The Internal Revenue Service (IRS) published Publication 503 for use in preparing 2022 tax returns, which describes the tests a taxpayer must meet in order to claim the credit for child and dependent care expenses and explains how to calculate and claim the credit. The Details: Under the ...

The Internal Revenue Service (IRS) has released the latest version of Publication 502, which describes what medical expenses are deductible by taxpayers on their 2022 federal income tax returns. This publication provides guidance on what qualifies as a medical expense under Code § 213(d) ...

We want to inform you that as an employer in Albany County, New York, you are now required to disclose expected pay ranges in job postings under a new pay transparency law (Local Law “E” for 2022). The law will take effect on March 9, 2023. Local Law “E” for 2022 As a ...

Minnesota has enacted legislation that expressly prohibits discrimination against individuals based on traits associated with race, such as hair texture and hairstyles like braids, locs, and twists. The legislation (House File 37) takes effect August 1, 2023. The Details The Minnesota ...

Bloomington, Minnesota has amended an ordinance that will require employers in the city to provide sick leave to employees. The ordinance will still take effect July 1, 2023. The Details Background Under the ordinance, employers with five or more employees (regardless of location) must ...

We want to let you know about how San Francisco has enacted an ordinance that will require employers with 100 or more employees to provide supplemental pay for military leave. The details Effective Feb. 19, 2023, private employers with 100 or more employees worldwide must pay employees who are ...

The Puerto Rico Department of Treasury (Departmento de Hacienda) issued a circular letter (CC RI 23-01) with the applicable Pension Plan Contribution and Catch-up Limits beginning on or after Jan. 1, 2023 as shown below.   Note: For Tax Year 2023, the pension plan contribution limits for ...

Governor Phil Murphy has signed Assembly Bill 4768 into law, which significantly amends New Jersey’s WARN Act (NJ WARN). Assembly Bill 4768 is set to take effect on April 10, 2023. Background Covered employers in New Jersey must comply with NJ WARN and the Federal WARN Act when ...

The Illinois Department of Labor (IDOL) has published final regulations to implement a requirement for Illinois employers with 100 or more employees to obtain an Equal Pay Registration Certificate (EPRC). The Details Background By way of background, the Illinois Equal Pay Act (IEPA) was ...

Colorado’s public health emergency leave (PHEL) requirement no longer applies to the flu, respiratory syncytial virus (RSV), and similar respiratory illnesses, according to guidance issued by the Colorado Department of Labor and Employment (CDLE). Beginning Jan. 8, 2023, the PHEL ...