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Learn MoreA recent payroll tax fraud sentencing in Pennsylvania shows how off-the-books wage practices can expose a business to criminal charges and liability that grows until it threatens solvency. In this case, a Lancaster County restaurant owner and his two sons…
California’s latest misclassification penalty provides a costly reminder: Once contractor oversight starts resembling employee management, financial risk lands squarely on the books. When regulators conclude a company has operational control over contractors, liabilities escalate rapidly – moving penalties and back…
The IRS recently announced changes to retirement plan numbers for next year, putting your year-end prep in high gear. The 401(k) plan salary deferral limit will bump up to $24,500 (currently $23,500). How about the salary deferral limit for 403(b)…
Target will pay $4.6 million to settle a wage claim that accused the company of failing to pay warehouse employees for time spent walking to and from their workstations before and after shifts to complete required security screenings. The class-action…
Regulators are intensifying audits of worker misclassification, elevating it from an administrative detail to a recurring financial risk. Case in point: A recent $10 million California judgment shows how classification errors translate directly into penalties and unplanned costs. State Enforcement…
Federal shutdown headlines dominate business coverage, but finance teams are focused on the practical fallout – revising project schedules, reworking budgets, and tightening spending plans as uncertainty drags on. The Congressional Budget Office (CBO) has released new analysis putting hard…
Time to update your systems: SSA has announced the 2026 Social Security taxable wage base. Next year’s number will increase to $184,500 – that’s $8,400 more than the current amount of $176,100. So, the official projection released earlier this year…
A $900,000 settlement in Washington highlights the financial impact of pay transparency penalties when employers fail to include required pay information in job postings. In this case, several Domino’s Pizza franchisees were accused of violating Washington’s pay transparency law by…
Is your company a joint employer, subject to trickier overtime compliance issues? If you don't ask that question, employees might do it for you. Case in point: An employee recently contacted the Department of Labor (DOL), asking for guidance on…
The U.S. Chamber of Commerce is suing to block the Trump administration’s new $100,000 fee on H-1B visas, arguing it would drive up labor costs and limit access to global talent. For most employers, it’s an unbudgeted expense – a…
An employee who says his employer withheld overtime pay has recovered about $3,700 so far – but he is fighting to get much more. For finance teams, the case shows that depending on state law, the cost for violating applicable…
A newly filed FLSA misclassification lawsuit in Massachusetts could have financial implications for FedEx, as it accuses the package delivery company of neglecting its legal duty to pay drivers overtime. The suit essentially asserts that FedEx created the independent service…
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.
