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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Wednesday 05/11/2016

Capital Campaigns: It’s Not Just Bricks and Mortar

Al Harsar, CPA has experience with many avenues of fundraising for a non-profit organization, and he’s happy to explain:     Did you ever wonder what it takes for a non-profit entity to get the momentum rolling to fund a capital project? It starts with the Board’s desire to follow through on a plan, raise […]

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