Union payroll is not one process. It is two distinct financial operations that intersect at the member level but require separate tracking, different accounting treatment, and distinct compliance obligations. The payroll administrator processing a standard biweekly run and the treasurer managing officer compensation at a mid-size local are solving different problems, but both are doing union payroll.
Multi-state payroll is the process of managing wage calculations, tax withholdings, and employer filings for employees who live, work, or travel across state lines. As remote and hybrid work has become standard, the number of businesses with multi-state payroll obligations has grown significantly.
A frustrating financial challenge is IRS Tax Code 280E, which states that “no deduction or credit shall be allowed in running a business that consists of trafficking a controlled substance.” This archaic code impacts cannabis businesses across the nation, causing unnecessary fiscal and operational stress. By understanding the history of the code, and best practices related to tax management and cannabis accounting, you can avoid 280E pitfalls and approach it with confidence.
