Over two decades ago, as a result of 9/11, President G.W. Bush signed the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism (The PATRIOT) Act of 2001 into law. One purpose of the PATRIOT Act is to deter and punish terrorist acts in the United States and around the world by putting in measures to prevent, detect and prosecute money laundering and financial terrorism. One may ask themselves, what does this have to do with payroll? Plenty. The Act states that all individuals and organizations within the United States are responsible for ensuring that…
