6/8/2026 5:04:30 PM Virginia Expands Paid Sick Leave Program to Cover Most Employees By Shanna Cramer Savannah Myers On May 20, 2026, Governor Spanberger signed SB 199/HB 5, a new statewide Paid Sick Leave (“PSL”) program (“Act”). Virginia previously...
5/15/2026 1:43:02 PM From PLR to Policy: OPTIONS Act Would Allow Employee Allocation of Employer Contributions Across Tax‑Free Benefits By Katie Amin Rosie Zaklad On April 15, House Ways and Means Committee members Reps. Greg Steube (R-Fla.) and Suzan DelBene (D-Wash.) introduced a bill, the...
3/30/2026 4:23:23 PM Do You Have Treasury/IRS Guidance Recommendations? By Katie Amin Treasury/IRS recently issued Notice 2026-23, which requests recommendations for the 2026-2027 Priority Guidance Plan (PGP). Treasury/IRS...
1/12/2026 2:30:05 PM IRS Extends Transition Relief for State-Paid Medical Leave Benefits By Katie Amin David Block As background, in January 2025, the IRS issued Revenue Ruling 2025-4, which provided guidance on the federal tax treatment and reporting...
12/10/2025 2:24:52 PM Trump Accounts: Draft Form Available To Open Account/Elect Pilot Contributions By Elizabeth Dold Treasury and IRS are working quickly! Notice 2025-68 referenced pending Form 4547 that can be used to open a Trump account for eligible...
11/22/2025 11:00:36 PM IRS Resumes Normal Operations By Katie Amin The IRS has resumed normal operations following the conclusion of the government shutdown. The IRS has fully resumed processing:...
11/21/2025 11:57:43 PM Tips and Overtime Guidance - How to Take a 2025 Deduction By Elizabeth Dold Employees (and their tax advisors) have been eagerly awaiting guidance on how to take advantage of the promised “no tax on tips and...
9/26/2025 1:02:50 PM Washington PFML– Changes for 2026 By Shanna Cramer On May 17, 2025, Governor Bob Ferguson signed HB 1213 into law, expanding protections under Washington’s Paid Family and Medical Leave...
9/2/2025 9:34:31 PM Proposed Regs on Short-Term Limited Duration Insurance Expected in Summer 2026 By Katie Amin In August 2024, the American Association of Ancillary Benefits filed a lawsuit against the federal government alleging that the...
9/2/2025 1:47:59 PM OBBB Makes Paid Family and Medical Leave Credit More Attractive to Employers By Shanna Cramer Code section 45S allows a general business credit to eligible employers providing paid family and medical leave ("PFML") to their...