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Exempt vs. Non-Exempt: Understanding These DOL Classifications

Exempt vs. Non-Exempt: Understanding These DOL Classifications

by oskar144 | Feb 15, 2022 | Uncategorized

The Fair Labor Standards Act (FLSA) sorts all workers covered by FLSA into one of two categories: exempt, or nonexempt. Nonexempt employees must be paid a minimum wage, plus overtime pay at 1.5 times their regular rate of pay for all time worked beyond 40 hours in a...
Understanding the IRS’ Affordable Care Act Penalty Letters

Understanding the IRS’ Affordable Care Act Penalty Letters

by oskar144 | Feb 14, 2022 | Featured, Uncategorized

The Internal Revenue Service (IRS) continues to propose Employer Shared Responsibility Payment (ESRP) assessments for the 2015 tax year. It is expected that 2016 and, following that, 2017 proposed assessments will begin shortly. The ESRP is assessed to applicable...
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