Monday, January 5, 2026
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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 November 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.
Monday, December 1, 2025
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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 with respect to individual taxpayers, 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.
Monday, December 1, 2025
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Federal Compliance Update
Pension Plan Limitations for 2026 have been released by the IRS. The 401(k)-contribution limit is increased to $24,500. Any individual making $150,000 or more in FICA wages in 2025 must make catch-up contributions in 2026 on a post-tax basis (Roth).
Monday, December 1, 2025
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Federal Compliance Update
On Oct. 9, 2025, the Internal Revenue Service (IRS) announced via Revenue Procedure 2025-32 the dollar limitation for 2026 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.
Wednesday, November 5, 2025
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Federal Compliance Update
The Department of Homeland Security (DHS) recently posted an update to the E-Verify site indicating that the E-Verify application is now operational.
Tuesday, November 4, 2025
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Federal Compliance Update
On Oct. 24, 2025, the Social Security Administration (SSA) announced the 2026 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 2026 social security wage base will be $184,500, which is an increase of $8,400 from $176,100 in 2025.
Tuesday, November 4, 2025
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Federal Compliance Update
On Oct. 29, 2025, the U.S. Department of Homeland Security (DHS) announced an Interim Final Rule (IFR) to end the practice of automatically extending the validity of certain EADs when a renewal application for employment authorization was timely filed.
Wednesday, October 1, 2025
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Federal Compliance Update
With the government shutdown that occured at midnight on Sept. 30, 2025, we have outlined key areas of potential impacts to your HR operations, along with important employer obligations.
Friday, September 26, 2025
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Federal Compliance Update
The H-1B visa program allows US employers to hire foreign workers in specialty occupations requiring highly specialized knowledge. Before the Proclamation took effect, private employers would submit a $780 fee to sponsor a petition along with additional fees of approximately $1,800 to $2,600. The government holds an annual lottery to select those workers who will gain the visa.