IRS Administrative Rulings and Developments

USERRA. The Uniformed Services Employment and Reemployment Rights Act of 1994 (USERRA) requires that plan sponsors credit employees with “make-up contributions” for certain periods of military service. USERRA applies to reemployments on or after December...

New Wage/Hour Exemption for Computer Professionals

One commonly overlooked aspect of the recent Small Business Jobs Protection Act is its creation of a new overtime exemption for certain computer professionals. The new exemption applies to those employees who earn at least $27.63 per hour and who fall within certain...