5 payroll challenges for corporations in 2021
Payroll is a corporation’s largest expense. In the world of payroll, every year comes with new and recurring issues that corporations must be aware of to ensure compliance and avoid penalties.
Due to the COVID-19 pandemic, payroll administration has grown increasingly challenging. As the pandemic continues into 2021, there is no shortage of federal, state, and local legislation and guidance being released. Compliance remains a key concern, but corporations should take advantage of available tax credits during these difficult economic times. Payroll data could be the key to tax savings.
In this webinar, we’ll discuss 5 challenges we think corporations need to keep a close eye on in 2021 and how to address these challenges.
- American Rescue Plan Act’s Payroll Provisions
- Tracking Regulatory Changes in the new Presidential Administration
- Remote Working and Taxation
- Worker Classification
- Federal and State Unemployment Taxes