What Will Be Threshold for OT Rule? Who Suffers from Writers’ Strike? Will R&D Tax Credits Return?

THRIVE, a Paychex Business Podcast · Jun 15, 2023 · 7m

As the U.S. Department of Labor delays the announcement of OT Rule, speculation begins on what the salary threshold will be. Some hint it could go as high as $80,000, but Gene Marks suggests that $60K seems more likely. Speaking of change, if pen doesn’t hit paper to resolve the writers’ strike, small businesses that rely on those people working to make a living will take the biggest hit, which other small businesses did when two key tax credits weren’t renewed. Listen to the podcast.

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