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Businesses pay government agencies millions of dollars each year in labor and tax compliance penalties. And in this economy, agencies are more vigilant than ever about enforcing regulations. To help avoid fines, it can pay to be aware of common payroll pitfalls.
Employers owe it to themselves - to say nothing of their obligations to their employees - to be well-versed in tax, employment and benefit guidelines. At the same time, complying with state and federal statutes is the first step in avoiding costly penalties.
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