News

All Items: Income Taxes

401(k) Maximum Going Up to $23,500 Next Year

Date:

November 5, 2024

The IRS has released its 2025 cost-of-living adjustments (COLAs) to benefits and contributions to qualified retirement and deferred contribution plans.
IRS Issues 2023 Retirement Plan Adjustments and Fringe Benefit Limitations

Date:

October 21, 2022

The IRS has released its 2023 cost-of-living adjustments (COLAs) to the dollar limitations on benefits and contributions to qualified retirement and deferred contribution plans.
IRS Releases 2023 Inflation Adjustments to Fringe Benefits and Income Taxes

Date:

October 19, 2022

Some employer benefits will be more generous next year, thanks to inflation, as a result of the IRS announcement.

About This Category

News: HR and payroll considerations for employers regarding income tax laws. Support on following rules and regulations regarding this topic.