Joke :D “An Attorney and an Tax Accountant…”

  It’s Friday! Time for a laugh! While there quite a few accountant jokes out there, allow me to share one of my favorites. RICK   An Attorney and an Tax Accountant are sitting next to each other on a long flight from LA to NY. The Attorney leans over to the Tax Accountant and…

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Repost – 5 Ways to Enjoy March Madness…

Gracy’s latest article… By Gracy Olmstead March 15, 2017 We all need opportunities to connect, have fun, and forget politics. There’s no better way than the NCAA March Madness basketball tournament.   March is a crazy time of year for an accountant’s family. Associating the month with “madness” seems only natural. My dad would work…

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March Madness – Taxes & Traditions

  March Madness: Taxes & Traditions March Madness comes in many forms. We call it “Tax Season” because it is a time of year… each year, and every year… when there is a season of abundance. There is so much work to do before the tax deadline. Like any season of harvest, you try to…

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The New FLSA Overtime Rules Do Not Have to Mean Higher Wage Costs

Update…  11/23/2016.  Yesterday, a Federal court in Texas put a temporary injunction on the new law. 21 states had been contesting the bill, which was consolidated into a single suit claiming the Department of Labor did not have the authority to make this large change. This action doesn’t reverse law, but only puts the implementation…

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Part 3 – Increasing The Minimum Wage Rate: Solution or Problem?

  Part 3 – Increasing The Minimum Wage Rate: Solution or Problem?   Many states have, or are considering, increasing the minimum wage rate. I’ve written two articles to help business owners/managers analyze the impact a wage rate increase (Part 1), and to discuss some of the primary strategies in dealing with it (Part 2).…

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