Under guidance from the Biden administration, the DOL announced that parts of the Final Rule governing the treatment of tipped employees under the Fair Labor Standards Act will take effect on...
Category: Financial
The Fair Labor Standards Act (FLSA) requires employers to keep certain records for each covered, nonexempt worker - including accurate information about their hours worked and wages earned. Even...
On November 6, 2019, the IRS published Notice 2019-59(PDF) that increased the 401k contribution limit to $19,500 for 2020. Each year the Secretary of the Treasury performs a review and determines if...