Payroll News

States Defend Tax Powers After Attacks by White House, Congress

South Carolina state Sen. Sean Bennett (R) is a self-described “federalist at heart,” who believes in low taxes, broad bases, and a light touch on exemptions. So he gets annoyed when he receives unsolicited advice from the federal government on state tax policy.

IRS Details How to Open GOP-Favored Trump Accounts

The Treasury Department and IRS proposed rules Friday for so-called Trump accounts, savings vehicles for kids that Republicans have touted to spur upward social mobility.

Why This Is a Year the IRS Will Want to Forget: Editorial

Taxpayers aren’t usually inclined to sympathize with the Internal Revenue Service, but this year they probably should. Thanks to a brutal combination of staff shortages and new complications in the tax code, the filing season now underway has put extraordinary strain on the agency.

FIFA 2026 World Cup Blows the Whistle on Complex Tax Risks

The 2026 World Cup highlights the complexities of applying international tax treaties and social security and totalization agreements in international sports.

Daylight Saving Time Could Affect Overnight Shifts in March

Daylight saving time will begin in the United States and Canada on Sunday, March 8, at 2 a.m. local time, while summer time will begin in Europe on Sunday, March 29 at 1 a.m. Greenwich Mean Time, which could alter the work schedules of employees working on those days.

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Latest Stories

Germany Increases Minimum Wages for Carers

Germany’s industry-specific minimum wages for carers will increase July 1 and again on July 1, 2027, the Federal Ministry of Labor and Social Affairs said March 6.

By Jamie Rathjen

Malaysia Extends Social Security Coverage, Plans Rate Increases

Amendments to Malaysia’s Employees’ Social Security Act 1969, published March 5, extend social security coverage to injuries suffered by an employee outside of work and plan contribution rate increases to incorporate the additional coverage.

Pandemic Credit Refund Suits Expected to Surge as Deadline Nears

A growing number of employers who were denied pandemic-era tax credits are weighing whether to sue the IRS for their refunds, as a deadline to do so nears.

DOL Proposes to Replace the 2024 Independent Contractor Rule

The DOL proposed a new rule to simplify independent contractor classification, reverting to a framework similar to the 2021 rule.

Swiss Put Cash Into Constitution to Guard Against Its Demise

Switzerland voted to enshrine the availability of cash in its constitution, assenting to a push designed to guard against the demise of physical money.

Mike Pence Group Chides Trump Tariffs for Hurting US Job Market

President Donald Trump’s fluctuating tariffs have weighed down US job growth with rising costs and uncertainty for companies, according to a new memo from former Vice President Mike Pence’s group.

IRS Details How to Open GOP-Favored Trump Accounts

The Treasury Department and IRS proposed rules Friday for so-called Trump accounts, savings vehicles for kids that Republicans have touted to spur upward social mobility.

Research Backing $100,000 H-1B Fee Under Fire Ahead of Hearing

Before an appeals court panel considers arguments next week on President Donald Trump’s $100,000 H-1B fee, academic research bolstering the policy is under scrutiny for errors that critics say contributed to faulty conclusions about wage gaps with American workers.

FIFA 2026 World Cup Blows the Whistle on Complex Tax Risks

The 2026 World Cup highlights the complexities of applying international tax treaties and social security and totalization agreements in international sports.

IRS Sees Issuing Proposed Regs on Trump Accounts ‘Very Soon’

Proposed regulations to implement “Trump accounts,” the new savings accounts for children created by the 2025 Republican tax-and-spending law, will be issued “very, very, very soon,” an IRS official said Thursday.