In the recently released Rev. Proc. 2023-23, the IRS has made annual inflation adjustments to HSA limits: For calendar year 2024, a "high deductible health plan" is defined as a health plan with an annual deductible that is not less than $1,600 for self-only coverage...
Payroll
How Do We Handle Pay for an Employee Out on Military Leave?
Question: How do we handle pay for an employee out on military leave? Answer: Employees on military leave are due the same rights and benefits (when not determined by seniority) as nonmilitary employees who take any comparable form of leave. Comparable is not well...
Payroll Holiday Reminder: Juneteenth 2023
Juneteenth National Independence Day became the 12th legal public holiday, celebrating the emancipation of the last enslaved African Americans. On that day in 1865, Union soldiers led by Gen. Gordon Granger arrived in the coastal city of Galveston, Texas to deliver...