Major 401(k) Changes for 2026: What You Need to Know About Mandatory Roth Catch-Ups
If you’re 50 or older and earning over $150,000, your retirement savings strategy is about to change whether you like it or not. Starting in 2026, you’ll lose the ability to make pre-tax catch-up contributions to your 401(k)—they’ll all be Roth, meaning you’ll pay taxes upfront. This transition could cost you thousands in take-home pay […]
Moving Expense Tax Rules HR Leaders Must Know in 2026
You must now report all relocation payments as taxable wages on your employees’ W-2s—there’s no tax-free treatment for civilians under current law. Every dollar you reimburse for moving costs gets taxed at 22% federally plus FICA, often pushing employees into higher brackets and triggering surprise April tax bills. Only active-duty military and intelligence community workers […]
Understanding “No Tax on Overtime” Current IRS Guidance for HR and Payroll (2025 Filing Season
The “no tax on overtime” provision doesn’t eliminate payroll withholding—it creates a personal income tax deduction your employees claim on their returns for the overtime premium portion only. You’ll continue withholding payroll taxes as usual, and FLSA compliance requirements remain unchanged. For 2025, the IRS offers shift relief with no mandatory W-2 reporting, though you […]
