It's more important than ever to be in compliance with payroll laws and
regulations. The penalties the government may impose are substantial. The
federal Secretary of Labor announced that the Wage Hour Division has been
adding new investigators for enforcement purposes. And the U.S. Immigration
and Customers Enforcement (ICE) launched a new audit initiative, which will
focus on compliance with employment eligibility verification laws and
regulations.
How do you stay in compliance and avoid penalties?
The 2010 American Payroll Association Basic Guide to Payroll delivers
the plain-English explanations of payroll laws and regulations you need.
Here's a sample of what changes will be covered:
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The latest information about how to report and withhold on personal use of
employer-provided cell phones
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How proposed regulations on 401(k) retirement plan contributions could mean
more work for Payroll
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The ramifications of the rescinding of the "no-match" rules
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How to handle salary reduction contributions to fringe benefit plans when
employees are laid off
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Explanation of IRS guidance on military differential pay
This 2010 Revised Edition explains all the late-breaking legal and
regulatory changes affecting Payroll and includes the updated forms and
publications. Highlights include the following: ;
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The payroll ramifications of the Temporary Extension Act of 2010
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New example on how to complete the 2010 Form 941
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How to withhold on wages paid to nonresident aliens
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New car valuation rules for 2010
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How the military spouse exemption from state income tax affects Payroll
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Final DOL regulation on deposit safe harbor for small employers
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How you handle FICA overpayments affects the rate of interest the IRS pays
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Line-by-line example of how to correct a 2009 Form W-2
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A brief explanation of the new Schedule R
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State unemployment wage bases for 2010
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The latest DOL initiative that targets employers
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Circular E (Pub. 15), Publication 15-A, and Publication 15-B for 2010