In late November, the IRS released a worksheet containing the tax tables that will be included in the 2024 Publication 15-T, Federal Income Tax Withholding Methods. Although a full draft of...
In late November, the IRS released a worksheet containing the tax tables that will be included in the 2024 Publication 15-T, Federal Income Tax Withholding Methods. Although a full draft of...
The Social Security Administration (SSA) reminded employers to check sooner rather than later to ensure they have access to their Business Services Online (BSO) accounts before filing season begins....
The IRS released cost-of-living-adjustments (COLAs) for 2024 reflecting any increases in excludable transportation fringes and the flexible spending arrangement (FSA) deferral limit, among other...
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”...
