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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 tax commissioner is authorized to adopt rules requiring employers to file and pay their withholding taxes electronically. Employers that can show good cause for not filing electronically would be able to seek a waiver from these rules. (H.B. 153, L. 2011) Minimum wages. For 2012, the inflation-adjusted minimum wage increases to [...]
Child support. Beginning Jan. 1, 2012, the maximum that can be withheld from lump-sum payments to employees will increase to 50% of the payment, up from 25%. (Ch. 317, L. 2011) Family leave. Beginning Aug. 2, 2011, employers that have at least six employees on the payroll each day for 20 weeks during the current [...]
Unemployment insurance. Through 2016, in lieu of laying off at least 10% of employees in one business unit, positive-account employers that have paid wages for 12 consecutive calendar quarters may institute work-sharing plans. Shared-work plans may last for up to 52 weeks. Employees who participate in a shared-work plan may have their hours of work [...]
Unemployment insurance. Beginning in 2011, employers can no longer make voluntary contributions. (Act 63, L. 2011) Work authorization. Within three business days of hire, all private employers (not just employers with 100 or more employees) must use E-Verify to validate the work status of new hires. In addition, general contractors must maintain the contact phone [...]
Payment of wages. Beginning July 1, 2011, em­­ployers that advance employees their wages, agree to lend employees money or allow employees to charge personal items on company credit cards may offset those amounts against employees’ future wages. Employees must sign written agreements prior to the transaction allowing the offsets. Employers must provide employees with written [...]
Child support. Beginning Sept. 1, 2011, em­ployers with at least 50 employees (was 250) must electronically remit withheld child-support payments. Employers with fewer than 50 employees may remit electronically. Employers that have received medical-support notices have 40 days (was 30 days) to notify the sender that the child has been enrolled in the group health [...]
Income tax withholding. The phrase “Internal Revenue Code” means the federal tax code in effect for the 2010 tax year. (Act 45, L. 2011) Minimum wages. For 2012, the inflation-adjusted minimum wage increases to $8.46 an hour, up from $8.15.
Income tax withholding. Beginning July 1, 2011, employers that file on a semiweekly basis must file all returns and make payments electronically. Beginning Jan. 1, 2012, employers that file at least 50 W-2s must e-file using Web Upload or iFile. Employers filing fewer than 50 W-2s may e-file. Work authorization. Beginning Dec. 1, 2013, em­­ployers [...]
Family leave. The state’s paid family leave law, which was to have become effective on Oct. 1, 2012, will now become effective on Oct. 1, 2015. (S.B. 5091, L. 2011) Minimum wages. For 2012, the inflation-adjusted minimum wage increases to $9.04 an hour, up from $8.67.
Income tax withholding. Employers filing at least 50 W-2s must file those forms electronically. The old electronic-filing threshold was 250 forms. Employers must withhold $2.50 per quarter from all employees who work within the city of Parkersburg’s corporate limits. Amounts must be remitted quarterly to the city. Employers must keep records for seven years.
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