As the United States continues to fight to slow the spread of COVID-19, Worklio is constantly monitoring the situation to stay on top of the legislative developments in order to help our customers and their clients deal with the ongoing changes to federal regulations.
Hot fix releases continue to be made. The updated Form 941 and Schedule R (Form 941) and reports for the Payroll Protection Program Forgiveness program were updated earlier this summer. Forthcoming legislative changes are being addressed in real time to provide customers and their clients with solutions as quickly as possible.
Worklio understands the uncertainty that the battle against the spread of the coronavirus has caused. We are available and we will do everything we can to help you navigate these truly unique circumstances that affect us all.
Most importantly, know that Worklio is here to support our customers and their clients and the many worksite employees who make business happen in the United States.
California, which has close to 40 million residents, is the most populous state and possibly the most complex when it comes to Payroll and Human Resources.
The “Eureka!” state has many laws and regulations to safeguard employers and employees. Almost every aspect of the workplace is covered, including meal and rest periods, vacation policies, itemized wage statements and final paycheck requirements.
Worklio is an international company that has tapped into the power of globalization. The largest Worklio office is smack dab in the center of Europe in Brno, Czech Republic — a city that has attracted so many American and international technology firms that it has become known locally as the Silicon Valley of Europe.
Worklio has found ways to benefit from several advantages that Brno has to offer, including the advanced education of the large university city, its thriving technology sector, cost savings and the fact that the Czech timezone is six hours ahead of the U.S. East Coast for releases and customer support.
Need another reminder for why you need to dot every “i” and cross every “t”? Here it is: the Department of Labor increased its civil penalties.
Pretty much every violation has been adjusted for inflation, including failures to comply with the Occupational Safety and Health Act (OSHA), the Fair Labor Standards Act (FLSA), the Family & Medical Leave Act (FMLA), the different versions of the Immigration & Nationality Act and the Migrant and Seasonal Agricultural Worker Protection Act (MSPA).
One of the first documents that new-hire employees fill out when they get on the job and one of the documents that should be updated every year is the Form W-4. For more than three decades, it has remained largely unchanged.
Not any more.
This year, the W-4 has gone through a significant update to make the withholding system more accurate and more transparent. As the IRS says, it will “ensure (a) smooth taxpayer experience.”