New thresholds, state law changes, and IRS deposit rules. A concise 2026 payroll compliance briefing for owners.
2026 brings updated Social Security wage bases, federal withholding tables, and dozens of state specific minimum wage and paid leave changes. Here's what employers need to verify before January 1.
First, confirm your payroll provider has updated federal and state tables. Second, review employee W-4 elections and remind team members to update if they had material life changes.
Third, revisit your deposit schedule, the IRS re classifies employers each year based on prior period liability.