Payroll Processing
/ˈpeɪrˌroʊ ˈproʊˌsɛsɪŋ/
Definitions
- (n.) The administrative and legal task of calculating employee wages, withholding taxes, and ensuring compliance with labor and tax laws.
The company's payroll processing must comply with federal tax regulations to avoid penalties.
Forms
- payroll processing
Related terms
See also
Commentary
Payroll processing involves precise adherence to legal standards for tax and labor law compliance; clarity in documenting wage calculations is crucial to mitigate legal risk.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.