Presented at RECONNECT Dive Deep 2021
Session ID: 100660
In the past 10 years, working from home has become more and more common. When employees only worked in a few specific locations, it was easy to setup those locations in PeopleSoft with its core features (including its tax requirements) and maintain that location for all the employee’s that worked there. But in the new remote working world (especially with COVID), employees are now working most of their hours from home, which may be in other states and with new tax localities. State tax revenue offices have become more aware of this trend and have been more aggressive about getting those employees or employers to pony up any work location taxes in addition to any resident taxes the employee should be paying. But this can be a maintenance and compliance nightmare for a payroll and tax department. Especially for states like Pennsylvania which have work tax codes in the thousands. Ensuring that the correct codes are assigned to an employee’s work and resident location(s) is challenging.
Objectives:
•Learn the proper aspects of configuring and using PeopleSoft Tax Location Codes.We'll demonstrate shortcuts and specific rules for each state(s) as well as stumbling blocks many customers have fallen into that could cost them in the case of an audit
•Which brings up a whole list of questions and concerns: What if an employee moves? The tax localities change on an already existing location? How does an employee easily report this work@home location change since it’s now not maintained by HR?
•With so many employees are working from home, how can we automate the complex work@home tax riddle?Is there an existing Tax Locn code that can be assigned for the employee’s work at home address or does a new Tax Location code have to be created?
Presented by:
Tyger Vollrath, PS WebSolution, Inc.