EO 13658 a previous order setting a lower minimum wage, was not rescinded. Consequently, effective Jan. 1, 2025, federal contractors covered under EO 13658 must pay at least a minimum wage of $13.30 per hour to non-tipped employees and pay tipped employees at least a minimum cash wage of $9.30 per hour. Generally, EO 13658 pertains to covered contracts that were entered into, renewed or extended prior to Jan. 30, 2022.,

On March 31, 2025, a federal court issued a nationwide order blocking the decision to terminate the 2023 TPS designation for Venezuela. The net effect of the order is to reinstate the Jan. 17, 2025 notice that extended the 2023 TPS designation for Venezuela to Oct. 2, 2026. The order will remain in effect while a decision from the court on the merits of the underlying legal action remains pending. The government could choose to appeal the order.

ADP® will continue to monitor and communicate any future related developments.

On Nov.  1, 2024,  the Internal Revenue Service (IRS) announced via Notice 2024-80, the cost-of-living adjustments applicable to dollar limitations for pension plans and other items for tax year 2025.   

The Department of Homeland Security (DHS) has terminated the 2023 Temporary Protected Status (TPS) designation for Venezuela. Under the termination notice, Venezuela’s TPS status pursuant to the Oct. 3, 2023 designation will be terminated effective April 7, 2025.  However, work authorization and other TPS-related benefits are valid only through April 2, 2025.

The Department of Homeland Security (DHS) has terminated the 2023 Temporary Protected Status (TPS) designation for Venezuela. Under the termination notice, Venezuela’s TPS status pursuant to the Oct. 3, 2023 designation will be terminated effective April 7, 2025.  However, work authorization and other TPS-related benefits are valid only through April 2, 2025.

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.

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.  

Many jurisdictions require employers to provide time off to employees to vote and/or act as an election official. Here are eight key facts about these requirements.

On Oct. 10, 2024, the Social Security Administration (SSA) announced the 2025 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.

U.S. Citizenship and Immigration Services (USCIS) has automatically extended the validity of Permanent Resident Cards (also known as Green Cards) to 36 months for lawful permanent residents who file Form I-90, Application to Replace Permanent Resident Card.

This extension is expected to help applicants who experience longer processing times, because they will receive proof of lawful permanent resident status as they await their renewed Green Card.