A rule that hadn't changed since 1954 may be getting an update. The IRS has proposed eliminating the 1099 filing requirement for payments under $2,000, with the threshold rising with inflation every year going forward -- if the rule is…
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Learn MoreA rule that hadn't changed since 1954 may be getting an update. The IRS has proposed eliminating the 1099 filing requirement for payments under $2,000, with the threshold rising with inflation every year going forward -- if the rule is…
The minimum wage for certain federal contractors increased to $13.65 per hour on May 11, 2026. The tipped cash wage rose to $9.55. Here are the details. First, it's important to clarify that the rate change applies to federal contracts…
The Department of Labor (DOL) has finalized a technical amendment restoring the 2019 overtime salary threshold to the Code of Federal Regulations (CFR) following two federal court decisions that invalidated the 2024 rule. For payroll teams, the amendment closes the…
A physical therapy and rehabilitation clinic in Hawaii recently learned an expensive lesson about overtime compliance after a federal investigation found it shortchanged 32 employees. The U.S. Department of Labor's (DOL) Wage and Hour Division investigated First Physical & Functional…
A new joint employer rule is on the table. The DOL's proposed standard could determine when your organization shares liability with another employer under the Fair Labor Standards Act (FLSA), the Family and Medical Leave Act (FMLA) and the Migrant…
An Oregon restaurant recently learned a costly lesson about overtime and tip pool rules after a federal investigation found it had shortchanged 19 employees. The U.S. Department of Labor's (DOL) Wage and Hour Division investigated Taste of India 1, a…
Wisconsin's new earned wage access (EWA) law puts a price ceiling on what providers can charge employees for each advance. Payroll teams offering EWA as a workplace benefit should confirm their vendor is set up for compliance under the new…
At first glance, Trump Accounts look like a low-cost win: tax-free, $2,500 per employee, good optics. But heads up -- the fine print is enough to force a real conversation with Finance, HR, and Payroll before you make a decision.…
Two jurisdictions face potential 2026 Federal Unemployment Tax Act (FUTA) credit reductions. If you operate in either one, your FUTA tax rate could be higher than the standard 0.6% net rate most employers pay. The 2026 FUTA Credit Reduction Jurisdictions…
Missed payroll is more than a cash flow problem – it's a federal wage violation. A Newport Beach construction contractor learned that the hard way; it was ordered to pay $468,505 after the DOL found 137 workers went without pay…
The Treasury Department and Internal Revenue Service (IRS) released proposed regulations for the new 1% excise tax on remittance transfers created by the One Big Beautiful Bill Act (OBBBA), effective Jan. 1, 2026. The tax applies when a customer (sender)…
Hospitality employers in California take note: Several cities in The Golden State have minimum wage increases for hotel employees soon taking effect. In addition to the new pay rates, some ordinances impose benefit, accrual and notice requirements. Here’s how the…
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.