First-Friday-in-October wrap: Continuing government shutdown fallout, IRS has yet to clarify W-2 reporting for tips/overtime and more
Shutdown update, IRS’ Priority Guidance Plan, PTINs and more to usher in October.
More issues
DOL issues opinion letters addressing FLSA/FMLA compliance
Just so you’d have something to chew on during the government shutdown, the DOL released four opinion letters on Sept. 30 covering FLSA/FMLA compliance. Remember, only the employers requesting the opinion letters may rely on them. They do, however, offer insight into the DOL’s reasoning.
What to know about the government shutdown
The federal government has shut down because Congress has come to an impasse on funding the federal government for its 2025–2026 fiscal year, which begins today. How long will it last? Well, no one knows. Here’s what you need to know.
OBBBA: Figuring out the nuances of overtime pay
The One Big Beautiful Bill Act allows employees who earn federal overtime to deduct the half-time premium on their 1040s. This provision will also have a boomerang effect on company policies. You will soon need to decide whether to keep these policies, which usually work out in your favor, or ditch
November 2025: Employer’s business tax calendar
Here’s your monthly guide to critical payroll due dates.
What employees don’t get about Social Security benefits
Help near-retirees make the right retirement decisions by addressing the most common terms Social Security uses.
Last-Friday-in-September wrap: Direct deposit for refund checks, sneak peek at the 2025 tax tables and more
Paperless refunds, 2025 tax tables, 2026 high-low rates and more as September winds down.
How do your payroll operations stack up?
What do employees think about the payroll process? The conventional wisdom is not a lot, provided they’re paid on time, correctly and in the medium they prefer. Is the C-suite meeting employees’ expectations, and if not, how can you bring about change? The answers to these questions are covered in P
W-2 Wednesdays are back with a splash!
This year’s W-2 reporting will be more challenging, due to new reporting requirements for tips and overtime. Right now, we’re waiting for the IRS to provide transition relief for these items. In the interim, let’s consider whether you must report stipends on employees’ W-2s.
Proposed regulations drop for the OBBBA’s no tax on tips
Proposed regs follow up on an IRS fact sheet, which included a table listing the tipped occupations. The proposed regs incorporate the table and provide more guidance on qualified tips and tipped employees.