Tag: IRS

In addition to all the new 2024 employment laws, employers should be aware that the Internal Revenue Service (IRS) has released the 2024 annual inflation…

In 2024, the Health Savings Account (HSA) limits, which are indexed for inflation every year, will increase, per the Internal Revenue Service (IRS). HSAs are…

On December 29, 2022, the Internal Revenue Service issued the 2023 optional standard mileage rates, which are used to calculate the deductible costs of operating…

On June 9, 2022, the Internal Revenue Service (IRS) announced an increase in the standard mileage rate for the second half of 2022. Although this…

On December 17, 2021, the Internal Revenue Service (IRS) issued the 2022 optional standard mileage rates, which are used to calculate the deductible costs of operating an…

For nearly the entirety of the pandemic, either the federal or California governments have required most employers to provide paid sick leave to their employees…

In March, the federal government passed the American Rescue Plan Act (ARPA), the third federal stimulus package enacted in response to the ongoing COVID-19 pandemic….

Several weeks after the American Rescue Plan Act (ARPA) provided temporary Consolidated Omnibus Budget Reconciliation Act (COBRA) subsidies to eligible individuals, the IRS has issued…

On December 22, 2020, the Internal Revenue Service (IRS) issued the 2021 optional standard mileage rates used to calculate the deductible costs of operating an…

The Internal Revenue Service (IRS) has released guidance on cost-of-living increases to the income ranges for determining individual retirement account (IRA) and Roth IRA contribution eligibility, and…