Payroll News

Trump’s Retirement Account Push Builds on Growing State Plans

The Trump administration’s push to expand individual retirement account access to more workers without an employer-sponsored plan could reach beyond a patchwork of existing state programs.

NY Judges Question Viability of Tax on Remote Work in Modern Age

A New York appeals court during oral arguments Monday indicated it was open to overturning the state’s strict tax rules for remote work performed during the pandemic, by questioning the state’s assertion that such telework arrangements were done out of convenience.

Rhode Island Lawmakers Push Phased-In Millionaire Tax in Budget

Rhode Island House lawmakers advanced a plan to phase in a 3% surtax on personal annual income over $1 million, making the state the latest to target high earners to generate additional revenue.

Alameda, California, Minimum Wage Rising to $17.76

The hourly minimum wage in Alameda, California, will rise to $17.76 from $17.46 effective July 1, according to an update on the city’s website.

Lincoln, Nebraska, Enacts Local Minimum Wage Law

Lincoln is the first city in Nebraska to enact its own local minimum wage law, under an ordinance effective July 18.

Practitioner Insights

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Ballot Initiatives on Wealth Taxes Should Get Court Scrutiny

Robert Mancuso

Capri Capital Partners

Ask Fred: Are Prizes and Awards Taxable?

Fred Basehore

F.A. Basehore & Associates

Shakira’s Spain Tax Win Shows ‘Whenever, Wherever,’ Proof Counts

Xavier Segui

NAX Law

Latest Stories

JB Hunt Employees Sue Over Health Plan’s Penalty for Smokers

Current and former JB Hunt Transport Services Inc. employees filed a proposed class action claiming the logistics services company mismanages a wellness program that charges tobacco-using workers $15 more per week for healthcare coverage.

By Jacklyn Wille

Nvidia-Backed Robotics Firm Generalist AI Valued at $2 Billion

Generalist AI, a robotics startup, has raised $400 million in a new funding round to develop more sophisticated artificial intelligence models meant to help robots handle increasingly complex tasks.

House Republicans Eye Major Funding Cut for Labor Department

House Republicans proposed a 27% funding decrease for the Labor Department, mirroring much of the Trump administration’s wish list.

Reported FIFA 2026 World Cup Tax Deal Hasn’t Changed Fundamentals

KPMG’s Daida Hadzic and Rob Fagan say FIFA’s reported US federal tax deal may ease team-level tax exposure for the 2026 World Cup, but it doesn’t change the core tax, withholding, classification, and social security issues affecting players, coaches, and staff.

Lincoln, Nebraska, Enacts Local Minimum Wage Law

Lincoln is the first city in Nebraska to enact its own local minimum wage law, under an ordinance effective July 18.

MetLife Strikes Class Deal Worth $23 Million Over Pension Math

Metropolitan Life Insurance Co. and a class of more than 6,000 retirees challenging how their pensions were calculated reached a settlement they say is worth $23 million.

DOL’s $35.8 Million Healthcare Wage Verdict Tossed on Appeal

A district judge wrongly included “overtime” gap time when he awarded the US Labor Department more than $35.8 million for healthcare worker pay, the Third Circuit said in ruling on a matter of first impression.

Goldman Sachs Gets Five-Year Extension of 401(k) Management Pass

The Labor Department granted a five-year exemption renewal to allow Goldman Sachs Group Inc. to manage retirement assets after its Malaysia unit’s ties to the 1MDB bribery scheme put that status in jeopardy.

US Law Week May 2026 Circuit Split Review: Interstate Wage Suits

Out-of-state workers must navigate a lopsided rift in the circuit courts to figure out whether they can take part in mass actions against their employer.

Homeland’s Mullin Signals Flexibility on $100,000 H-1B Visa Fees

Homeland Security Secretary Markwayne Mullin said his department has flexibility to provide relief in some cases from a new $100,000 H-1B visa fee, offering employers a potentially friendlier message on legal immigration channels amid the Trump administration’s broader crackdown.