To help employers navigate the ever-changing payroll landscape, we are pleased to provide this payroll update for the coming year. This report covers a wide variety of payroll topics including W-2 basics, state reporting, nonqualified plans, paid leave, as well as a summary of Federal limits, minimum wage rates, and state unemployment wage bases.
Payroll professionals can utilize this information to plan for any upcoming changes and prepare for a successful year-end.
Curious about the upcoming W-4 changes? Take a look at our recent article to make sure you are up to date on the details on how it could affect you.
If you have questions regarding the updates, please contact your relationship executive or our team at HCM@wipfli.com.
Access the 2020 payroll update below: