HR News

Watch Out for New Payroll Scam: Direct Deposit Diversion

By now, employers are very familiar with the W-2 phishing scheme, where scammers spoof a company executive’s email and request all W-2 information for a company. Companies large and small have fallen for this crooked tactic, effectively handing over employee names, addresses, and Social Security numbers that the thief can then sell or use to [...]

June 5, 2019|

Employment Tax Fraud Cases Rise

The IRS launched more than 200 investigations involving employment tax fraud in fiscal 2018 - a 28% rise from fiscal 2017. Of those cases, 48 people received prison sentences. Employment tax fraud or tax evasion takes on a variety of forms with the most common methods including paying employees in cash only to avoid taxes, [...]

May 28, 2019|

5 New Congressional Bills for Employers to Watch

Several bills and congressional plans affecting human resources and payroll departments successfully made their way through the House of Representatives in April 2019. Here's what employers need to know to get ahead of the game on popular topics like minimum wage, paid family leave, and more. 1 ) The House of Representatives introduced bill H.R. [...]

May 24, 2019|

IRS Revises EIN Application Process to Enhance Security

Earlier this year, the Internal Revenue Service (IRS) announced only individuals with tax identification numbers may request an Employer Identification Number as “the responsible party.” Those individuals must have either a Social Security number or an individual taxpayer identification number. This is generally the person within a business who owns or controls the entity or [...]

May 9, 2019|

More Minimum Wage Changes in 2019

There were a number of state and municipal minimum wage changes on January 1 this year. Some changes were cost of living adjustments and some tiered increases toward a defined future rate.  But minimum wage changes don’t just happen on January 1, many happen on July 1. And there are a few outliers including Santa [...]

January 16, 2019|

Beware Scams Targeting Payroll Professionals

This time of year is super busy for payroll professionals. It’s also a busy time for scammers. Scammers target payroll professionals in the hopes of getting employee W-2 lists, including names, addresses, and Social Security numbers. Here’s how it works: The scammer sends an email to someone on the payroll team. The email looks like [...]

January 9, 2019|

2019 Banking Holidays and Your Payroll

As you are planning for 2019, take note of the federal banking holidays. Depending on where they fall in the year, they may have an impact on your payroll processing schedule. Mark your calendar, set electronic reminders, and you'll be well prepared for 2019 and ensuring your employees receive their paychecks on time throughout the [...]

November 19, 2018|

2018 ACA Reporting Deadlines

This post was updated January 3, 2019. It's the time of year applicable large employers begin work preparing for ACA reporting. Applicable large employers (ALE) are those with an average of 50 or more full-time employees or full-time equivalent employees in the prior year. ALEs must offer full-time employees and their dependents a minimum level [...]

October 23, 2018|

E-Verify Is Required in These States

E-Verify is a free online information verification system that lets an employer know whether or not a new hire is eligible to work in the United States. The system compares information provided in the employee’s Form I-9 to Department of Homeland Security (DHS) and Social Security Administration (SSA) data to verify employment eligibility. It returns [...]

June 26, 2018|

NY Plans to Extend Salary History Ban to Private Employers

The State of New York continues to make progress in its efforts to close the gender wage gap.  NY DOL issued a report in April 2018 that examined the challenges of pay gap and gender equality and made specific recommendations about how to address the issues including creating public education campaigns, expanding access to child [...]

May 10, 2018|