Originally posted by rbynaker
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I'm interested in if Sally VERYSmallBusinessOwner will realize that she is not subject to the Fair Labor Standards Act , and therefore this doesn't apply. And/or when she find out that because she isn't subject to the Fair Labor Standards Act, she stops paying time-and-a-half for over 40 hours a week (although subject to state laws).
I have one client that falls into this. His business is only in operation for an EXTREMELY short time each year, so his business income and actions are not subject to the Fair Labor Standards Act. During that very short business time, his employees work well over 40 hours a week. The employees are not going to be happy when they find out their overtime is still fully taxable.
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