Northridge, California; 31, December 2015: The upcoming changes in payroll laws in California have many San Diego business owners scrambling to prepare. Some of LA’s top companiesuse AP Payroll Services Services to keep their business in compliance with statewide minimum wage and employee health care changes, while making profits.
Three major changes coming from the federal and state government will result in businesses completing even more tax paperwork for employees. Many current Californiatax and payroll programs will be obsolete and require upgrades to meet the state’s requirements. That’s where the experts at AP Payroll can assist.
Some of the provisions of the Affordable Care Act, also known as Obamacare, are now in place, so that businesses with more than fifty full-time workers are required to comply. The Act is complex and most lay-persons do not have adequate knowledge or understanding of the requirements which might affect payroll and benefits. The professionals at AP Payroll ensure that they stay current on this Act and other laws and regulations, which are imposed.
“The most important tax and payroll changes this year revolve around the Healthcare Act and minimum wage increases in the state,” says AP Payroll Owner Ryan Lee. “We provide affordable solutions for updating a business’ paperwork to comply with these changes.”
3 major changes in California’s Tax and Payroll Laws include:
- AFFORDABLE CARE ACT
One of the largest and most important changes comes from the Federal Healthcare Act. As of 2016, all businesses with more than 50 employees will have certain requirements under the law. This additional requirement means paying assessments to offset potential costs. Employers who do their own payroll will be expected to follow the law exactly.
- CALIFORNIA MINIMUM WAGE
California is following on the heels of many western states byincreasing their minimum wage. This will in turn affect all wage earners, with many moving into new tax brackets. This increase means employers will have to refocus and adapt their business models to continue making profits.
- SAN DIEGO CHANGES IN HOURLY MINIMUM WAGES
On January 1st, San Diego County will be paying a minimum wage of $10.50 an hour with increases planned. The required minimum wage will be $15.00 by 2020.
AP Payroll Services has been aware of these important upcoming changes since the California legislation was passed, and the company immediately began planning for the upcoming changes. APP also works quickly to prevent businesses from paying penalties.
AP Payroll handles 100 percent of all payroll needs including taxes, W2 forms, health insurance and garnishments. Users can submit payroll information via email or by using their online platform for quick updates and changes.
Going with one of the best payroll services in San Diego to update paperwork and address tax reform is good business. Businesses can avoid penalties by visiting their website at http://BestSanDiegoPayroll.com
About AP Payroll:
AP Payroll is proud to offer the best Full service and Self-Service, Web-Based Payroll Solution available to San Diego business owners. Now you can trust your payroll is in good hands with AP Payroll. There is nothing better than personal attention from a trusted advisor who knows your business. Our high-quality payroll service is customized for you and your business. Rely on us to deliver top quality service all year long. You’ll be delighted with the results!