Tax Insights

“Final Rule” Increases Employees’ Classification for Overtime

A new rule to determine when certain employees must be paid for overtime becomes effective on December 1, 2016. This mandate has updated the minimum pay threshold for meeting exemptions from the salary-level test under the FLSA. Employers should be aware of the changes and plan accordingly.

Read the article from the Fall 2016 GYF Perspectives.

GYF News

Grossman Yanak & Ford LLP, a certified public accounting and consulting firm, was founded in 1990. The firm is led by seven partners and serves clients in Pittsburgh and the surrounding region.

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