What is the definition of overtime under the FLSA-- it's not what most people think What is the Portal-to-Portal Act and how does it affect overtime How to calculate the regular rate of pay Tracking hours worked and the use of rounding practices The eight narrowly construed exceptions to the inclusion of payments in the regular rate When you must include a bonus in calculating your employee’s overtime pay What is the overtime premium and how is it calculated How to calculate overtime if a bonus covers more than one workweek Using the weighted average method to calculate overtime when and where it must be done When and how to use the “fluctuating workweek” When can the “alternate” method of calculating overtime be used

Areas covered in this Training: DOLs New Rule on Independent Contractor & Employee Classification effective from March 11th, 2024 What’s the New Test that Determines Status What classifications of workers are permitted under IRS Rules What is the common law rule and how is it used to determine worker status What are the three factors the IRS uses to determine worker status and how to apply them correctly How the FLSA rules differ from the IRS rules and why you must follow both even as the FLSA regs are being update in 2024 How does the state trump both the IRS and the FLSA on determining independent contractor status with the ABC test for SUI What are the latest agreements or programs being used by the IRS, DOL and the states to “find” misclassified employees Using the Form SS-8 to your advantage to determine worker status Who gets a W-2 and who gets a 1099 and why it should never be the same worker Find out how easily a 1099 audit can be triggered and why the chances of getting one are on the rise What are the penalties for misclassifying an employee as an independent contractor and who assesses them. It is not just the IRS you have to worry about. You found out you have a misclassified employee—now what?