Employers must keep specific records for three years and undergo audits by the Department of Workforce Development.
This bill mandates that employers maintain records such as individual pay records, W-2 and 1099 forms, cash disbursement journals, and check registers for three years. The Department of Workforce Development is required to conduct field audits of employers to ensure compliance with unemployment insurance laws. The bill outlines procedures for these audits, including preaudit interviews and access to employer records. Employers can contest audit decisions, and the bill applies to audits conducted after its effective date.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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