On Friday, July 5, 2025, the “One Big Beautiful Bill” Act (“OBBBA”) was officially signed into law, which includes provisions for exempting tips and overtime from taxes, effective through December 31, 2028. Under the new law, employees who customarily and regularly receive tips can deduct up to $25,000 in tips from their income, subject to…
On April 23, 2024, the U.S. Department of Labor announced a Final Rule that updates and revises the regulations issued under section 13(a)(1) of the Fair Labor Standards Act, implementing exemptions from minimum wage and overtime pay requirements for salaried employees. We reported on this subject in September 2023 when proposed regulations were issued. As…
On August 30, 2023, the U.S. Department of Labor issued proposed regulations that could significantly increase the minimum salary that would have to be paid to workers on a salary basis. The increase would be from $684/week to $1,059/week, or about $55,000.00 annually. The Department of Labor had been considering making an increase for over…
On August 2, 2023, the National Labor Relations Board (NLRB) announced its decision in Stericycle. This decision is a new way of determining the lawfulness of workplace policies maintained by private-sector employers, regardless of whether they are unionized. In the future, the NLRB will assess if a workplace policy could conceivably have a “chilling effect”…
Earlier this month, the Federal Trade Commission (“FTC”), in a sweeping and controversial move, issued a Proposed Rule (“Proposal”) that would bar and require the recission of almost all employment non-compete agreements. The Proposal is subject to a 60-day comment period, after which the FTC can prepare and announce the final rule. Any final rule…