New York State’s minimum wage is set to increase for 2020. The increase is from legislation signed by Governor Cuomo during the 2016-2017 state budget. The plan increases the minimum wage by increments each year until it reaches $15.00 per hour.
The IRS has released the final revised 2020 Form W-4 Employee’s Withholding Certificate. The 2020 form is substantially different from prior versions in order to comply with federal tax law changes that took place in the 2018 Tax Cuts and Jobs Act.
As a business owner, you probably have considered if you should outsource payroll processing. You may be asking what your business will gain.
Employers of all sizes and types will find that the answer is “a lot.” Consider these five key benefits when you outsource payroll processing.