On Aug. 16, 2022, the Inflation Reduction Act of 2022 (HR 5376) was signed into law. The Act includes several tax changes, such as a "book-income" corporate alternative minimum tax, enhanced research credit against payroll tax for small businesses, a one percent excise tax on stock ...

Over the past few years, paid sick leave laws have been one of the biggest employment law trends among states and local jurisdictions. The proliferation of these laws can be especially challenging for employers that are subject to multiple laws with differing requirements. Here are answers to ...

Vermont has enacted a law (HB 511) that: (1) eliminates existing civil penalties specific to the possession of up to two ounces of cannabis; and (2) removes criminal penalties with regard to the private cultivation of six marijuana plants by adults who are 21 years or older. The law also imposes ...

Background: In Tze-Kit v. Massachusetts Port Authority, the employer’s sick leave policy provided that, upon termination of employment, eligible employees would receive payment for a percentage of the value of their accrued, unused sick time. The policy further provided for no payment of ...

The Maryland Healthy Working Families Act (Act) requires employers with 15 or more employees to provide earned sick and safe leave paid at an employee’s regular wage rate. This Act went into effect on February 11, 2018.  Frequently Asked Questions: The Maryland Department of ...

Summary: Alaska has enacted legislation repealing Alaska Administrative Code §15.120, which allows employers to pay individuals with disabilities less than minimum wage if determined that the disabled individual would otherwise be deprived of employment opportunity. ...

Private sector employers must file their 2017 Employer Information Report (EEO-1) by March 31, 2018. Covered Employees. All private employers with 100 or more employees and federal government contractors or first-tier subcontractors with 50 or more employees and a contract/subcontract of ...

What is Changing? On January 11, 2018, the Internal Revenue Service (IRS) issued Notice 1036, the “Early Release Copies of the 2018 Percentage Method Tables for Income Tax Withholding” to implement provisions included in the recently enacted Tax Cuts and Jobs Act (the Act), which ...

The Internal Revenue Service has issued Notice 2018-03 providing the 2018 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, and moving purposes.  As of January 1, 2018, the standard mileage rates for the use of a ...

If an employee qualifies, Internal Revenue Service (IRS) Form W-4, Employee’s Withholding Allowance Certificate, is used by the employee to tell their employer not to deduct any federal income tax from his or her wages. To qualify for this exempt status, the employee must have had no tax ...