Compliance Corner

California Raises Minimum Pay for Overtime Exemptions for 2026

Monday, January 5, 2026
|
California
The California Department of Industrial Relations has announced an increase in the pay rates that computer software employees, physicians and Administrative, Professional, and Executive Employees must receive in order to be exempt from overtime pay.

Treasury, IRS Provide Guidance for Tax Year 2025 for Individuals Claiming Deductions for Qualified Overtime and Qualified Tips

Monday, January 5, 2026
|
Federal Compliance Update

The Department of the Treasury (Treasury) and the Internal Revenue Service (IRS) issued Notice 2025-69 (Notice 2025-69 or the Notice) on Nov.  21, 2025. The Notice offers guidance to individuals for claiming deductions for qualified overtime and qualified tips for tax year 2025. This guidance applies to new deductions for overtime and tips included in H.R. 1, The One Big Beautiful Bill Act (the Act), which was signed into law on July 4, 2025.  Review the details here

Minneapolis Amends Sick Leave Law

Wednesday, December 3, 2025
|
Minnesota
Minneapolis has enacted amendments to its sick leave law. Many of the changes are intended to align city requirements with state requirements.

Treasury, IRS Provide Penalty Relief for Tax Year 2025 for Information Reporting on Tips and Overtime Under the One Big Beautiful Bill Act

Tuesday, December 2, 2025
|
Federal Compliance Update
The Department of the Treasury (Treasury) and the Internal Revenue Service (IRS) issued Notice 2025-62 (the Notice) on November 5, 2025. The Notice offers transition-year penalty relief to employers, payroll services providers, and third-party settlement organizations (TPSOs) for tax year 2025 regarding new information reporting requirements under H.R. 1, “The One Big Beautiful Bill Act” (the Act), which was signed into law on July 4, 2025.

Additional guidance tipped occupations (including possible updates to the list of Treasury tipped occupation codes) and the exclusion for specified service trade or business will be released by the Internal Revenue Service (IRS) in the future.

Review the details here.


First34568101112Last