Recent Updates

California Raises Minimum Pay for Overtime Exemptions for 2026

Monday, January 5, 2026
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California
The California Department of Industrial Relations has announced an increase in the pay rates that computer software employees, physicians and Administrative, Professional, and Executive Employees must receive in order to be exempt from overtime pay. v

Treasury, IRS Provide Guidance for Tax Year 2025 for Individuals Claiming Deductions for Qualified Overtime and Qualified Tips

Monday, January 5, 2026
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Federal Compliance Update

The Department of the Treasury (Treasury) and the Internal Revenue Service (IRS) issued Notice 2025-69 (Notice 2025-69 or the Notice) on Nov.  21, 2025. The Notice offers guidance to individuals for claiming deductions for qualified overtime and qualified tips for tax year 2025. This guidance applies to new deductions for overtime and tips included in H.R. 1, The One Big Beautiful Bill Act (the Act), which was signed into law on July 4, 2025.  Review the details here

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