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Minnesota Paid Family Leave to Launch in 2026

Patriot Software

Beginning in 2026, Minnesota employers will be responsible for handling payroll deductions for the new Minnesota paid family leave program. The Land of 10,000 Lakes is the latest state to launch a paid family and medical leave program. The upcoming MN paid family leave means employers and employees pay into a state fund.

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Minnesota Paid Sick Leave: Guide for Small Business Owners

Patriot Software

On January 1, 2024, employers with employees working in Minnesota are responsible for a new workplace standard—offering paid sick leave. How much do you know about the Minnesota paid sick leave law, known as Earned Sick and Safe Time?

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New Washington State Payroll Tax Targets Long-Term Care Expenses

CPA Practice

Now, a first-of-its-kind state payroll tax aims to assist eligible families with a significant challenge—long-term care costs—through a Washington Cares program. Will other states, like California, implement similar initiatives involving payroll tax deductions? Those payroll deductions started last year, July 1, 2023.

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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. Minnesota has several localities that have paid sick leave ordinances.

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House Bill Proposes to End Social Security Tax for Retirees

CPA Practice

The You Earned It, You Keep It Act is referred to as a “win-win” by its sponsor, Minnesota Rep. The Social Security payroll tax wage base was $160,200 last year. payroll tax on nearly $100,000 more of their wages. But nine states still tax Social Security as of 2024, one of which is Minnesota—the state Rep.

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Payroll trends to watch in 2022 (Part 2)

ThomsonReuters

Part 2 of this blogpost explains how prevalent payroll is in our daily lives with a focus on key issues in 2022, including unemployment, disaster relief, paid sick leave, and international. The Payroll Guide for Checkpoint Edge has detailed information on unemployment for each state, the District of Columbia, and territories like the U.S.

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How Layoffs Affect Your Tech Company’s Books and Payroll

Shay CPA

And, of course, you can’t forget about how your layoffs impact your books and payroll. And if you’re in this boat, you should know what it means for your books and your payroll. This will mean more paperwork in the immediate future to close in the state, but it can simplify your books, taxes, and payroll in the long term.

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