Jyme Mariani, Esq.

Social Security Trustees Project Wage Base for 2025

https://www.payroll.org/news-resources/news/news-detail/2024/05/07/social-security-trustees-project-wage-base-for-2025

The Board of Trustees of the Social Security Trust Fund projects the social security wage base will be $174,900 for 2025.

DOL Finalizes Salary Threshold for ‘White Collar’ Exemption

https://www.payroll.org/news-resources/news/news-detail/2024/04/24/dol-finalizes-salary-threshold-for-white-collar-exemption

On April 23, the U.S. Department of Labor (DOL) announced a final rule to increase the minimum salary level for the Fair Labor Standards Act “white collar” exemptions.

IRS Data Affirms Payroll’s Vital Role in Nation’s Tax System

https://www.payroll.org/news-resources/news/news-detail/2024/04/19/irs-data-affirms-payroll-s-vital-role-in-nation-s-tax-system

On April 18, the IRS released its 2023 Internal Revenue Service Data Book, which provides statistics that underscore the importance of payroll professionals to the integrity of the American tax...

Employers Have Until March 22 to Apply for ERC Disclosure Program

https://www.payroll.org/news-resources/news/news-detail/2024/03/18/employers-have-until-march-22-to-apply-for-erc-disclosure-program

The deadline to apply for the IRS’s Voluntary Disclosure Program is March 22. The program allows businesses that claimed the employee retention credit (ERC) and received questionable payments to...

ACA Employer Shared Responsibility Payments Adjusted for 2025

https://www.payroll.org/news-resources/news/news-detail/2024/02/15/aca-employer-shared-responsibility-payments-adjusted-for-2025

The IRS has updated the employer shared responsibility (ESR) payment amounts for 2025 under the Affordable Care Act (ACA) [Rev. Proc. 2024-14, 2-12-24].

IRS Issues QuickAlert on FIRE System Error Message

https://www.payroll.org/news-resources/news/news-detail/2024/01/29/irs-issues-quickalert-on-fire-system-error-message

The IRS issued a QuickAlert to tell users how to deal with any troubles they may face logging into the Filing Information Returns Electronically (FIRE) system. The IRS recommends not calling its help...

DOL Issues Final FLSA Worker Classification Rule

https://www.payroll.org/news-resources/news/news-detail/2024/01/10/dol-issues-final-flsa-worker-classification-rule

The U.S. Department of Labor (DOL) issued a final rule that modifies how to determine whether a worker is an employee or an independent contractor under the Fair Labor Standards Act (FLSA) [89 F.R....

Payroll Currently Provides Payroll Professionals With Knowledge

https://www.payroll.org/news-resources/news/news-detail/2024/01/05/payroll-currently-provides-payroll-professionals-with-knowledge

2024 launches a new year of Payroll Currently, a monthly electronic newsletter exclusively for PayrollOrg members. Now in its 32nd year of publication, Payroll Currently contains timely and accurate...

Reminder: IRS Lowers Electronic Filing Threshold to 10 Forms for 2024

https://www.payroll.org/news-resources/news/news-detail/2024/01/04/reminder-irs-lowers-electronic-filing-threshold-to-10-forms-for-2024

In 2023, the IRS finalized regulations to reduce the threshold requirement for filing information returns (e.g., Forms W-2, 1099 series, ACA forms) electronically from 250 to 10 for returns required...

IRS Releases 2024 Publication 15-T and Forms W-4, W-4P, and W-4R

https://www.payroll.org/news-resources/news/news-detail/2023/12/20/irs-releases-2024-publication-15-t-and-forms-w-4-w-4p-and-w-4r

The IRS released the 2024 Publication 15-T, Federal Income Tax Withholding Methods, as well as the 2024 Forms W-4, W-4P, and W-4R. Employees and payees may now use the IRS’s tax withholding estimator...