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Employer Payroll Tax Obligations When Employees Work Out-Of-State

Anders CPA

This changing employment landscape requires employers to reassess their payroll tax withholding processes to ensure you are withholding the proper amount of state, local and unemployment taxes from your employees’ wages. Below we dive into the state and unemployment tax responsibilities employers need to know.

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PPP Loan Forgiveness in 2022: Will You Have to Pay?

Snyder

It included a money aid, or PPP loan, for small businesses to cover payroll expenses when no revenue hits the balance. The loan-covered period comprised either 24 or 8 weeks, during which they could rely on the funds to cover their payroll costs. In 2020 the US government launched the Paycheck Protection Program.

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Legal analysis: Implications of state tax exclusion of overtime wages for employers and employees

ThomsonReuters

Checkpoint Payroll Update caught up with John Wertz, tax attorney and partner at Holland & Knight’s New York office, to discuss this first-of-its-kind law. Wertz, a veteran in state and local taxes for over 30 years, explained that the law applies only to full-time hourly employees.