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Trendspotting: Top Ten Payroll Issues of State Legislatures

ThomsonReuters

States eye workforce as a legislative priority for payroll The majority of state legislatures began their legislative sessions this January. A flurry of bills is being proposed in the payroll space — many having to do labor and employment. Paid leave Paid Family and Medical Leave remains a hot topic in the 2023 legislative session.

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Biden’s American Families Plan Includes Paid Family and Medical Leave

ThomsonReuters

Part of the plan includes a proposal for paid family and medical leave. . The Fact Sheet notes that a study found that unpaid family leave resulted in $22.5 In his address to Congress, President Biden discussed the paid leave component of the American Families Plan. National paid family and medical leave plan.

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Last Week in Payroll: Athletes and Equal Pay

ThomsonReuters

Now let’s go over some of the more important payroll stories from the past week. . IRS FAQs clarify paid sick and family leave credits related to vaccines. The Arizona Department of Economic Security has provided return to work guidance for employers and employees. Federal News . State and Local News .

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The New Year Brings Fresh Uncertainty for U.S. Business Tax Professionals

ThomsonReuters

This legislation provided relief for businesses and workers, impacted employer-paid sick leave and family leave, deferred the payroll tax, and made changes that affected the employee retention credit, net operating loss (NOLs) reporting, business interest limitations, the alternative minimum tax credit, and other issues.