New York S09755 mandates payroll services businesses to provide annual wage and tax statements to clients without extra cost or delay.

New York S09755 requires payroll services businesses to compile and deliver annual wage and tax statements, including W-2 forms, and any year-end forms to their clients without additional cost or delay. This mandate applies to businesses entering into payroll service contracts or agreements. The bill prohibits these businesses from withholding, delaying, or failing to deliver these statements due to financial or other disputes. Violations of this requirement are subject to civil penalties, with a maximum of $1,000 for the first violation and $1,500 for each subsequent violation.

New York S09755 mandates payroll services businesses to provide annual wage and tax statements to clients without extra cost or delay.

New York S09755 requires payroll services businesses to compile and deliver annual wage and tax statements, including W-2 forms, and any year-end forms to their clients without additional cost or delay. This mandate applies to businesses entering into payroll service contracts or agreements. The bill prohibits these businesses from withholding, delaying, or failing to deliver these statements due to financial or other disputes. Violations of this requirement are subject to civil penalties, with a maximum of $1,000 for the first violation and $1,500 for each subsequent violation.