Christopher Wood, CPP is a senior editor at Thomson Reuters Checkpoint who creates content for the Payroll Update and Federal Tax Update daily news. He also provides explanation and analysis for the Payroll Guide product on a wide range of topics. Christopher has been published in the American Payroll Association’s PayTech magazine and has spoken at APA events. He is based in the New York City area.
The Consumer Financial Protection Bureau (CFPB) issued an advisory opinion concluding that specific employer‑integrated earned wage access products—where advances are limited to …