payroll regulations

Payroll regulations refer to the legal requirements governing how businesses manage employee wages, taxes, benefits, and other compensation-related matters. These regulations include rules on minimum wage, overtime pay, tax withholding, reporting requirements, and benefits management. Compliance with payroll regulations is essential to avoid penalties, ensure accurate tax filings, and protect employee rights. Staying up-to-date with payroll laws at the federal, state, and local levels is critical for businesses to maintain lawful operations and ensure timely and accurate compensation for employees.