EEO-1 Reporting Now Open with a Short Submission Window

Private employers with 100 or more employees as well as federal contractors with 50 or more employees are subject to EEO-1 reporting requirements each year. The reporting submission window for 2024 data runs from May 20, 2025 through June 24, 2025, so employers who have reporting obligations will want to act promptly to meet this deadline. Once the data collection period has closed, employers will not be able to correct or update any data submitted.

Reports are submitted online at www.eeocdata.org/eeo1. Employers who have filed in the past should have received an email notification which includes their unique “OFS Company ID” and “Employer PIN.” Employers that have not filed before can register by selecting “Add Employer” on the “My Employer List” screen.

If you are a Mize payroll client, we will be happy to assist you with this filing. Please reach out to your payroll processor very soon if you’re interested in this service, as the deadline is quickly approaching.

More information – including a filing Instruction Booklet - is available on the EEO-1 reporting website by clicking here.

Health Savings Account (HSA) Thresholds Announced for 2026

Usually the government announces inflation-adjusted amounts in November for the following year, but HSA amounts are provided earlier in the year for planning purposes. Here are the 2026 figures:

HSA Contributions:

The maximum contribution for self-only coverage is $4,400 and $8,750 for family coverage.
Individuals 55 and older can make an additional $1,000 catch-up contribution.

High-Deductible Health Plan (HDHP) Requirements:

The minimum annual deductible is $1,700 for self-only coverage and $3,400 for family coverage.
The maximum annual out-of-pocket expenses cannot exceed $8,500 for self-only coverage and $17,000 for family coverage.

Encourage Employees to Check Their Withholding

Now that tax season is over, it’s a great time for employees to review their federal income tax withholding to ensure they’re having the correct amount withheld. The IRS Tax Withholding Estimator is a tool that can walk employees through the process of checking their withholding.

Employees in these situations are especially prone to either under- or over-withholding:

Two income families
Employees who work only part of the year
Individuals receiving tax credits such as the child tax credit
Taxpayers with dependents who are 17 years or older
Taxpayers who itemize
Employees with non-wage sources of income
Individuals with large tax refunds or large tax bills for the previous year
Individuals experiencing life changes such as marriage, divorce, birth or adoption of a child, or purchase of a home

State By State News

Maryland

The state of Maryland has delayed implementation of the Paid Family and Medical Leave program until 2027. Contributions will begin January 1, 2027 and benefits will be available by January 3, 2028. Employee and employer contributions were originally set to begin July 1, 2025 with benefits taking effect July 1, 2026.

Missouri

The paid sick leave law that just went into effect May 1, 2025 has been repealed by a bill passed by the Missouri Legislature on May 14, 2025. The bill is expected to be signed by Governor Mike Kehoe but has not yet been signed as of this writing.

It’s important to note that the repeal will not take effect until August 28, 2025. During that interim period, employers must continue to comply with the current paid sick leave law, which provides the following:

Employees earn one hour of paid sick leave (PST) for every 30 hours worked;
Employees may use PST for their own illness/medical reasons or those of an immediate family member, closure of the employer’s business or their child’s school, and absences due to sexual assault or domestic violence;
PST can be used in increments of one hour up to 56 hours per year;
Employees can carry over up to 80 hours of unused PST at the end of the year.

Companies with a paid sick leave policy that already meets the above requirements are not affected by the new law.

Oregon

The state’s minimum wage will increase to $15.05 per hour effective July 1, 2025.

The minimum wage for the Portland metro will increase to $16.30 per hour.

The nonurban counties minimum wage will increase to $14.05 per hour.

Vermont

Beginning July 1, 2025, Vermont Saves will go into effect for employers with 25 or more employees. This retirement program requires automatic payroll deductions for employees not covered by an employer-sponsored retirement plan. More information is available by clicking here.

Washington

House Bill 1121, which will take effect on July 1, 2026, provides equal work hour opportunities for 16- and 17-year-olds enrolled in legitimate college programs and career and technical education programs. It instructs the Washington State Department of Labor and Industries to update existing regulations, allowing eligible students to work the same number of hours during school weeks as they can during non-school periods.

Tools You Can Use

Electronic Pay Solutions

Employees like to get paid on time. Sometimes that’s harder than it might seem. With delivery issues, severe weather, and wildfires frequently in the news and maybe even your backyard, getting paychecks to employees can be difficult. That’s where electronic payroll solutions like direct deposit and pay cards can be a great solution.

Electronic pay solutions can also save you money. The costs of both printing and delivery are going up, which increases your payroll fees. With direct deposit and pay cards, employees can access their pay stubs and year-end Forms W-2 and 1095 online through the Mize payroll portal.

Read more about the benefits of electronic pay from our Insights blog by clicking here.

On-Demand Pay

Tapcheck is an on-demand pay provider, empowering employees to take control of payday. Seamlessly integrated with payroll systems, Tapcheck boosts retention, productivity, and financial wellness—at no cost to employers and with no change to payroll.

TapCheck.com

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