On July 4, 2025, President Trump signed the “One Big Beautiful Bill Act” into law. While there are many provisions in this Act that have widespread impacts, we are focusing this article on upcoming changes to
Many let out a sigh of relief after the repeal of the “Cadillac tax” on high-cost employer-sponsored health plans. What is the Cadillac tax? Under the 2010 Affordable Care Act (“ACA”), plan sponsors
2020 is just around the corner. Are you ready? Here are some of the changes taking effect next year that may be of interest to Hawaii employers: January 1, 2020 The final overtime rule raises the salary threshold to
Various annual inflation adjustments have been announced for 2020. Rev. Proc. 2019-44 provides annual inflation adjustments for more than 60 tax provisions for 2020, including those related to transportation fringe
The IRS has issued a proposed rule regarding the valuation of employees’ personal use of company vehicles. If an employer provides an employee with a vehicle that is available to the employee for personal use, the
The Internal Revenue Service (“IRS”) encourages all employees to do a “paycheck checkup” by checking their tax withholding to make sure they are paying the right amount of tax as they earn it
On June 7, Governor Ige signed into law Act 69, which updated the Internal Revenue Code (“IRC”) conformity date to December 31, 2018, for tax years beginning after that date. This means that Hawaii income tax
The Internal Revenue Service (“IRS”) has an official YouTube channel, featuring IRS-produced videos. These short videos are on various tax topics, including: Paid Family and Medical Leave Employer Credit How to