Effective for tax years beginning on or after January 1, 2024, overtime pay received by a full-time hourly employee for hours worked over 40 in a given week will be excluded from gross income and...
Effective for tax years beginning on or after January 1, 2024, overtime pay received by a full-time hourly employee for hours worked over 40 in a given week will be excluded from gross income and...
Financially stressed employees are more likely to experience decreased productivity, higher absenteeism (seven times higher), and reduced job satisfaction. This can cost businesses an estimated $4...
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”...
PayrollOrg’s Government Relations Task Force (GRTF) Garnishments Subcommittee commented on the U.S. Department of Education’s (ED) proposed negotiated rulemaking committee. The negotiated rulemaking...
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...
National Payroll Week® (NPW), September 4-8, 2023, recognizes America’s workers and the payroll professionals who keep employees paid accurately and on time each payday. When it comes to celebrating...
Employers have until Wednesday, August 30, to comply with requirements by physically inspecting documents that were viewed remotely during the COVID-19 temporary flexibilities for Form I-9, ...
