by DunlapSLK | Dec 6, 2024 | Resources For Employers, Resources For Individual Taxpayers
A federal district court judge has struck down the Biden administration’s new rule regarding the salary threshold for determining whether certain employees are exempt from federal overtime pay requirements. The first phase of the rule took effect for most employers in...
by DunlapSLK | Nov 22, 2024 | Resources For Individual Taxpayers
The IRS has issued its 2025 inflation adjustment numbers for more than 60 tax provisions in Revenue Procedure 2024-40. Inflation has moderated somewhat this year over last, so many amounts will increase over 2024 but not as much as in the previous year. Take these...
by DunlapSLK | Oct 31, 2024 | Resources For Individual Taxpayers
The IRS has issued its 2025 inflation adjustment numbers for more than 60 tax provisions in Revenue Procedure 2024-40. Inflation has moderated somewhat this year over last, so many amounts will increase over 2024 but not as much as in the previous year. Take these...
by DunlapSLK | Oct 4, 2024 | Resources For Individual Taxpayers
With the arrival of fall, it’s an ideal time to begin implementing strategies that could reduce your tax burden for both this year and next. One of the first planning steps is to ascertain whether you’ll take the standard deduction or itemize deductions for 2024. You...
by DunlapSLK | Oct 4, 2024 | Resources For Employers, Resources For Individual Taxpayers
Early voting for the 2024 election has already kicked off in some states, but voters are still seeking additional information on the candidates’ platforms, including their tax proposals. The details can be hard to come by — and additional proposals continue to emerge...
by DunlapSLK | Sep 13, 2024 | Resources For Employers, Resources For Individual Taxpayers
In April 2024, the Federal Trade Commission (FTC) approved a final rule prohibiting most noncompete agreements with employees. The ban was scheduled to take effect on September 4, 2024, but ran into multiple court challenges. Now the court in one of those cases has...
