2021 Payroll Planning

2021 Payroll Planning

CPAs & Business Consultants

Christine Porras
Christine Porras, CPP Payroll Supervisor CPAs & Business Consultants

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The YeoConsults Payroll Solutions Group would like to make you aware of important payroll updates that will affect you and your employees next year.

  1. New Form 1099-NEC 
  2. Reporting of FFCRA wages in Box 14 on W-2
It is unlikely that the State of Michigan minimum wage will increase to $9.87 per hour. Also, please subscribe and watch for future eAlerts to keep you informed. 
Need guidance on closing 2020, preparing for 2021 payroll or meeting payroll deadlines? Contact the payroll professionals at Yeo & Yeo.

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