Payroll News

IRS Releases Inflation-Adjusted Payroll Amounts for 2025

The Internal Revenue Service published its adjustments to payroll-related amounts for 2025 on Oct. 22.

Iowa Introduces Flat Tax in 2025 Withholding Methods

Iowa’s 2025 withholding methods are the first to use a flat tax rate of 3.8%, but also make changes to the standard deduction depending on which version of the state’s withholding certificate an employee has filed, the state revenue department said Oct. 25.

Maine Unemployment Tax Schedule to Remain Unchanged for 2025

Maine will continue to use Schedule A when determining unemployment insurance tax rates for experienced employers in 2025, according to an Oct. 28 press release from Maine’s Labor Department.

Missouri Decreases Unemployment-Taxable Wage Base for 2025

Missouri’s unemployment-taxable wage base will decease to $9,500 from $10,000, according to an update on the state’s website.

Bloomberg, KPMG to Cohost 2024 Payroll Year-End Webinar

Bloomberg Tax and KPMG LLP will hold a year-end webinar for payroll professionals on Nov. 20 at 2 p.m. ET.

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Payroll In Practice: 10.28.2024

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Latest Stories

Former Novo Nordisk Manager Alleges Disability Bias, Retaliation

A former regional account manager working for Novo Nordisk Inc. is suing the healthcare company, alleging it failed to accommodate her disabilities, retaliated against her, and wrongfully terminated her employment.

By Bloomberg Law Automation

Cincinnati School District Sued Over Teacher’s ASL Interpreter

A deaf Ohio public school American Sign Language teacher sued the district for its alleged failure to accommodate her request of providing her with an interpreter so she could effectively perform her job duties.

Federal Data Crackdown Poses Risks to 401(k) Student Loan Match

A federal government crackdown on consumer information leaks is threatening new tax code provisions designed to let employers help their workers save for retirement while paying off college debt.

Santé Hedge Fund Worker’s Jury Win in Bonus Suit Again in Peril

A former Santé Ventures marketing director who twice went to trial in her lawsuit seeking bonus payments must choose between seeing her $1.4 million jury verdict cut by $200,000 or preparing for a third trial, a federal judge said.

Kentucky Releases 2025 Withholding Methods

Kentucky’s flat tax rate is unchanged for 2025, while its standard deduction increased, the state revenue department said Oct. 25.

Redwood City, California, Minimum Wage Rising to $18.20 for 2025

The hourly minimum wage in Redwood City, California will rise to $18.20 from $17.70 effective Jan. 1, 2025, according to an update on the city’s website.

Iowa Introduces Flat Tax in 2025 Withholding Methods

Adobe Ex-VP Sues Over Derogatory Remarks, Cartoon Comparison

Adobe Inc. was hit with a lawsuit by a former assistant vice president who says he was discriminated against and subjected to retaliation based on his race and color in violation of federal and state employment laws.

IRS Announces Flood Disaster Tax Relief for Alaska Residents

The Internal Revenue Service will provide tax relief and extend filing deadlines for individuals and businesses in the Juneau, Alaska, area affected by flooding until May 1, 2025, the agency announced Friday.

Maine Unemployment Tax Schedule to Remain Unchanged for 2025

Maine will continue to use Schedule A when determining unemployment insurance tax rates for experienced employers in 2025, according to an Oct. 28 press release from Maine’s Labor Department.