November 2012


The Fair Labor Standards Act (effective August 23, 2004) guarantees overtime protection to salaried employees earning less than $23,660 per year–thereby strengthening overtime rights for millions of American workers.

Since the enactment of these standards, wage-and-hour lawsuits have been on the rise with over 7,000 lawsuits filed in federal courts in the past year. Don’t be caught in the middle of one of today’s hottest litigation areas.

How well do you do your wage and hour law?

After you take the quiz, check your answers at the end of this post.

1. Which of the following terms is used to describe an employee whose minimum wage and overtime rights are not guaranteed under the Fair Labor Standards Act?

A. Exempt
B. Blue-Collar
C. Executive
D. Management

2. The modified FLSA laws that went into effect on August 23, 2004 are referred to by the Department of Labor as which of the following?

A. The Fair Pay Rules
B. Duties Test
C. White Collar Test
D. Blue Collar Rules

3. The Fair Pay rules guarantee overtime protection to all employees earning less than how much salary per week?

A. $155
B. $262
C. $393
D. $455

4. The principal, main, major, or most important duty that the exempt employee performs is defined as which of the following?

A. Executive duty
B. Management duty
C. Primary duty
D. Exempt duty

5. An exempt executive employee must customarily and regularly direct the work of at least how many other full-time employees?

A. One or more
B. Two or more

6. Under the FLSA, a workweek begins on?

A. Saturday
B. Sunday
C. Monday
D. Any day of the week

7. The Fair Labor Standards Act does NOT regulate which of the following?

A. Record retention
B. Agricultural jobs
C. Vacation or holiday pay
D. Employment of minors

8. Employees NOT protected by FLSA (or “exempt”) mostly include what type employees?

A. Administrative, executive, and professional employees
B. Manufacturing employees
C. Employees paid on a piece rate basis
D. Waitresses and Bartenders

9. Which of the following may bring suit for back wages?

A. Secretary of Labor
B. Wage and Hour Division
C. Securities and Exchange Commission
D. Internal Revenue Service

Answers: 1A, 2A, 3D, 4C, 5B, 6D, 7C, 8A, 9A

Review questions courtesy of Colleen Neuharth McClain from her self-study course on Wage and Hour Law.

CPE Link  is proud to announce it has launched www.CPE4RTRP.com, a simple, user-friendly, one-stop website dedicated exclusively to helping tax preparers figure out and meet the new IRS requirements for certification and continuing professional education.

According to the IRS, hundreds of thousands of tax preparers have yet to take the Registered Tax Return Preparers (RTRP) competency exam , and they are running out of time to meet the December 31 deadline this year to complete their 15 hours of required CPE.

CPE is an entirely new experience for a large number of people who have been preparing IRS tax returns for years or even decades. We get hundreds of calls daily from uncertain and often frustrated tax preparers who are trying to sort out what they need to do to prepare for the exam and to fulfill the newly mandated continuing education requirements. That’s why we’ve created the website just for them.

Preparing for the influx of registered tax preparers, CPE Link has made the search for exam prep courses and qualified CPE much simpler and easier, starting with the dedicated website. In one place, CPE4RTRP.com provides everything the tax preparer needs, presented in clear, straightforward choices.

Convenient, affordable RTRP CPE package. Tax preparers can choose an all-in-one 15-hour package that fulfills the full year’s CPE requirement. They don’t have to search through a lengthy catalog or database of courses to find and select the ones that apply to them because CPE Link has done the work for them.

The courses included in the complete CPE package are all self-study, so users can work at their own pace to complete the required hours by the fast-approaching December 31 deadline. In addition, to make compliance even easier, CPE Link takes care of reporting completed credit hours to the IRS.  Tax preparers who have never done this before are concerned about reporting their credits correctly and on time.

Best exam prep tools. In addition to getting the required CPE completed on time, many RTRPs seek help preparing for the competency exam. CPE Link is making that easier too, by offering the 15-hours of required CPE, plus the best exam prep tools, available in one convenient package. Located on CPE4RTRP.com, the Ultimate RTRP Value Bundle includes the popular RTRP exam-prep webinar series by Tax Mama, Eva Rosenberg. It also provides the exam review manual, with essential tax preparation information, exercises, and practice exam questions, from Wiley, an industry leader in exam preparation materials for CPAs.

Online chat customer service
For tax preparers who have questions about the IRS RTRP requirements related CPE Link course offerings, visitors to CPE4RTRP.com can get their questions answered via online chat with an RTRP-dedicated customer service specialist.

The RTRP requirements can seem complex and overwhelming, and with deadlines looming the stress and uncertainty increases. With CPE4RTRP.com, we’ve done everything we can think of to help alleviate that stress.