Montana Modifies Taxation of Tipped Income

Effective Jan. 1, 2024, tipped income will become taxable in the state of Montana. The details: Under current law, effective through Dec. 31, 2023, tipped income is not considered taxable income for Montana state income tax purposes. The current version of Montana 15-30-2501 (Montana ...

Colorado requires new annual notice - Updated

Update The Colorado Department of Revenue has released a model notice to satisfy the notice requirement. Colorado employers should review the model notice instructions carefully and distribute the notice to employees ...

California To Raise Minimum Wages for Healthcare Workers

California has enacted Senate Bill 525 (SB 525) which establishes a tiered minimum wage rate system for healthcare workers. The Details: The scope of SB 525 is extensive and includes nearly all healthcare facilities operating in California including hospitals, licensed skilled nursing ...

Illinois - Chicago To Phase Out Tipped Minimum Wage

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 ...

Pension Plan Limitations for 2024 Provided by IRS

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. The Details: A summary of the 2024 pension limitations as compared to 2023 is below: Plan ...

2024 Federal Contractor Minimum Wage Increase Announced

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. The ...

Veterans Day holiday payroll schedule

ADP® would like to remind you that Saturday, Nov. 11, 2023 is Veterans Day and a bank holiday.ADP, the Federal Reserve, and most banks will be open Friday, Nov. 10, 2023. To ensure timely employee direct deposits we ...

Santander Bank: In-Branch Check Cashing Changes Effective Oct. 30, 2023

This notice is to let you know that some of your ADP® payroll checks are drawn on a Santander Bank account today for employees coded to Massachusetts SUI. ...

Oregon Bolsters Worker Protections from Hazardous Conditions

Oregon has enacted legislation (Senate Bill 907), which further protects employees from hazardous work conditions. Senate Bill 907 takes effect on Jan. 1, 2024. The details Senate Bill 907 prohibits employers from firing, discriminating against or not hiring an employee or candidate who ...

Massachusetts Employees May Supplement Paid Family Leave with PTO

Employees receiving Paid Family and Medical Leave (PFML) benefits in Massachusetts are entitled to supplement their PFML benefits with available accrued paid leave. The change is effective for PFML applications filed on or after Nov. 1, 2023. The state also announced that the contribution rate ...

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