If, and it is a big IF, Congress passes a tax bill that exempts tips and/or overtime from income taxation, there will be new burdens on payroll accounting.
Payroll accounting is already complicated, and depends on political location, number of locations, and the size and complexity of the workforce.
This may be the year to reevaluate the payroll function from start to finish, and to reevaluate decisions about inhouse versus contracted payroll.
Work with your public accountants, who can offer advice and who sometimes offer payroll services.
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