Human Resources News & Insights

IRS’ first FAQ on paid-leave credit answers some key questions

Employers finally have federal guidance regarding the paid-leave tax credit created under the Tax Cuts and Jobs Act (TCJA), but that guidance is likely to fall short of what many firms were expecting.

Nearly a third of companies will pass tax law savings to staffers: Here’s how

HR pros have seen plenty of news stories about giant corporations that are passing along the savings from the new tax law to their employees. But until now, it’s been tough to get a picture of just how many employers, percentage wise, are actually going to make such a move.

Will companies really shower workers with tax law bonuses, or is it all hype?

The President said companies are giving big bonuses to their workers because of the “Tax Cut Bill,” and the national media is offering a number of examples to back up this claim, but will the new law actually benefit most employees?