L. 2011) Payment of wages. Beginning July 1, 2011, in addition to any other penalty, employers that intentionally or knowingly fail to pay employees their wages, or em­­ployers that intend to defraud employees by [...]
Income tax withholding. Employees must receive their 2011 W-2 forms by Feb. 1, 2012; forms must be filed by Feb. 29, 2012. In addition, all the other state information required to be shown on employees’ W-2 forms, employers must show the Idaho withholding permit number. Em­­ployers must file paper or electronic W-2 and 1099 forms [...]
Unclaimed wages. Beginning Aug. 8, 2011, un­­claimed wages will be presumed abandoned after one year (was five years). (P.L. 97-270, L. 2011)
Income tax withholding. The phrase “Internal Revenue Code” means the federal tax code as amended and in effect on Jan. 1, 2011. (Act 32, L. 2011) Work authorization. Beginning July 1, 2011, public employers must use E-Verify to check the work status of new hires. In addition, government entities cannot contract with private employers unless [...]
Income tax withholding. Unemployment insurance. Beginning July 1, 2011, at the state revenue department’s request, the state labor department is authorized to determine whether a worker is an employee or independent contractor. These determinations will be binding for income tax withholding purposes. To determine whether a worker is an employee or independent contractor, the labor [...]
Work authorization. Beginning Aug. 15, 2011, in addition to other methods, employers may use E-Verify to check on the work status of new hires. Penalties for failing to check a new hire’s work status have doubled, to $500 for a first offense and $1,000 for a second offense. For third and subsequent offenses, the penalty [...]
Income tax withholding. Beginning in 2011, nonresidents who work in the state are subject to withholding if, during a calendar year, they’re in the state for more than 12 days and earn more than $3,000. Employees who are in the state for up to 24 days during a year, and who are performing the following [...]
Income tax withholding. Beginning Oct. 1, 2011, the threshold for filing Forms W-2 and 1099 in machine-readable form or electronically decreases to employers filing 25 or more statements (formerly employers filing 100 or more statements). (Ch. 161, L. 2011) Beginning Jan. 1, 2012, employers must notify employees of their possible eligibility for the federal and [...]
Income tax withholding. Massachusetts has retroactively adopted the federal tax exclusion rules for dependent health benefits. (Ch. 9. L. 2011) According to technical guidance, Massachusetts employers that were noncompliant with state law by following the federal rules regarding dependent health benefits for state tax purposes in 2010 and 2011 aren’t required to take any action [...]
Income tax withholding. Beginning Jan. 1, 2012, payers of pensions, profit-sharing, stock bonus or other deferred compensation must withhold on the taxable portion of the payment. Pass-through entities that have more than $200,000 of business income after allocation or apportionment must withhold on the distributive share of business income of each corporate member. (Act 38, [...]
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