IRS announces 2023 benefit plan contribution limits Tuesday, November 1, 2022 | Compliance Corner On Oct. 18, 2022, the Internal Revenue Service (IRS) announced via Revenue Procedure 2022-38 the dollar limitation for 2023 on employee salary reductions for contributions to health flexible spending accounts; the monthly limitation regarding the aggregate fringe benefit exclusion amount for transportation in a commuter highway vehicle and any transit pass; and the maximum amount that can be excluded from an employee’s gross income for the amounts paid for qualified adoption expenses furnished pursuant to an adoption assistance program.
Federal contractor minimum wage increase announced Tuesday, November 1, 2022 | Compliance Corner 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 its employees who are performing work on or in connection with certain covered federal contracts.
Dept. of Labor proposes new independent contractor test Tuesday, November 1, 2022 | Compliance Corner The U.S. Department of Labor (DOL) has published a proposed rule that would change the test for determining whether a worker is an employee or independent contractor under the Fair Labor Standards Act (FLSA) and rescind and replace the current 2021 rule.
Student Loan Relief Extended Through Dec. 31, 2022 Monday, October 3, 2022 | Compliance Corner On Aug. 24, 2022, President Biden announced an extension of the pause on student loan repayment through December 31, 2022, along with a plan to forgive a certain amount of student loan debt for certain individuals.
Appeals court rules gender dysphoria protected under ADA Monday, October 3, 2022 | Compliance Corner The U.S. Court of Appeals for the Fourth Circuit has ruled that the Americans with Disabilities Act (ADA) protects individuals with gender dysphoria. The ruling applies in the states of Maryland, North Carolina, South Carolina, Virginia and West Virginia.
Puerto Rico enacts new law on remote workers of out-of-state employers Tuesday, August 30, 2022 | Compliance Corner The Governor of Puerto Rico has signed into law Act 52-2022 (the “Act”) stipulating that beginning after Dec. 31, 2021, out-of-state businesses with remote workers in Puerto Rico will not be considered “engaged in industry or business in Puerto Rico.”
EEOC updates guidance on COVID-19 testing & related issues Tuesday, August 2, 2022 | Compliance Corner This notice is to inform you that the U.S. Equal Employment Opportunity Commission (the EEOC) has updated its guidance on conducting COVID-19 tests on employees and on certain other pandemic-related issues.
Roe v. Wade Overturned: Employer Considerations Tuesday, July 5, 2022 | Comprehensive Service (News) The U.S. Supreme Court has held in Dobbs v. Jackson Women’s Health Organization, No. 19-1392 (June 24, 2022) that there is no federal protection of abortion rights, overturning nearly 50 years of precedent from the Court’s decision in Roe v. Wade and Planned Parenthood Pennsylvania v. Casey on the issue. The ruling now enables each state to set its own legal requirements regarding abortions.
IRS Adjusts Business Use Mileage Reimbursement Rate Mid-Year Tuesday, July 5, 2022 | Comprehensive Service (News) The Internal Revenue Service (IRS) has announced an adjustment to rates used to calculate the deductible costs of operating an automobile for business purposes for calendar year 2022.
Automatic extension period for certain employment authorizations increased Friday, May 27, 2022 | Comprehensive Service (News) U.S. Citizenship and Immigration Services (USCIS) has announced that the automatic extension period for certain employment authorizations and employment authorization documents (EADs) has been temporarily increased from 180 days to 540 days. The extension period is provided to certain renewal applicants to help prevent gaps in employment authorization due to delays in processing.