MI Treasury Wants Employers to Submit W-2 Info Earlier
Citing an uptick in fraudulent tax filings, Michigan’s Department of Treasury is seeking legislative change which would require employers to submit employee wage and salary information a month earlier than they are required to now.
Today, employers are required to provide Form W-2 to employees by January 31 each year and are required to submit W-2 information to the state by February 28. To improve their ability to verify wage information, Treasury wants employers to submit W-2 information by January 31 each year and would like to require “certain” employers to submit the data electronically. We expect that Treasury will phase in the electronic filing requirement over time based on company size, with the largest companies and payroll processing firms being mandated first.
MMA is seeking feedback from members to develop an official position on this legislative proposal. Would speeding up the W-2 submission date cause a problem for you and your company? Would electronic filing be helpful or harmful? Please contact Delaney McKinley, MMA Senior Director of Government Affairs and Membership, at 517-487-8530 or email@example.com, by Monday, May 22, 2017 so we can get a timely response back to the Snyder Administration. We appreciate your input on this proposal!
Paid Sick Leave Bills Introduced
Legislative Democrats introduced legislation that would mandate employers to provide paid sick leave and could lead to added costs and administrative burdens for your business.
Senate Bill 212 (Senator Jim Ananich, D-Flint) and House Bill 4307 (Representative Stephanie Chang, D-Detroit) would require employers to allow employees to accrue 1 hour of paid sick leave for each 30 hours worked, up to a 40 hour maximum for employers with 10 or fewer employees and up to a 72 hour maximum for all other employers.
While we recognize that many MMA members offer paid leave programs, the devil is in the details for this proposal. The bills include a host of concerning provisions, including a private right of action, a rebuttable presumption of violation against employers, requirements regarding personnel policies, record retention mandates and more.
SB 212 has been referred to the Senate Commerce Committee and HB 4307 has been referred to the House Commerce and Trade Committee. MMA remains in contact with the chairs of these committees and will keep you updated with developments.