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4 important payroll issues to keep an eye on in 2023

BMT Office Administration

Nevertheless, 2023 is looking like another challenging year for Payroll as we get a few insights into what to expect. Proposed regulations covering white-collar employees were included in the Department of Labor’s spring 2022 semiannual regulatory agenda. But business travel is still vital to many companies. Final e-filing regs.

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New overtime regulations are open for comment

BMT Office Administration

Proposed regulations raising the salary employees must earn to be exempt from overtime were published in last Friday’s Federal Register. You need to use this time wisely to determine the impact final regulations may have on your payroll by auditing your employees and your pay policies. You have until Nov. 7 to comment.

Payroll 52
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4 Monumental Ways Banning Noncompete Clauses Will Transform The Future Of Work

Allwork

The Federal Trade Commission (FTC) has announced a proposal that would ban noncompete clauses, which are contracts that can prohibit employees at a company from job jumping within their career field, trading company insights, and more. . Coca-Cola’s secret formula might be at risk.

Policies 331
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Hamilton, Jefferson and Trumpcare's Impact on the Self-Employed

Small Business Labs

The quick summary from that article is: self-employed who are younger or have higher incomes will likely be better off under the Republican proposed American Health Care Act (AHCA, a.k.a. The ACHA allows insurance companies to charge older people more than Obamacare does.  percent increase on the Medicare payroll tax, and a 3.8

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