2022 Payroll Planning
Article Updated June 27, 2022
The YeoConsults Payroll Solutions Group would like to make you aware of important payroll updates that will affect you and your employees next year.
- Updated Form 1099-NEC
- Reporting of FFCRA wages in Box 14 on W-2
The State of Michigan has not issued any statements regarding an increase in the minimum wage; we anticipate it will remain at $9.65 per hour. Watch Yeo & Yeo’s website and future eAlerts for new developments.
Need guidance on closing 2021, preparing for 2022 payroll or meeting payroll deadlines? Contact the payroll professionals at Yeo & Yeo.