11 things you and your clients will want to start thinking about for next tax season by accountingtoday.com
Day #9 Proposed Salary Threshold for Overtime Pay
Under new rules proposed by the Obama administration, the Department of Labor would require most salaried workers earning less than $50,440 annually to be paid 1.5 times their normal pay for time worked beyond 40 hours. This is slated to take effect, if passed, on Jan. 1, 2016.
The Pathways Team