IRS Rolls Out Digital Notices, EIN Verifications, and Payment Tools in Business Tax Account
The Internal Revenue Service has announced new and expanded features for Business Tax Account (BTA) users, giving eligible businesses and organizations more ways to view digital notices, make payments, and access and manage federal tax account information online. Business Tax Account is an online self-service platform that allows authorized users of certain entity types to securely access and manage their federal tax records and information. The IRS continues to add features
IRS rolls out new automatic penalty relief program for eligible taxpayers
This summer, the IRS’s new Automatic Exemption from Penalty or AEP will replace the long-standing First Time Abate administrative relief. AEP is designed to eliminate the need to contact the IRS to request relief and reduce burden for those with a timely compliance history. Eligibility AEP applies to eligible original returns beginning with tax year 2025 and 2026 quarterly returns and future tax periods. Taxpayers qualify if they have a history of filing on time and paying
Virginia Legislation Expands RetirePath Program
Beginning July 1, 2026, Virginia businesses are required to register and facilitate RetirePath if they have five or more employees, have operated for at least two years, and do not offer a qualified employer‑sponsored retirement plan. The new state law lowers the eligible employer threshold from employers with 25 employees to five employees and includes part-time workers, allowing more small businesses and workers to participate starting in 2026. Approximately 35,000 elig
Important Information on Maryland’s Family and Medical Leave Insurance (FAMLI) program
About the program Maryland’s Family and Medical Leave Insurance (FAMLI) program will help workers balance their jobs with important family and health needs. Starting in 2028, eligible workers can take paid time off to care for themselves or loved ones—without worrying about losing their job. How it will work When benefits become available, FAMLI will provide up to 12 weeks of job-protected paid leave annually, with benefits of up to $1,000 per week. FAMLI covers important lif
District of Columbia Minimum Wage Increase Effective: July 1, 2026
Beginning July 1, 2026, the minimum wage in the District of Columbia will increase from $17.95 per hour to $18.40 per hour for all workers, regardless of size of employer. The minimum wage will progressively increase each successive year in proportion to the increase in the Consumer Price Index. In 2025, the Consumer Price Index Increased by 2.4% within the Washington Metropolitan Area. As of July 1, 2026, the base minimum wage for tipped employees will increase from $10.