The IRS announced the changes to the dollar limits on benefits and contributions under qualified retirement plans, as well as other items, for tax year 2024 [Notice 2023-75, 11-1-23].
The IRS announced the changes to the dollar limits on benefits and contributions under qualified retirement plans, as well as other items, for tax year 2024 [Notice 2023-75, 11-1-23].
The Social Security Administration’s (SSA) Fall 2023 Semi-Annual Meeting With the Wage Reporting Community and IRS will be held on Wednesday, November 8, from 1:00 to 3:00 p.m. EST. The meeting will...
The Social Security Administration (SSA) announced on Thursday, October 12, that the 2024 social security wage base will be $168,600, which is an increase of $8,400 from $160,200 in 2023 [SSA, Press...
PayrollOrg’s Preparing for Year-End and 2024 seminar provides updates on the latest changes in legislation and regulations that affect the close of 2023 and the first payroll of 2024. The seminars...
The Office of Child Support Services (OCSS) extended the expiration date of the current income withholding for support (IWO) form for one more year – until September 30, 2024 [OCSS, AT-23-12,...
On September 8, the U.S. Department of Labor (DOL) published a notice of proposed rulemaking (NPRM) to increase the minimum salary level for the Fair Labor Standards Act “white collar” exemptions...
On August 30, the U.S. Department of Labor (DOL) announced it will publish a notice of proposed rulemaking (NPRM) to increase the minimum salary level for the Fair Labor Standards Act “white collar”...
On August 25, the IRS announced an administrative transition period to extend until 2026 the new requirement that additional elective deferrals (catch-up contributions) made by higher-income...
On July 21, the U.S. Department of Homeland Security (DHS) announced it will publish a final rule that provides alternatives for certain employers to examine Form I-9, Employment Eligibility...
The IRS said it will provide an electronic filing option for amended employment tax returns “sometime in 2024.” In the What’s New sections of drafts of Form 8453-EMP, e-File Declaration for...