Resources

Archive for May, 2016

Friday 05/27/2016

A Withholding Rule Could Affect Your Real Estate Transactions

Shirley Wu, CPA has tons of valuable experience with real estate transactions between an American and a foreign person:     Have you thought about buying American real estate property from a foreign person? Or maybe, you are a foreign person and considering selling U.S. real estate property. If so, it’s important that you know […]

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Tuesday 05/24/2016

Why Does My CPA Use Outside Consultants?

Have you ever wondered about this? Tom Krause, CPA clarifies:     Our Firm’s primary job is to assist our clients in the best way possible. This is why clients rely on us. But, as the saying goes, “You cannot know everything.” This is more appropriate today than even 27 years ago when I started […]

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Friday 05/20/2016

DOL Announces Final Updates to White Collar Overtime Exemption

Lisa Satonick, SPHR, SHRM-SCP, explains breaking news regarding The Fair Labor Standards Act:     After months of speculation about the final rule, the Department of Labor announced on Wednesday that the new minimum salary threshold for overtime exemption will be $47,476 as of December 1, 2016. With the new rule in place, all salaried […]

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IRS Issues Penalties in Error

Kelly Linden, CPA gives a quick update on the IRS’s erroneous penalties:     The IRS announced that it’s working to resolve an error in which taxpayers that made payroll deposits after April 15th, 2016 but before April 18th, 2016 were issued failure-to-deposit penalties. Because the deadline for employers to make payroll tax deposits was […]

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Tuesday 05/17/2016

A G400 Designation Gives Corrigan Krause a Leg Up

What is the G400, you may ask? Molly Stinn, CPA has the answers:     I just returned from the 2016 AICPA G400 Conference in Denver, which was an insightful and inspiring meeting of firms like ours. The G400 is a wonderful resource for CK, and I want you to know more about it. The […]

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