Archive for Associates

How Each Presidential Candidate Will Impact Taxes

Any run for political office involves lots of promises, none more so than the run for president. Each presidential candidate pledges to improve the economy, jobs, education, healthcare, immigration, civil rights, and more. Like every one of the fifty-six presidential elections that have gone before, some of those promises will be realized, and some will fall by the wayside. What’s certain, though, is that no matter who gets elected come November, our nation’s tax laws will be affected. What does that mean for you?

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UPDATED: FLSA Overtime Changes Announced

The revised Fair Labor Standards Act (FLSA) is now active, impacting an estimated 4.2 million working Americans. The FLSA is the federal law that governs overtime pay, among other labor standards. Although the changes become law as of today, covered employers are not required to implement them until December 1st of 2016. The changes were made to ensure that employees receive fair compensation and to protect those employees working 50 to 60 hours per week without fair compensation. How do the FLSA changes impact employees?

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160,000 Jobs Added to the Economy in April

The Latest From the BLS Employment Report: 160, 000 Jobs Added in April Economists predicted another month of 200k+ job additions ahead of this morning’s jobs report but the latest data told a different story. The Bureau of Labor Statistics announced 160,000 jobs were added in April and while this was below expectations, we still boast 65 straight months of positive job growth. Employment growth has averaged 232,000 per month.

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How to Know if Your Accountant Was Trained at Hogwarts

When trying to find an accountant to help with your taxes, follow these tips: You know your taxes are due on April 15 (or April 18 this year thanks to Emancipation Day), and you know you will either owe money or get a nice check from Uncle Sam. But you also know it’s never really that simple. Tax returns can get complicated, especially if you’re self-employed, make extra cash through a side gig or recently inherited cash or stock.

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