One of President Donald Trump’s 2024 campaign messages was a promise to implement a no-tax-on-tips and no-tax-on-overtime law. On July 3, 2025, the U.S. Congress passed the “One Big Beautiful Bill,” and President Trump signed...more
7/10/2025
/ Fair Labor Standards Act (FLSA) ,
FICA Taxes ,
Income Taxes ,
Internal Revenue Code (IRC) ,
IRS ,
New Legislation ,
Over-Time ,
Reporting Requirements ,
Tax Deductions ,
Tax Reform ,
Tipped Employees ,
Tips ,
Trump Administration
The Internal Revenue Service (IRS) has released new guidance on the federal income and employment tax treatment of contributions and benefits paid under state paid family and medical leave (PFML) statutes. This guidance also...more
2/4/2025
/ Employee Benefits ,
Employment Tax ,
Federal Taxes ,
Income Taxes ,
Internal Revenue Code (IRC) ,
IRS ,
Medical Leave ,
New Guidance ,
Paid Family Leave Law ,
Payroll Deductions ,
Reporting Requirements ,
SALT
With tax day quickly approaching on April 15, 2024, employers in Pennsylvania may want to take note of a December 2023 state tax law that might have flown under the radar. The law made employee contributions to...more
4/8/2024
/ Department of Revenue ,
Dependent Care ,
Dependent Care Assistance Program (DCAP) ,
Employee Contributions ,
Flexible Spending Accounts ,
Income Taxes ,
Internal Revenue Code (IRC) ,
IRS ,
Retroactive Application ,
Tax Deductions ,
W-2
New Jersey enacted Assembly Bill No. 4694 on July 21, 2023, adding a “convenience of the employer” rule in an effort to gain tax revenues from nonresidents assigned to a primary work location in New Jersey who work outside...more