Have You Heard About the New Tipped Employee Laws Under the Fair Labor Standards Act Yet?
If you own a restaurant and your employees are tipped, listen up! This post specifically applies to you as it pertains to the new tipped employee laws set forth by the Fair Labor Standards Act.
The National Restaurant Association (NRA) published a memo on May 4, 2011 which summarizes new tipped employee laws under the Fair Labor Standards Act. If you employ tipped employees (which you probably do otherwise you probably wouldn’t have read this far), these laws will impact your business so it’s imperative that you stay up to date on these developments as they become available.
This situation is bound to get ugly. In fact the NRA, Council of Restaurant Associations, and the National Federation of Independent Business have already filed suit against the United States Department of Labor (DOL) because employers never had a chance to comment on the new amendments to the Fair Labor Standards Act and it only gave employers 30 days to comply.
While the parties involved in the lawsuit work to resolve this situation, we recommend that you download the NRA’s Tip Notices to hand to your tipped employees to remain in compliance with the law.
If you own an establishment in the service industry here in Southwest Florida and you’re still unclear about these tipped employee laws set forth by the Fair Labor Standards Act, a knowledgeable Naples CPA can help you better understand these rules and implement a game plan to also inform your employees.
In Naples, call (239) 384-9688 or if you live closer to Fort Myers, call (239) 768-5008 to schedule an appointment. Or simply contact us online for more clarification of these new laws.
-Mark
This information is based on facts, assumptions and representations as stated and authorities that are subject to change. We will not update this information for subsequent legislative or administrative changes of future judicial interpretations.
LEGAL NOTICE AND DISCLAIMER: The information within this blog is for informational and educational purposes only and is not tax advice and should not be used as such. The facts of each individual situation can have significantly different outcomes when applying tax law. The hiring of a CPA is an important decision not to be based solely on advertisements.
