Category Archives: Wage and Hour

July 1, 2024

Nevada’s New Minimum Wage Starts Today

Nevada employers may be happy to learn that as a result of a November 8, 2022, ballot measure passing, Nevada’s two-tier minimum wage will be no more. The two-tier minimum wage system reduced the required minimum wage if an employer offered qualifying health benefits. This change means that all employees will be entitled to the same minimum hourly wage regardless of whether they receive qualifying health benefits. Starting July 1, 2024, the minimum wage will increase to $12 per hour for all Nevada workers who are not exempt from minimum wage requirements, regardless of whether the employer offered qualifying health benefits. See 2024 Minimum Wage Bulletin. Read more >>

June 28, 2024

IRS Issues Final Prevailing Wage and Apprenticeship Regulations

By Adam Cohen, Colin J.A. Oldberg, and Melissa Braun

On June 25, 2024, the Internal Revenue Service and U.S. Department of Treasury published final Treasury Regulations (“Final Regulations”) in the Federal Register on the prevailing wage and registered apprenticeship requirements (“PW&A Requirements”) under Sections 30C, 45, 45L, 45Q, 45U, 45V, 45Y, 45Z, 48C, and 179D of the Internal Revenue Code of 1986 (the “Code”). The PW&A Requirements provide rules for taxpayers intending to claim increased amounts of Federal income tax credits or an increased deduction as well as certain recordkeeping and reporting requirements and are comprised of prevailing wage requirements (“Prevailing Wage Requirements”) and apprenticeship requirements (“Apprenticeship Requirements”).

Adam Cohen

Colin J.A. Oldberg

Melissa Braun