Legalized marijuana is here to stay in New York State. For employers, that can mean understanding some nuances in policies and procedures.

If signed into law by Governor Hochul, the new wage transparency law is expected to level the playing field for employees.

Next month, the U.S. Department of Labor is expected to propose a revision of the Fair Labor Standards Act regulations regarding the overtime salary threshold. The threshold is one of the factors used to determine whether a salaried employee is exempt from overtime pay for hours worked in excess of 40 hours per week. 

This is the first installment of a two-part blog exploring an important topic that is too often ignored: business divorce.

In an effort to ostensibly put more money in the pockets of American workers, the IRS, under the direction of President Trump, issued Notice 2020-65, giving employers the option to suspend the withholding of Social Security payroll taxes beginning September 1 and running through December 31, 2020.

On the surface, this sounds like a solid plan – workers immediately have more cash available to pay bills during this difficult time. But both employers and employees need to be wary –this tax holiday poses a few potential bumps in the road to prepare for.