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2019 Payroll Outlook

New laws continue to bring many changes for payroll professionals in 2019. Changes to wage and hour administration at both the federal and state level are expected to continue in 2019, including a new overtime rule. Clarification of a big, expected change involving adjustments to federal income tax brackets and Form W-4 withholding rules should come in 2019, which the IRS plans to implement in 2020, and states reactions will follow, with some already taking action. Employers in 22 states must calculate unemployment taxes for 2019 using taxable wage bases that differ from those from 2018, and new taxes are being administered by unemployment agencies to fund leave programs.

Download 2019 Outlook: Payroll from Bloomberg Tax to gain insight on the issues relevant for U.S. payroll compliance in 2019.

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