Get access to hundreds of financial resources as an RFP INSIDER
Learn MoreTreasury and the IRS have issued proposed regulations outlining requirements for employer Trump Account contribution programs. Trump Accounts are a new type of individual retirement account for certain individuals under age 18. Since July 4, 2026, employers have been permitted…
New Jersey's Employer Response Portal for unemployment separation reporting is now live, under P.L. 2022, c. 120 (S2357). Employers must report every employee separation to the Division of Unemployment Insurance within seven days of the separation date, or within seven…
Federal and state laws tend to dominate compliance discussions, but local ordinances carry serious financial consequences, too. Case in point: The City of Seattle’s Office of Labor Standards (OLS) recently announced its second-largest enforcement action ever – a nearly $4.4…
Employee misclassification can create liability that follows the business. Case in point: New Jersey has reached a settlement with STG Logistics over allegations that the company and its predecessor misclassified hundreds of truck drivers as independent contractors. New Owner Assumed…
A recent Seventh Circuit court ruling focuses on a key overtime calculation issue for payroll: Which premiums belong in the regular rate of pay? For a Wisconsin employer, certain pay differentials and incentive premiums had to be included before calculating…
Connecticut employers must include a wage or a good-faith wage range and a general description of benefits in public and internal job postings under Public Act 26-12, signed by Gov. Ned Lamont on May 11, 2026. The requirement takes effect…
Gov. J.B. Pritzker signed HB 4844, which requires Illinois employers with more than 25 employees to pay workers their regular rate of pay for time spent serving on jury duty. The law takes effect Jan. 1, 2027. Before this law,…
Employers have new details on how to report qualified overtime compensation on 2026 Forms W-2. On Aug. 6, the IRS issued updated guidance in Fact Sheet FS-2026-13, which supersedes the version published in January. Qualified Overtime Remains Subject to Withholding…
The Department of the Treasury and the Internal Revenue Service (IRS) have issued new guidance on the paid family and medical leave tax credit, but the change is more than a tax-planning issue. For some employers, it could reduce the cost…
Field-based roles raise unique FLSA compliance questions, including whether an employer must pay for work tasks performed before or during the commute to the first job site. A recent DOL opinion letter addressed the issue. The question came from a…
As employers plan 2027 pay budgets, modest pay increases can mask the tougher challenge ahead: determining where those dollars will have the greatest impact and ensuring the investment delivers value. In Payscale’s 11th annual Salary Budget Survey, nearly a third…
What happens when an employee works 50 hours per week, but payroll makes it look like 25 hours for each of two companies to avoid overtime premiums? That was the setup allegedly devised by the owner of two janitorial companies…
Resourceful Finance Pro, part of the Rover Insights Network, provides the latest Finance and employment law news for Finance professionals in the trenches of small-to-medium-sized businesses. Rather than simply regurgitating the day's headlines, Resourceful Finance Pro delivers actionable insights, helping Finance execs understand what Finance trends mean to their business.
