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41 Years in the Making…Salary and overtime reform

Jun 13, 2016 | Accounting, Business Advice, General Tax Information

A ruling 41 years in the making…The Department of Labor has announced its finalization of economic reforms. One of those being the salary threshold. At present the threshold is $23,660 increasing to $47,467 on December 1, 2016. This has left businesses scrambling to...

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