3501 Tully Road Suite B • Modesto CA 95356
(209) 526-3091 • (209) 526-2287

New Overtime Ruling

on June 23, 2016

Back in 2014, President Obama directed the Secretary of Labor to update the overtime regulations to better reflect the Fair Labor Standards Act. This update should also simplify and modernize the rules so they’re easier to follow and understand. Recently, the Department of Labor issued its final rule that will potentially put more money in the pockets of middle class workers.

Beware of Penalties on Health Reimbursement Plans

on July 21, 2015

In the past, companies could give employees an allotment of money sufficient to reimburse them for their costs of buying coverage or a portion of it.

They found this to be less expensive and have less administrative costs than having a group insurance plan to manage. As long as the employees could show proof that these funds were being used for this purpose, the funds were excludable from taxable income for the employees. Alternatively, companies could pay the premiums directly.

This has, however, changed.


Clendenin Bird & Company, PC
3501 Tully Road Suite B • Modesto CA 95356
(209) 526-3091 • (209) 526-2287