Access the
New York City Department of Finance
here.
The New York City Department of Finance is a state agency responsible for overseeing and enforcing tax laws, property assessments, and other financial regulations within the city. They work to ensure compliance with state and local tax requirements, as well as provide resources and support to residents and businesses in navigating financial matters.
Artificial intelligence (AI) and automation tools are changing how companies operate in many areas, with human resources (HR) experiencing some of the greatest benefits.
HR professionals are now using AI to make the workplace more efficient, enhance the employee experience, and help businesses make smarter decisions. From recruitment to performance management, teams worldwide have adopted AI to streamline HR processes and improve outcomes.
Despite its convenience and practicality, AI may not always be the solution it seems.
Managing compliance for state and local reporting can feel like a never-ending task, even with the help of a professional employer organization (PEO). For example, client reporting states can add an extra layer of confusion to the payroll and reporting process.
When you’re on a PEO, there are two types of payroll reporting: client reporting states and PEO reporting states. In client reporting states, you are still responsible for managing your payroll accounts under your own employee identification number (EIN).
Welcome to the world where business agility meets compliance. As your business evolves, you may find yourself in a situation where some state agency accounts are no longer necessary.
This could be due to various factors, including the fact that you no longer have active employees in certain states. We’re discussing the hows and whys of closing state agency accounts, ensuring your business stays as nimble and compliant as ever.
Gabrielle Sinacola |Mar 13, 2024
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