Weekly Compliance Updates

IRS Provides Transition Relief from Secure 2.0 Roth Catch-Up Contribution Change The IRS announced a 2-year administrative transition period for the new Roth catch-up requirement. Section 603 of the SECURE …

Commissioner Werfel Indicates E-Filing of Form 941-X Coming Soon During his remarks on the one-year anniversary of the funding provided to the IRS by legislation from last year, Commissioner Daniel …

As an employer, understanding the distinction between exempt and non-exempt employees is essential. Under the Fair Labor Standards Act (FLSA), employers are legally obligated to follow specific guidelines when classifying …

Summer Employment May Come with Tax Credits During the summer months, specific employers can take advantage of federal tax credits when they hire qualified summer youth employees. The Work Opportunity …

In the past few years, there have been a lot of changes when it comes to how we get our taxes done. Deadlines have moved around, new online self-help tools …

Form I-9 Remote Flexibility Ends July 31 The temporary flexibilities in place for COVID-19-related changes to Form I-9, Employment Eligibility Verification, will come to an end on July 31, 2023 …

Treasury To Provide Clarity on Earned Wage Access Constructive Receipt As earned wage access (EWA) becomes increasingly popular by businesses, the IRS continues to focus on creating clarity for tax …

IRS Ruling Allows 401(k) Match When Paying Off Student Loan Debt Employers can soon choose to let workers’ student loan repayments count toward 401(k) matching contributions under a recently enacted …

Article Menu As FMLA Celebrates 30 Years Some Lawmakers Look to Expand/Reform Program AICPA Recommends IRS Provide Further Guidance on Prevailing Wage and Apprenticeship Requirements for Clean Energy Credits DOL …

Article Menu OCSE Seeks Public Comments on Revisions of Income Withholding Order and Instructions ICYMI - Important Payroll News You May Have Missed (02/03/2023) Why It Is Important For Employers …