Federal Alerts
Tuesday, February 4, 2025
|
Federal Compliance Update
On Jan. 21, 2025, President Donald Trump issued an executive order (“new EO”) titled “Ending Illegal Discrimination and Restoring Merit-Based Opportunity”. For federal contractors, the new EO eliminates federal contractor affirmative action plan obligations regarding race and gender (as had been required by EO 11246) and enforcement activity by the OFCCP regarding race or gender affirmative action plans.
Monday, February 3, 2025
|
Federal Compliance Update
We're reaching out to share some exciting news about an important tax benefit your employee might be eligible for— the Federal Earned Income Tax Credit (EITC). We thought you would want to know this benefit is designed for certain working individuals and families.
Sunday, January 5, 2025
|
Federal Compliance Update
The Internal Revenue Service (IRS) has released the 2025 version of Publication 15-B (Employer's Tax Guide to Fringe Benefits). (Publication 15-B uses the term "employment taxes" to refer to federal income tax withholding as well as social security and Medicare (FICA) and federal unemployment (FUTA) taxes.) Publication 15-B is a supplement to Publication 15 (circular E) and IRS Publication 15-A (Employer's Supplemental Tax Guide).
Sunday, January 5, 2025
|
Federal Compliance Update
IRS Publication 15-A supplements IRS Publication 15 (Circular E), by providing more specialized and detailed employment tax information on certain topics covered in IRS Publication 15.
Sunday, January 5, 2025
|
Federal Compliance Update
On December 19, 2024, the Internal Revenue Service issued via Notice N-2025-05 the 2025 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, moving, and charitable purposes.
Sunday, January 5, 2025
|
Federal Compliance Update
The National Labor Relations Board (NLRB) has ruled that the National Labor Relations Act (NLRA) prohibits employers from requiring employees to attend meetings in which the employer expresses their views on unionization. The NLRB ruled that the decision will be applied prospectively (future cases) only.
Sunday, January 5, 2025
|
Federal Compliance Update
The Internal Revenue Service has released Publication 15 (a/k/a Circular E) Employer’s Tax Guide for use in 2025. Publication 15 explains an employer’s tax responsibilities, important updates for 2025, and employer instructions for payroll and non-payroll tax withholding.
Sunday, January 5, 2025
|
Federal Compliance Update
On Dec. 19, 2024, the Internal Revenue Service issued Notice 2025-05 announcing that the standard mileage rate, effective Jan. 1, 2025, for use of an automobile to obtain medical care is 21 cents per mile. This is the same rate as in 2024.
Sunday, January 5, 2025
|
Federal Compliance Update
The U.S. Department of Homeland Security has published a final rule that permanently increases the automatic extension period of employment authorization and Employment Authorization Document (Form I-766 or EAD) validity from up to 180 days to up to 540 days, effective Jan. 13, 2025.
Monday, December 2, 2024
|
Federal Compliance Update
On Nov. 15, 2024, a Texas federal court struck down a U.S. Department of Labor (DOL) rule that raised the minimum salary required to be paid to most employees classified as exempt from overtime and minimum wage requirements under the Fair Labor Standards Act (FLSA).
The court’s decision blocks the minimum compensation increases that were scheduled to go into effect on Jan. 1, 2025, and invalidates the previously required July 1, 2024, increases nationwide.