Product updates

As of the first quarter of 2024, all employers in South Carolina and West Virginia will be required to report Standard Occupational Classification (SOC) codes for all employees. More information about SOC Codes can be found from the agencies’ websites (e.g., Occucoder). In addition, West Virginia is requiring employers to provide the County Name associated with the primary work location of all employees.

These new setup parameters will be available for employers by January 26th, 2024, and the onboard status for affected employees will be updated to Needs Attention. Employers will have until March 31st, 2024, to update all new parameters and ensure timely unemployment filing.

The Georgia Department of Revenue (DOR) has updated Form G-4, State of Georgia Employee’s Withholding Allowance Certificate. Employees will be required to provide this new form, and will have an onboard status of Needs Attention until doing so. If an employee fails to fill out the new Georgia Form G-4, a default calculation will be used. This new form will be available in Console and Onboard by January 26th, 2024.

We’ve added a new set of validations to help ensure accurate payroll calculation and processing for all 2% shareholders in our system. Individuals who hold more than 2% of outstanding stock of a corporation are not permitted to receive pre-tax benefits such as Section 125 medical benefits (see here), and need to be designated as such via a company-defined attribute. The new set of validations reduce the need for corrections and will include:

• Employees can only be marked as 2% shareholders with an effective start date at the beginning of a calendar year
• Employees that have an active pre-tax health benefit associated with them cannot be marked as a 2% shareholder unless their pre-tax health benefits are either deleted or ended before their effective start date as a 2% shareholder
• When uploading historical payrolls, 2% shareholder earnings cannot be created for employees that are not 2% shareholders

We are making it easier for employers to navigate our wire policy when exceeding $100k in federal tax liability. Starting today, companies on accelerated payroll processing periods do not have to wire funds anymore, and only companies on 4-day processing periods with a pay date less than 4 days away will fall under this policy. We have updated our Help Center article to reflect this change.