by Anne Angera | May 10, 2024 | Resources For Employers, Uncategorized
UPDATE: As of July 1, 2024, the DOL final rule is now in effect. The U.S. Department of Labor (DOL) has issued a new final rule regarding the salary threshold for determining whether employees are exempt from federal overtime pay requirements. The threshold is slated...
by Anne Angera | Apr 11, 2024 | Resources For Employers
Business owners are commonly and rightfully urged to regularly generate financial statements in compliance with Generally Accepted Accounting Principles (GAAP). One reason why is external users of financial statements, such as lenders and investors, place greater...
by Anne Angera | Apr 6, 2024 | Resources For Employers, Resources For Individual Taxpayers
President Biden has released his proposed budget for the 2025 fiscal year, including numerous tax provisions affecting both businesses and individual taxpayers. While most of these provisions have little chance of coming to fruition while the U.S. House of...
by Anne Angera | Mar 11, 2024 | Resources For Employers
Few and far between are businesses that can either launch or grow without an infusion of outside capital. In some cases, that capital comes in the form of a commercial loan from a bank or some other type of lender. If you and your company’s leadership team believe a...
by Anne Angera | Mar 2, 2024 | Resources For Employers, Resources For Individual Taxpayers
If you’re gathering documents to file your 2023 tax return and you’re concerned that your tax bill may be higher than you’d like, there might still be an opportunity to lower it. If you qualify, you can make a deductible contribution to a traditional IRA right up...
by Anne Angera | Feb 29, 2024 | Resources For Employers
The U.S. Department of Labor’s (DOL’s) test for determining whether a worker should be classified as an independent contractor or an employee for purposes of the federal Fair Labor Standards Act (FLSA) has been revised several times over the past decade. Now, the DOL...
