The Department of Labor (DOL) recently finalized rules that will have a significant effect on which employees are due overtime for working more than 40 hours in a workweek. Most not-for-profit organizations must comply with the changes by December 1, 2016.
Topics: not-for-profit, Regulatory Reform, DOL, Overtime
Regulatory reform rarely happens in sweeping changes. Most of the time regulatory updates are incremental, which makes monitoring the little notices from Congress or the IRS important for organizations of all sizes. Taken together, the little things can have a significant impact on your organization’s operations.
Topics: tax, not-for-profit, IRS, IRS Updates, Amy O’Loughlin, Congress, Regulatory Reform