Newsletter Archives
Monday, January 6, 2025
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Minnesota
Minnesota has enacted legislation that amends a law that creates a paid family and medical leave program in the state beginning Jan. 1, 2026. The changes are a result of enactment of House File 5247.
Monday, January 6, 2025
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Alaska
The minimum salary required to qualify for exemption from overtime under Alaska state law is scheduled to increase twice in 2025, on Jan. 1, 2025, and again on July 1, 2025.
Sunday, January 5, 2025
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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
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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
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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
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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
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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
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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
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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
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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.