2025 Payroll Outlook - Bloomberg Tax

The 2025 Payroll Outlook report, compiled by analysts at Bloomberg Tax, discusses new payroll updates that industry professionals should be aware of in 2025. The report covers new requirements on the federal, state, and international levels that will impact payroll in the coming year.

This Outlook report details the most important payroll-related changes for 2025, including:

The future of the payroll-relevant provisions of the Tax Cuts and Jobs Act
Winding down of the Employee Retention Credit
New SECURE 2.0 provisions
State developments including income tax withholding and minimum wages
Payroll developments in France, Spain, Germany, and Ireland

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