DOL Updates Regular Rate of Pay Rules
The U.S. Department of Labor (DOL), announced a new final rule that clarifies how to calculate an employee’s regular wage rate under the Fair Labor Standards Act (FLSA). The final rule became effective on Jan. 15, 2020.
Calculating the regular rate is an essential first step when determining an employee’s overtime compensation.
A New Year, a New Form W-4
The IRS released an updated version of its Form W-4, also known as the “Employee’s Withholding Certificate.”