When the Consolidated Appropriations Act of 2023 was signed into law late last year, it included several provisions affecting retirement savings plans. These provisions, collectively referred to as SECURE 2.0, offer many new benefits to employers and employees that are designed to make it more ...

The Internal Revenue Service (IRS) via Revenue Procedure 2023-23 has released the inflation-adjusted contribution limitations for calendar year 2024 in relation to health savings accounts (HSAs) and high-deductible health plans (HDHPs).   These limits are indexed for inflation and ...

Recently the Internal Revenue Service (IRS) released a Chief Counsel Memo confirming its long-standing position that all flexible spending account (FSA) expenses must be substantiated.  The Details:  Health FSA claims must be substantiated with two items: 1.     ...

The Department of Homeland Security (DHS) is reminding employers that the temporary policy that allowed employers to inspect Form I-9 documents remotely in certain situations related to COVID-19 will end on July 31, 2023. DHS also announced that employers will have until August 30, 2023 to ...

The U.S. Department of Labor’s Office of Federal Contract Compliance Programs (OFCCP) has released a revised Voluntary Self-Identification of Disability Form (CC-305). Federal contractors must implement the new form by July 25, 2023. The details By way of background, federal ...

ADP® would like to remind you that Memorial Day, Monday, May 29, 2023 is a bank holiday. The Federal Reserve will be closed as will ADP’s offices.  To ensure timely employee direct deposits we recommend you accept and approve your payroll 48 business hours prior to pay date ...

New York City (N.Y.C) has issued a Final Rule on Automated Employment Decision Tools (AEDTs). The date of enforcement is now July 5, 2023. The Details Beginning on July 5, 2023, an employer or employment agency (employer) that uses an Automated Employment Decision Tool (AEDT) to ...

At Globalization Partners / G-P, we believe that your next hire should be wherever opportunity takes you. That's why we pair our industry-leading technology with our in-region HR and legal experts to help growing companies unlock their full potential. We make it possible to build highly skilled ...

The State of Washington has released information to assist employers in meeting their requirements under the Washington Cares Act. Background Washington's long-term care benefits program, "WA Cares," was set to begin on January 1, 2022. Under the program, employers were to deduct a .58 percent ...

Virginia has enacted Senate Bill 1040 (SB 1040) which restricts the use of an employee’s social security number (SSN) on an identification card or access badge. The Details:  SB 1040, effective July 1, 2023, states in part as follows: “No employer shall (i) use an employee's ...