23 November 2016 In Blog style

A federal judge in Texas blocked the Department of Labor’s new federal overtime rule.  The new rule would have essentially doubled the FLSA salary threshold for exemption from overtime from $23,660 to $47,476.  This injunction preserves the current status quo.
Employers may continue to follow the existing overtime regulations beyond December 1, 2016.

Because a preliminary injunction isn’t permanent, the overtime rule could still be implemented in the future…but until then follow the existing overtime rules.  If you had already made changes to comply with the new threshold, such as increased salaries or reclassified employees in anticipation of this new rule that was to have taken effect December 1, you may want to leave those changes in place.

21 November 2016 In Blog style

We can take a slight breather for one month since the deadline to provide employees with the 2016 1095-B and Form 1095-C forms has been extended for 30 days from January 31, 2016 to March 2, 2017.  However, the due date to file the forms to the IRS has remained February 28, 2017 (if filing on paper) or March 31, 2017 (if filing electronically).

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