SimpleHR Updates & Events

DOL's Final Rule on Overtime is Overturned
A federal judge in Texas has blocked the U.S. Department of Labor's (DOL) recent changes to the "white collar" overtime exemptions, just two months before they were set to take full effect. Previously scheduled increases for January 1, 2025 are now repealed as well as other provisions including the July 1, 2024 threshold increase. If you have any questions about this update, please contact the SimpleHR Human Resources Department or your Payroll Coordinator at: (850) 650-9935.

Annual W-4 Notice to Employees
IRS regulation requires us as employers to remind our employees that they may need to amend their current W-4. Employees may have changes that could affect their filing status for 2025. Examples of a change could be marriage, divorce, or children.

Need help estimating tax withholdings for 2025? There are tools online to help in making a more accurate decision when completing a W-4 Form. The Tax Withholding Estimator can be found on www.irs.gov and there is also a "Paycheck Checkup" on the IRS website at www.irs.gov/paycheck-checkup. If you have any further questions, speak with a tax accountant, CPA or the IRS.

All employees who claimed exempt status on their 2024 W-4 will need to file a new 2025 W-4 by February 15, 2025 to maintain exempt status. The 2025 W-4 will be posted in Web Payroll when it is released by the IRS.