What Compliance Challenges Does 2025 Hold for Businesses?

As the new Director of Compliance at Paychex, Kelee Delaney oversees a team of experts who monitor the laws and regulations at the federal, state, and local level to provide support to teams within the organization, as well as its nearly 740,000 clients. With the elections over, Kelee talks with host Gene Marks on Paychex THRIVE, a Business Podcast, about changes that might be coming in 2025 with a new administration regarding potential compliance requirements for taxes, retirement, paid family leave, the overtime rule and other wage and hour issues, and artificial intelligence. Watch or listen to the podcast.  

 

Topics Include:

00:00:00: Episode Preview

00:01:20: Introduction of guest Kelee Delaney

00:03:07: Overview of Tax Cuts and Jobs Act (TCJA)

00:06:44: Potential legislative changes and impact on tax strategy

00:10:01: Overview of SECURE 2.0 and retirement incentives

00:12:07: Saver’s Credit and Saver’s Match details

00:14:11: Impact of SECURE 2.0 on employers and employees

00:15:35: State-level retirement plan mandates

00:16:42: Mandatory paid time off regulations

00:18:57: Overview of overtime rules and recent changes

00:24:42: Impact of Supreme Court ruling on agency regulations

00:27:25: Developing AI policies for business

00:29:56: EEOC's role in addressing AI bias

00:34:00: Wrap-up and thank you

 

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.