Archive for November, 2016

Wednesday 11/30/2016

The Latest News on the Fair Labor Standards Act

The Society for Human Resource Management is keeping everyone up to date on the Fair Labor Standards Act. Lisa Satonick, SPHR, SHRM-SCP summarizes:     As you may know, the final Fair Labor Standards Act’s (FLSA’s) overtime rule was set to go into effect Thursday, December 1. A federal judge in Texas put the brakes […]

Read More

Tuesday 11/22/2016

Charitable Giving From an IRA

Chris Eichmuller, CPA has information on a different way to make charitable donations:   Are you over 70 ½?  Are you required to take distributions from your IRA?  Are you a charitably-inclined person? The recently enacted “Protecting Americans from Tax Hikes Act of 2015” contains a permanent extension of the popular rule allowing tax-free IRA […]

Read More

Thursday 11/17/2016

Giving Tuesday is Coming Up!

Al Harsar, CPA on the power of Giving Tuesday:     In just over a week, preparation for holiday season gift-giving will be in full swing. But what about focusing on something other than presents during this charitable time of year? Giving Tuesday was a movement started in 2012 to set one day aside each […]

Read More

Friday 11/11/2016

Have You Thought About Succession Planning Recently?

Mike Bigrigg, CPA/ABV recently gave a presentation on business valuations and succession planning. Here is what you need to know:     Two-thirds of businesses in the United States are owned by entrepreneurs over the age of 50. It is estimated that 10 million of those business owners will retire in the next 10 years. […]

Read More

Monday 11/07/2016

Why Should You Outsource Your Bookkeeping?

Susie Johnson gives a rundown of the benefits to outsourcing this important piece of your business:     Bookkeeping. Anymore, business owners look at this task as a chore that no one really wants to take the time to accomplish. However, if neglected, responsible financial decisions will be overlooked. There is a simple solution to […]

Read More