You might have read Cardinal’s recent Employer Alert (https://cardinalservices.com/new-federal-overtime-rule/) that the U.S. Department of Labor [DOL] is changing the minimum salary thresholds for ​employees that are exempt from overtime​. The published deadlines for the change in salary thresholds are as follows:    July 1, 2024:   The salary threshold increases from $684 per week [$35,568 per […]

Department of Labor Increases Salary Requirements for White-Collar & HCE Exemptions  Implementation Deadlines: First phase on July 1, 2024 | Second phase on January 1, 2025    The U.S. Department of Labor [DOL] announced the Final Rule: Restoring and Extending Overtime Protections. The final rule amends the Fair Labor Standards Act regulations by increasing the […]

HSA Limit Contributions Announced for 2025 The IRS announced that the annual limit on health savings account (HSA) contributions for self-only coverage in 2025 will be $4,300, a 3.6 % increase from the $4,150 limit in 2024. The HSA contribution limit for family coverage will jump to $8,550, a 3 % increase from $8,300 in […]

Offering tax filing help can relieve workers’ stress and provide a unique advantage for out-recruiting the competition! Everybody hates doing taxes. Filing a tax return—whether state or federal—without some kind of help is stressful. More than half of U.S. adults who file tax returns (57%) find the do-it-yourself approach nerve-racking, according to a study conducted […]

If you employ workers or do business in California, here is a brief review of the recently updated California Privacy Act.    What is it?  The California Privacy Rights Act (CPRA) provides comprehensive regulation of the personal information (PI) of California residents. PI includes any “information that identifies, relates to, describes, is reasonably capable of […]

Cardinal Services continues to focus on employment-related laws, new court cases, and regulatory changes that impact our business community. While the news about FinCEN is not directly employment-related, some employers could be subject to this new reporting rule. However, the new FinCEN reporting requirement has not been well publicized, but we think it is universal […]

The Feds combine the eVerify and Form I-9 into one digital process.    E-Verify NextGen—scheduled for incremental release in 2024—integrates the Form I-9 process with E-Verify, the federal government’s electronic employment verification system, revolutionizing the employment verification process for the business community!  This new combined system from the U.S. Citizenship and Immigration Services (USCIS) will […]

The U.S. Department of Labor (DOL) released a final rule on January 9th that changes the criteria for classifying independent contractors.  The final rule requires companies to weigh various factors to determine whether a worker is an employee or an independent contractor. The final rule will take effect on March 11.    Background to the […]

A recent memo from the Federal Office of Personnel Management  has raised new questions for the private sector.    New Federal guidance:  On Aug. 22, 2023, the Federal Office of Personnel Management issued guidance regarding whether the Fair Labor Standards Act requires federal workers to be compensated for their commute to work. This new guidance also […]