DOL and IRS team up to fight crooked employers
Heads up: The Department of Labor (DOL) just took some major steps that should make it easier to root out organizations that misclassify workers to avoid providing certain employment protections – like overtime.
DOL Secretary Hilda L. Solis hosted a ceremony where the IRS and 11 state agency leaders – representing seven states – signed memorandums of understanding with the DOL’s Wage and Hour Division and, in some cases, its Employee Benefits Security Administration and other agencies.
The memorandums of understanding will enable the DOL to share info and coordinate enforcement efforts with the IRS and participating states (CT, MD, MA, MN, MO, UT and WA). The information sharing between agencies and states is meant to make it easier for the DOL to prevent employee misclassification and make sure workers receive all of the protections they’re entitled to under federal and state law.
Info: http://1.usa.gov/irs406
Free Training & Resources
White Papers
Provided by Anaplan
White Papers
Provided by Anaplan
Further Reading
When a natural disaster hits, you’ll be focused on ensuring your people and property are safe. Details like tax deadlines may not be ...
Beware of auto pilot when issuing expense reimbursement checks to employees. Some, or all, of the money may technically be wages instead. ...
For most employers nationwide, the new salary threshold for who’s exempt from the federal overtime and minimum wage requirements took eff...
The Department of Labor (DOL) has released its final overtime rule, bringing mid-year changes and a higher-than-expected salary level incre...
As finance and HR leaders develop 2026 salary budgets, errors in payroll execution can quickly undermine the impact of planned pay raises. ...
To prevent tax levies, employees may enter into voluntary agreements with IRS to repay what’s owed. That means Payroll may end up withhol...