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main 404.253.7500

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DOL Overtime Regulations on Hold

11.28.2016 The December 1st deadline for U.S. Department of Labor’s increased exempt-status salary thresholds is on hold, at least temporarily.

Last week a federal judge in Texas entered a nationwide injunction blocking the Department Of Labor (DOL) from implementing the new exempt-from-overtime salary threshold that was announced earlier in the year.(Read Frazier & Deeter’s earlier article here.)The court decided that nothing in the Fair Labor Standards Act’s (FLSA) gives the DOL authority to create a "salary test" and concluded that the "white collar" exemption depends on an employee’s duties rather than the employee’s salary.

Given the December 1st deadline most employers have already prepared for the change. If you haven’t, this ruling means you’re no longer under the gun to make changes this week.

All eyes will be on the courts to see what happens next in this evolving situation.

 

DOL overtime rule on hold; The Department of Labor new overtime rule

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Frazier & Deeter, a Top 100 Largest CPA Firm in the United States, has accountants and business advisors who offer a full range of assurance and advisory services in the areas of audit, tax and management consulting and personal tax planning and compliance. As a leading accounting firm, we serve clients across the nation and internationally that include closely-held companies, SEC companies, and nonprofit entities. Headquartered in Atlanta, Georgia, we have been recognized as the 56th largest accounting firm in the nation, as one of the Top 25 Best Managed CPA firms in the country, and one of the Best Accounting Firms to Work for in the U.S.
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