IRS Makes Significant Changes to 2020 Form W-4

The Treasury Department and the IRS are working to incorporate changes into the Form W-4, Employee’s Withholding Allowance Certificate, for 2020.The revised form implements changes made following the 2017 Tax Cuts and Jobs Act, which made major revisions affecting...

DOL Announces Final Rule on Overtime Pay

On September 24, 2019, the U.S. Department of Labor announced a final rule expected to impact 1.3 million American workers.In the final rule, the Department is:raising the “minimum salary level” from the currently enforced level of $455 per week to $684 per week for...