One of the fastest trending topics in the employment and taxation blogosphere in recent weeks has been the passage of the One Big Beautiful Bill Act (OBBBA), which, among other provisions, allows for a tax deduction of up to...more
7/29/2025
/ Corporate Counsel ,
Employer Responsibilities ,
Fair Labor Standards Act (FLSA) ,
Federal Taxes ,
New Legislation ,
One Big Beautiful Bill Act ,
Over-Time ,
Reporting Requirements ,
State Taxes ,
Tax Deductions ,
Taxation ,
Wage and Hour
As we previously wrote and reminded readers, in April 2024, the Department of Labor (DOL) issued a final rule (the “2024 Rule”) increasing the standard salary level necessary to qualify for one of the executive,...more