In late 2022, Congress passed the SECURE Act 2.0, which, along with other items, introduced a new rule requiring that catch-up contributions made by highly compensated employees be made on a Roth after-tax basis only. Less...more
Any employer who offers employees paid family or medical leave may benefit from the new Internal Revenue Code Section 45S, added by the Tax Cuts and Jobs Act and clarified on September 24, 2018 by Internal Revenue Service...more
10/24/2018
/ Employment Policies ,
Family and Medical Leave Act (FMLA) ,
Internal Revenue Code (IRC) ,
IRS ,
Medical Leave ,
Paid Leave ,
Paid Time Off (PTO) ,
Part-Time Employees ,
Sick Leave ,
Tax Credits ,
Tax Cuts and Jobs Act ,
Tax Returns ,
Wage and Hour
On August 17, 2018 the IRS released a private letter ruling (PLR 201833012) addressing an employer’s proposal to amend its plan to include a student loan benefit program. Under the program, the employer would make a...more