Payroll News

Missouri Senators Take First Step Toward Income Tax Phaseout

Missouri’s Republican-controlled Senate approved legislation Thursday that could pave the way to eliminate the state’s personal income tax, which brings in more than two-thirds of its revenue.

Oregon Minimum Wage Rates Rising 50 Cents July 1

Oregon’s three minimum wage rates will rise by 50 cents on July 1, according to an update on the Bureau of Labor and Industries website.

Berkeley, California, Minimum Wage Rising to $19.61 on July 1

The hourly minimum wage in Berkeley, California, will rise to $19.61 from $19.18 effective July 1, according to an update on the city’s website.

Emeryville and Fremont, California, Raise Minimum Wages July 1

The cities of Emeryville and Fremont, in Alameda County, California, announced increases to their minimum wage rates effective July 1, according to updates on their websites.

Virginia Paid Leave Bills Hinge on Governor’s Proposed Tweaks

Virginia proposals to guarantee workers paid sick time and establish a paid family and medical leave program will depend on the legislature’s approval of revisions proposed by Gov. Abigail Spanberger (D).

Practitioner Insights

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Blake Lively-Justin Baldoni Case Is an Employer Cautionary Tale

Alisha Meyer

Oppenheimer Investigations Group

Washington State Millionaire Tax Demands Tax Advisers’ Attention

Chris Brown

Holland & Knight

The I-9 Employee Verification Process Is Having a Midlife Crisis

Seema Nanda

Cornell Law School

Latest Stories

Kentucky to Launch New Unemployment Insurance Tax Portal in May

The Kentucky Education and Labor Cabinet will launch a new unemployment insurance portal in May, according to an update on the state website.

By Emmanuel Elone

Alabama Creates Overtime Deduction Tied to One Big Beautiful Bill

Alabamans may claim an income tax deduction based on their qualified overtime compensation under a bill that takes effect Oct. 1 and applies to tax years 2026 to 2028.

Merrill Lynch Deferred Pay Plan Falls Outside ERISA, Judges Say

Merrill Lynch’s deferred incentive compensation program for financial advisers isn’t governed by ERISA, the Fourth Circuit said Friday in a win for the Bank of America Corp. investment management unit.

Genworth 401(k) Fund Class Rehearing Bid Draws Court’s Attention

Genworth Financial Inc. must respond to a petition by former workers seeking to undo an appeals court decision blocking them from challenging their 401(k) plan’s BlackRock Inc. target-date funds as a certified class.

Tiger Global-Backed Upscale AI In Talks for $2 Billion Valuation

Artificial intelligence startup Upscale AI is in talks to raise a new round of funding at a valuation of about $2 billion, according to people with knowledge of the efforts.

Emeryville and Fremont, California, Raise Minimum Wages July 1

The cities of Emeryville and Fremont, in Alameda County, California, announced increases to their minimum wage rates effective July 1, according to updates on their websites.

Missouri Senators Take First Step Toward Income Tax Phaseout

Missouri’s Republican-controlled Senate approved legislation Thursday that could pave the way to eliminate the state’s personal income tax, which brings in more than two-thirds of its revenue.

UMass Memorial Health Hit With Retirement Mishandling Suit

UMass Memorial Health Care Inc. mismanages a pair of employee retirement plans by filling them with target-date funds in overly expensive share classes, a new proposed class action claims.