Federal law requires every employer to report each new hire and rehire* to a designated state agency and requires all states to conform to a set of minimum standards for the information that must be reported. States also have the freedom to set their own deadlines for reporting.
Failure to comply with these laws can lead to financial penalties and other serious problems. That’s why for some employers, keeping up with changing state standards and compliance guidelines can be an unwanted burden.
The Advantage Solution
Because we already maintain all the pertinent employee data, Advantage Payroll Services can assist you with New Hire Reporting compliance automatically, as an additional service to our high-precision payroll processing.
* While this Federal law does not define “new hire,” the Federal Office of Child Support Enforcement (OCSE) has defined a new hire and rehire as an individual who provides services to an employer and is required to complete a form W-4.