Should you withhold child support from a bonus or other lump-sum payment you’re about to make to an employee? You’ll be able to get an answer to that question from your state child support agency more quickly than in the…
News
The Department of Labor (DOL) is once again taking a neutral stance on offering a certain investment option to retirement plan participants: crypto. During the Biden administration, the DOL issued Compliance Assistance Release 2022-01, warning 401(k) plan fiduciaries against cryptocurrencies.…
While the IRS can assess penalties under the Affordable Care Act (ACA), it can’t issue the certifications required beforehand, a court has ruled. Those certifications must come from the Dept. of Health and Human Services (HHS), according to a federal…
A recent $3 million jury verdict shows how costly retaliation can be when employee concerns aren’t handled properly. For finance leaders, the case reinforces the need for audit-ready escalation channels and coordinated risk oversight. Learning from these missteps can help…
The rollercoaster ride continues as federal regulators reevaluate the current overtime rule and what it means to meet the salary level test. In 2024, the Biden administration's Dept. of Labor (DOL) finalized a rule that aimed to dramatically increase the…
A Coast Guard reservist who is also a federal employee was entitled to differential pay while on active duty, the Supreme Court has ruled. In a 5-4 decision, the nation’s highest court rejected the Justice Department’s argument that a federal…
The IRS has announced updated health savings account (HSA) contribution limits and high-deductible health plan (HDHP) parameters for 2026, reflecting standard inflation adjustments. 2026 HSA Contribution Limits For 2026, employees will be able to contribute slightly more to their HSAs.…
In April 2025, U.S. Citizenship and Immigration Services (USCIS) released an updated version of Form I-9, Employment Eligibility Verification. Shortly thereafter, E-Verify and E-Verify+, which also fall under the purview of the Department of Homeland Security (DHS), underwent minor changes…
When commission structures go wrong, the financial impact can be far-reaching. Oracle’s recent $15.5 million settlement highlights the hidden risks in commission wage practices and serves as a cautionary tale for finance leaders. What may seem like an administrative oversight…
A $40,000 payout over a leave policy breakdown shows how quickly compliance risk can turn into a financial problem that finance teams are left to manage. That’s what happened when a Maryland plant nursery told an employee attempting to return…
Employers should be aware the federal law that protects veterans and service members has been amended by a new law, making the stakes higher. The Senator Elizabeth Dole 21st Century Veterans Healthcare and Benefits Improvement Act was enacted early in…
After more than a year, the IRS has made changes to Form 1099-MISC, Miscellaneous Information, and Form 1099-NEC, Nonemployee Compensation. While changes used to occur annually, now the forms are “continuous use,” meaning the IRS revises them only when needed.…
