PenSoft Community Forums

Forum Username: Forum Password:
Don't have a forum account? Register now Forgot your Password? Save Password
Skip to main content

 All Forums
 General Discussions
 Payroll
 When payday falls on a holiday
 New Topic  Reply to Topic  Printer Friendly

Author  Topic Next Topic  
 
Rating is not allowed for this topic.

Greiner
Forum Contributor

1 Posts

Posted - 12/28/2009 :  4:37:35 PM  Show Profile  Reply with Quote
For a company paid every Friday, this Friday is January 1. When should direct deposits be paid and when should live checks be paid? My company will have direct deposits in the employee accounts on December 31 and live checks will be dated (and handed out) on December 31. My wife's company does not operate this way. Their d/d will be on 12/31 and live checks, although handed out on 12/31, will be dated 1/1 which means they cannot be negotitated until Saturday 1/2.

I tried finding State specific guidance via Google but struck out. Does anyone know what the legal requirements are for paydays falling on a holiday?

n/a
deleted

28 Posts

Posted - 01/13/2010 :  4:42:35 PM  Show Profile  Reply with Quote
Thank you for posting your inquiry to the PenSoft Community Forum! There are no regulations or official guidelines on the federal level related to the payout of wages on a holiday. You will definately want to check with your local state agencies to determine if there are rules governing the subject there.

Thank you for your inquiry.
Go to Top of Page

Misty
Forum Contributor

la
USA
1 Posts

Posted - 12/21/2015 :  5:21:13 PM  Show Profile  Reply with Quote
Has anyone gotten an answer to this?
i have a client that wants their payrll for that friday to go into 2016 so its not a 3rd ck for 2015 (for insurance reasons), however since its a holiday, direct deposits wont hit til monday..... if we do them for 12/31 but date checks for 1/1 would the wages go to 2015 or 2016...
Go to Top of Page

pel
Forum Contributor

OK
USA
3 Posts

Posted - 12/25/2015 :  09:51:50 AM  Show Profile  Reply with Quote
The IRS goes by pay date - your payroll would be a 2016 payroll.
Go to Top of Page
   Topic Next Topic  
 New Topic  Reply to Topic  Printer Friendly
Jump To:
PenSoft Community Forums © 2000-2017 Peninsula Software of Virginia, Inc. Go To Top Of Page
This page was generated in 0.09 seconds.