Federal Law Alert
Federal Law Alert: DOL Increases Exempt Employee Minimum Salaries
Federal Law Alert: DOL Increases Exempt Employee Minimum Salaries Stay updated on the latest developments as the IRS continues its work on the Employee Retention Credit, and learn about new IRS CI education sessions. Check out the latest updates here! https://www.payrollvault.com/ Check out our December News from the Vault Newsletter!
Federal Law Alert
IRS Employee Retention Credit: What Businesses Need to Know
News from the Vault - December 2023 Payroll Vault Newsletter
It happened; Colorado voters passed Amendment 70. It was close at almost a 50/50 split. The changes are scheduled to go into effect January 1, 2017 and will incrementally increase minimum wage annually $0.90 until it caps in 2020 at $12.00/hour. There were varying opinions and concerns from business owners about how this will affect their pricing structure, buying power, and their ability to keep …
On November 22, a federal judge in Texas, District Court Judge Mazzant blocked the Department of Labor’s Overtime Rule Change from taking effect on the proposed date of December 1. The judge agreed with arguments posed from states and business groups and issued an ’11th hour’ injunction that prevents the rule from being implemented on December 1.
New overtime rules affecting millions of American workers are slated to take effect later this year.
With health care reform comes more stringent rules. Increasing regulations forced upon business owners only makes it harder to operate. Take advantage of experts around you and outsource your payroll to a payroll company that knows the regulations and can keep you in compliance.
