JUL
23

Overtime Option

New overtime option? Under a new bill proposed in the House, employers can offer to reward employees with extra time off in lieu of receiving pay at the usual time-and-a-half overtime rate. The choice would be voluntary. Any unused compensatory time at the end of a year would be converted to overtime pay.

www.SmallBizTax.net
Small Business Tax Strategies Vol. 12 No. 7 July 2017

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