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In this video, Jenny Stone from HR Shield addresses common HR questions from small and mid-sized business owners, particularly focusing on the necessary paperwork for new employees. After hiring, employers must ensure that new hires complete essential forms before they start work and receive their first paycheck. Compliance with federal, state, and local laws is crucial as agencies may audit employee records. The primary document mentioned is Form W-4, which is required for federal income tax withholding, and must be completed by all new employees prior to their first payment. Keeping accurate records is emphasized as a vital responsibility.