The following states or localities have recently announced new minimum wage increases.

The following states or localities have recently announced new minimum wage increases.

ADP TotalSource® would like to remind you that most banks will be closed on Friday, Nov. 11, 2022 in observance of Veterans Day.

Employers with an average of at least 50 full-time employees (including full-time equivalents) in the prior calendar year (2021) (“Applicable Large Employers” or “ALEs”) need to file ACA Forms 1094-C and 1095-C with the IRS. 

The U.S. Department of Labor (DOL) has published a proposed rule that would change the test for determining whether a worker is an employee or independent contractor under the Fair Labor Standards Act (FLSA) and rescind and replace the current 2021 rule.

The United States Department of Labor (DOL) has announced increases to the minimum wages that federal contractors covered under Executive Orders (EO) 13658 and 14026 must pay its employees who are performing work on or in connection with certain covered federal contracts.  

On Oct. 18, 2022, the Internal Revenue Service (IRS) announced via Revenue Procedure 2022-38 the dollar limitation for 2023 on employee salary reductions for contributions to health flexible spending accounts; the monthly limitation regarding the aggregate fringe benefit exclusion amount for transportation in a commuter highway vehicle and any transit pass; and the maximum amount that can be excluded from an employee’s gross income for the amounts paid for qualified adoption expenses furnished pursuant to an adoption assistance program.

On Oct. 13, 2022, the Social Security Administration (SSA) announced the 2023 wage base. The annual wage base limit is the maximum amount of employee wages that are subject to the social security tax for the calendar year.

The Department of Homeland Security (DHS) has announced that employers should continue using the current Form I-9 (Employment Eligibility Verification) until further notice. Separately, the DHS announced that employers will be allowed to inspect Form I-9 documents remotely in certain situations related to COVID-19 until July 31, 2023. Prior to the announcement, this temporary policy was set to expire on Oct. 31, 2022.

California has enacted legislation (Assembly Bill 2188) that prohibits employers from discriminating against individuals because of their use of cannabis while off duty. Assembly Bill 2188 takes effect on Jan. 1, 2024.