As a business owner, compliance is your top priority.
So, it should be no surprise that when 2017 rolls in, you will have a few items to add to your compliance checklist. Most importantly, you will need to implement the rules and regulations created by Assembly Bill (AB) 1245.
AB 1245 requires all employers to now electronically file employment tax returns, reports, and all related payments to California’s Employment Development Department starting on January 1, 2017.
The bill was authored by Assembly Member Ken Cooley and sponsored by Small Business California. The program was initially announced in the fourth quarter of 2015; therefore, you have had adequate time to prepare for this change over slowly.