Legislative News

New DOL Guidelines: Employee vs. Independent Contractor Classification

2024-02-02T21:17:56-05:00February 2nd, 2024|2024, Human Resources, Labor News, Legislative News|

The U.S. Department of Labor (DOL) has recently issued final guidance on differentiating between employees and independent contractors under the Fair Labor Standards Act (FLSA). The DOL Independent Contractor Rule, crucial for businesses in the automotive industry, including carwashes, [...]

2024 Health Care Horizon: Navigating Legislative and Regulatory Changes

2024-02-01T19:28:53-05:00January 24th, 2024|2024, Employee Benefits Legislation, Health Care, Health Care Reform, Legislative News|

As 2024 unfolds, Congress faces a narrowing timeframe to enact significant health initiatives. The fiscal year's spending bills offer a crucial opportunity for legislation. The process faces two key deadlines: the first when four annual appropriations bills expire on [...]

IRS Raises Retirement Savings Limits for 2024

2023-12-19T15:57:20-05:00November 2nd, 2023|2023, Benefits Administration, Employee Benefits, Employee Benefits Legislation, Legislative News, Retirement Plan|

The IRS has released its annual guidance on inflation adjustments for retirement provisions in 2024. The key updates include: For 401(k) and similar defined contribution plans, the contribution limit for participating employees will rise to $23,000 from $22,500. The [...]

Labor Update: Labor Department Proposes New Overtime Salary Threshold

2023-10-05T13:13:00-04:00October 2nd, 2023|2023, Benefits Administration, Employee Benefits, Employee Benefits Legislation, Labor News, Legislative News|

On August 30, the White House proposed a rule through the Department of Labor to extend overtime pay eligibility to an additional 3 million workers. This move echoes an attempt by the Obama administration eight years prior to modify [...]

IRS Update: IRS Announces Two-Year Delay of SECURE 2.0 Act’s Roth Catch-Up Requirement

2023-10-05T13:13:03-04:00August 31st, 2023|2023, Benefits Administration, Employee Benefits Compliance, Employee Benefits Legislation, Legislative News, Retirement Plan|

The IRS has announced a two-year delay of the SECURE 2.0 Act's Roth catch-up requirement, which was set to take effect on January 1, 2024. This means that higher-income employees who are currently eligible to make catch-up contributions to [...]

Legislative News: Connecticut Has Made Significant Changes to its Pass-Through Entity Tax (PET).

2023-10-05T13:13:04-04:00August 29th, 2023|2023, Connecticut News, Labor News, Legislative News, Tax News|

Connecticut has made significant changes to its pass-through entity tax (PET) in recent years. The most recent changes took effect in 2022. The original PET was enacted in 2018 as a way to counter the Tax Cuts and Jobs [...]

The Comprehensive Guide to Trade Associations

2023-12-19T15:58:21-05:00August 1st, 2023|2023, Benefits Administration, Employee Benefits, Employee Benefits Legislation, Legislative News, Retirement Plan|

Trade associations play a pivotal role in strengthening industry sectors by uniting companies around common goals and interests. For businesses in the automotive, roads, and fuel sectors, NARFA stands as an example of how a trade association can be [...]

Labor and Legislative Alert: Federal Pregnant Workers Fairness Act Takes Effect

2023-10-05T13:13:10-04:00June 14th, 2023|2023, Benefits Administration, Employee Benefits, Employee Benefits Compliance, Employee Benefits Legislation, Human Resources, Labor News, Legislative News|

The Pregnant Workers Fairness Act (PWFA) is a federal law that prohibits employment discrimination on the basis of pregnancy, childbirth, or related medical conditions. The PWFA was signed into law by the White House on December 29, 2022, and [...]

Compliance Alert: Form I-9 Flexibilities Ending; Check Documents by August 30

2023-12-19T15:59:25-05:00May 15th, 2023|2023, Benefits Administration, Employee Benefits, Employee Benefits Compliance, Labor News, Legislative News|

As we let you know last October, the end date for the COVID-related I-9 verification flexibility was (and still is) scheduled for July 31, 2023. Given the number of times this deadline had been extended, it seemed possible, though [...]

Labor Update: DOL Clarifies Upcoming Changes to the Form ETA 9089

2023-10-26T13:40:50-04:00April 25th, 2023|2023, Benefits Administration, Employee Benefits, Employee Benefits Compliance, Employee Benefits Legislation, Labor News, Legislative News|

The U.S. Department of Labor (DOL) Office of Foreign Labor Certification (OFLC) recently held webinars to guide users on upcoming changes to the Form ETA 9089. The objective of these changes is to streamline and standardize the information that [...]