Federal Alerts
Thursday, November 2, 2023
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Federal Compliance Update
California has enacted Senate Bill 525 (SB 525) which establishes a tiered minimum wage rate system for healthcare workers.
Thursday, November 2, 2023
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Federal Compliance Update
The Chicago City Council has voted to phase out the tip credit that employers are currently allowed to use when paying tipped employees. Historically, Chicago allowed employers to pay tipped employees at a rate below the city's minimum wage, provided the tips received bring the worker’s earnings to at least the full minimum wage.
Thursday, November 2, 2023
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Federal Compliance Update
On Nov. 1, 2023, the Internal Revenue Service (IRS) announced via Notice 2023-75, the cost-of-living adjustments applicable to dollar limitations for pension plans and other items for tax year 2024.
Thursday, November 2, 2023
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Federal Compliance Update
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 their employees who are performing work on or in connection with certain covered federal contracts.
Monday, October 30, 2023
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Federal Compliance Update
On Oct. 12, 2023, the Social Security Administration (SSA) announced the 2024 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.
Monday, October 30, 2023
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Federal Compliance Update
The Internal Revenue Service (IRS) released Notice 2023-70, which establishes the applicable dollar amount for policy and plan years ending on or after Oct. 1, 2023, and before Oct. 1, 2024, in relation to the Patient-Centered Outcomes Research Institute (PCORI) fee established under the Affordable Care Act (ACA).
Tuesday, October 3, 2023
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Federal Compliance Update
The U.S. Equal Employment Opportunity Commission (EEOC) has announced that it will begin accepting EEO-1 reports for 2022 via its portal on Oct. 31, 2023. The deadline to file the report is Dec. 5, 2023.
Tuesday, October 3, 2023
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Federal Compliance Update
The U.S. Equal Employment Opportunity Commission (EEOC) has announced that it will begin accepting EEO-1 reports for 2022 via its portal on Oct. 31, 2023. The deadline to file the report is Dec. 5, 2023.
Wednesday, September 27, 2023
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Federal Compliance Update
The National Labor Relations Board (NLRB) has adopted a new standard for determining whether an employer’s policy violates Section 7 of the National Labor Relations Act (NLRA). The NLRB began applying the standard immediately.
Tuesday, September 5, 2023
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Federal Compliance Update
On Aug. 25, 2023, the U.S. Treasury Department and the Internal Revenue Service (IRS) issued Notice 2023-62, Guidance on Section 603 of the SECURE 2.0 Act with Respect to Catch-Up Contributions.