DOL Announces Plan to Issue Proposed Independent Contractor Rule
DOL Announces Plan to Issue Proposed Independent Contractor Rule In a recent blog post, the U.S. Department of Labor (DOL) announced it will issue a proposed rule on determining employee or independent contractor status under the Fair Labor and Standards Act (FLSA). On Jan. 7, 2021, during the Trump administration, the DOL published a rule—the Independent Contractor […]
Combating Rising Benefits Costs During Periods of High Inflation
Combating Rising Benefits Costs During Periods of High Inflation The U.S. inflation rate has increased by 8.3% over the last year, according to the Bureau of Labor Statistics (BLS). This has led to significant price increases across various consumer goods as well as employee benefits such as health insurance. In fact, one-third of U.S. employees […]
IRS Raises Mileage Rates for Second Half of 2022
IRS Raises Mileage Rates for Second Half of 2022 For the first time since 2011, the IRS has made a midyear adjustment to the optional mileage rate used to calculate the deductible costs of operating an automobile for business and other specific purposes. The agency said the change is in recognition of recent gasoline price […]
