More New Hire Reporting Requirements Go Into Effect 4/21/2012

Payroll Tips
  New hire reporting requirements are becoming overwhelming and there are new obligations that become effective on April 21, 2012.  I hadn't heard anything about this until my April copy of The General Ledger (a publication put out by the American Institute of Professional Bookkeepers - AIPB) arrived on Saturday. Your new obligations for new-hire reporting: The Trade Adjustment Assistance Extension Act of 2011 (Public Law 112-40), which amends Section 453A (a) (2) of the Social Security Act, includes a revised definition of "newly hired employees" to include any worker: not previously employed by the employer; or previously employed by the employer but separated from such prior employment for at least 60 consecutive days (For the full text of the act, visit https://gpo.gov/fdsys, search for H.R. 2832 (ENR), click on…
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