When you legally establish your own small business, the type of business structure you ultimately choose will affect everything from how you govern your company to how you file your taxes. In other words, it is an important, impactful decision, and the more you understand about the process and the different business formation types that exist, the better your chances at selecting the best option for your unique needs.
Working overtime can be bittersweet. On one hand, the extra money can be nice, but on the other hand, you probably want to go home and do other things with your time. Sometimes you do not have a choice, though, and your employer tells you that you have to work over 40 hours that week. You may be wondering about the legality of this situation, and rightfully so. There are a few things you should know.