by churchshie | Jul 12, 2016 | Accounting
Late last year we posted that the Department of Labor had delayed some significant changes to the FLSA overtime rules. They have now finalized those changes and they are set to take effect on December 1, 2016. The full details of the changes can be found on the DOL’s...
by churchshie | Dec 2, 2015 | Accounting
Earlier this summer the Department of Labor indicated that it would increase the minimum salary requirement for what are often referred to as the white-collar exemptions from overtime compensation. These exemptions allow employees to not pay overtime to certain...
by churchshie | Sep 25, 2015 | Accounting, Tax
This summer the U.S. Department of Labor (DOL) issued Administrator’s Interpretation No. 2015-1, which discussed misclassification of employees as independent contractors. Federal and state governments are beginning to take more initiative to investigate employers...
by churchshie | Dec 21, 2013 | Accounting, Tax
2014 Standard Mileage Rates The IRS has announced the standard mileage rates will go down slightly in 2014. Below are the new mileage rates starting 1/1/14: Business use of a vehicle– 56 cents per mile Medical and moving miles –23.5 cents per mile Charitable miles –...
by churchshie | Aug 30, 2013 | Accounting, Healthcare, Tax
Is your church properly classifying its workers as employees or independent contractors? With the implementation of the Affordable Care Act the IRS will examine independent contractor classifications more carefully and the penalties and fees for mis-classification...
by churchshie | Aug 6, 2013 | Accounting
Healthcare Implementation Delayed This isn’t “new” news anymore, but as we haven’t been on the blog in a while, we thought it important enough to post even if a bit delayed. As you may be heard, the federal government has decided to delay the full implementation of...
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