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Learn MoreWith year-end approaching, payroll and finance teams should review whether the IRS’s optional special accounting rule makes sense for certain taxable noncash fringe benefits. The rule lets employers treat benefits provided during November and December (or a shorter period within…
A New Jersey drywall installer must pay $725,000 after failing to pay 48 workers overtime for pre-shift work performed while they waited for transportation to job sites. The U.S. Department of Labor’s (DOL) Wage and Hour Division found P &…
The Department of Labor recently issued a bulletin withdrawing three opinion letters that led to the 80/20 rule for tipped employees. The rule generally barred employers from claiming the tip credit for time that tipped employees spent on related, non-tip-producing…
The IRS’s FIRE system will take its last information return at 3 p.m. ET on Nov. 19. Starting with the 2027 filing season, the Information Returns Intake System (IRIS) will replace FIRE for e-filing returns, including 1099s, 1098s and W-2Gs…
Pennsylvania employers face a three-year window for employees to sue over unpaid minimum wages or overtime under state law, rather than the six years a trial court previously allowed. The ruling came in a case involving 20 pharmacy employees seeking…
Required preshift tasks – and whether employees are paid for them – are at the center of a former hospital nurse’s wage dispute. Chestnut Hill Hospital required nurses to change into surgical scrubs by 7 a.m. for a morning huddle.…
Employers have an extra day to furnish W-2s to employees and file them with the Social Security Administration. The usual Jan. 31 deadline falls on a Sunday in 2027, so the due date for 2026 Forms W-2 moves to Monday,…
Payroll usually pays the hours recorded on time clocks – but requiring employees to arrive early can create a pay obligation before they even punch in. That’s the issue in a recent wage dispute, alleging violations of the Fair Labor…
When daylight saving time ends, employees on the clock when the time changes at 2 a.m. pick up an additional hour. Payroll teams need to make sure that hour is credited and paid this run. This year, the clocks fall…
A California company closed without warning or final paychecks just over a decade ago. Now, its owner has paid nearly $2 million after years of state wage enforcement efforts. The state's Labor Commissioner’s Office recovered the money for 136 former…
Effective Jan. 1, 2027, Montana’s minimum wage rises 35 cents to $11.20 an hour under the state’s annual cost-of-living adjustment. The state Department of Labor & Industry has updated its minimum wage and overtime poster, available in English and Spanish,…
On Oct. 13, the U.S. Supreme Court declined to review Merritt v. Texas Farm Bureau. The denial leaves in place a Fifth Circuit ruling that a company owed no overtime pay to a misclassified worker because it didn’t know he…
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.
