Author name: Gusto Support

For 2023, the 401(k) contribution limit will rise to $22,500 with an additional $7,500 “’catch-up” for certain plan participants.

Certain employers can retroactively claim the Employee Retention Tax Credit through 2024 by filing amended payroll tax returns for years 2020 and 2021.

Businesses with at least 15 employees need to replace their workplace discrimination poster with a new poster that the U.S. Equal Employment Opportunity Commission (EEOC) recently published.

Employees can put an extra $200 into their health care flexible spending accounts (health FSAs) next year as the annual contribution limit rises to $3,050.