DOL Proposes Rule to Reinstate FLSA Exemptions for Domestic Workers
The U.S. Department of Labor (DOL) proposed a new rule that would reinstate long-standing exemptions under the Fair Labor Standards Act (FLSA) …
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Miami Man Sentenced to 6.5 Years for $2.3M COVID-19 Unemployment Fraud Scheme
A Miami resident has been sentenced to 78 months in federal prison for orchestrating a multi-state unemployment insurance fraud scheme that exploited …
Midyear State and Local Minimum Wage Increases
Starting July 1, 2025, several states and localities will implement increases to their minimum wage rates. This article outlines the …
DOL Recovers Over $270K in Back Wages, Damages for 157 Workers
An investigation by the U.S. Department of Labor (DOL) led to the recovery of over $207,470 in back wages and damages for …
Wall Street Veteran Sworn In as Social Security Commissioner Amid Agency Restructuring
Frank Bisignano, a longtime Wall Street executive and former chairman and CEO of Fiserv Inc., was sworn in as the new Commissioner …
SCOTUS Clarifies Differential Pay for Reservists During National Emergencies
The Supreme Court recently issued a ruling in the case of Feliciano v. Department of Transportation, addressing the issue of differential …
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Post-OBBB Wind and Solar Credit Pitfalls to Avoid
After the One Big Beautiful Bill Act (OBBB) and recent IRS guidance, practitioners will need to shift their strategy to …
EV Sales Expected to ‘Dip’ After Credits Expire Sept 30: Industry Expert
Accelerated phaseout dates for the new and used electric vehicle tax credits have led to a recent spike in sales …
What OBBB Means for Your Clients’ Itemized Deductions
By Hilari Pickett, CPA, a Senior Specialist Editor with Thomson Reuters Tax & Accounting The 2025 Act (also referred to …