Regulatory Roundup: August 2019

Changes in laws and regulations heavily impact how HR departments operate and serve their employees. This means HR professionals must be diligent in understanding how these changes affect current and prospective employees and their business. A proactive approach will be critical to staying compliant and understanding the complexities of doing so.  

The Internal Revenue Service (IRS), for example, recently announced it would add 600 revenue officers by September to support greater accountability efforts, emphasizing the importance of payroll compliance. Don Fort, chief of IRS criminal investigations, stated, “Employers know the rules — they must deposit and report employment taxes accurately — this is nonnegotiable.” With 72% of revenue collected by the IRS coming from payroll taxes withheld by employers, and as the IRS plans payroll tax compliance sweeps across the country this year, staying compliant is a must for every employer.

Paylocity is here to help you meet your compliance obligations. We regularly post tax and compliance alerts on our News page, helping you stay up-to-date on the latest changes. We also have a Compliance Dashboard as part of our Payroll product suite, with features that help you easily manage and maintain employee forms and acknowledgements; interactive compliance training courses on a number of topics to maintain a safe and secure workplace; and metrics surrounding ACA and EEO data.

Bookmark our blog and be sure to come back every month for Regulatory Roundups of tax and compliance alerts you need to know. To see past alerts and to stay up-to-date on the latest changes, bookmark our News page and follow our social channels on Facebook, LinkedIn, and Twitter for urgent updates.

Federal Forms and Filings

• Continue Current Form I-9 Expiring August 31
• IRS Releases Second Draft of Form W-4
• EEO-1 Component 2 Pay Data Report

Mandatory Training

• Illinois Anti-Harassment Training Requirements

Trending Topics

• White House Officials Discuss Possible Federal Payroll Tax Rate Reductions

State Leave Requirements 

• Oregon Paid Family and Medical Leave
• Washington’s New Payroll Deduction

Wage & Hour

• Chicago Fair Workweek Ordinance
• Minnesota Wage Theft Act

Recruiting Practices

• Illinois Salary History Ban

This information is provided as a courtesy, may change and is not intended as legal or tax guidance. Employers with questions or concerns outside the scope of a Payroll Service Provider are encouraged to seek the advice of a qualified CPA, Tax Attorney or Advisor.