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Ensuring payroll compliance in 2024: What’s new?

BMT Office Administration

Maintaining payroll compliance is a must for accounting departments, but it’s often easier said than done. That’s especially true whenever new changes come about, and 2023 was a year rife with new payroll regulations, trends, and initiatives. From the implementation of SECURE 2.0 From the implementation of SECURE 2.0

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Does local income tax withholding follow the wages or the person?

BMT Office Administration

Provide them with the proper forms to claim an exemption from withholding. On the other hand, your permanent telecommuters will be subject to their municipality’s income taxes, which means you must register as an employer and withhold.

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