Company Updates February 2024

Welcome to the Payality newsletter! This monthly newsletter provides helpful updates about your Payality software, compliance changes, and what to know.

Compliance Corner

You can find legislative and compliance updates on our blog that provide insights into the latest changes that may be impacting your business. Here are a few of the latest topics covered:

• Federal: IRS Final Regulations: De Minimis Corrections on Information Returns
• Federal: The US DOL Adopts New Independent Contractor Test
• California: Update to California 2024 Wage Theft Notice
• California: Additional Guidance on California Expanded Sick Leave Law
• California: Reproductive Loss Leave Requirement

Important: We Need to Know About Any Changes

If your business makes any changes to its name, employer identification number (EIN), or bank account information, we need to know right away. Please inform us immediately of these changes to avoid processing delays and other issues.

Additionally, if you purchase a new business, we need to know as soon as possible. Please inform us at the first opportunity to ensure everything is ready for the first payroll.

Upcoming Important Dates

• Monday, February 19, 2024 (President’s Day): Payality open, Federal Reserve closed (non-processing day)

HR Services

Need a little help managing the human resources side of your business? Good news: Payality can help. We offer HR Services, including access to a full library of resources. Get answers to tough questions from a real, live, HR expert. Managing people can be easier than ever!

• Full remote input (no email or call-in)
• 48-hour processing window (note the change from 24 hours)
• Payality can still invoice 7-11 franchisee
• All direct deposit or pay cards (no delivery)