Colorado extended the income tax payment deadline for Colorado taxpayers until July 15, 2020 without penalty or interest. It applies to any income tax payment, regardless of the amount. The state is not imposing any caps on the amount of…
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President Trump moves tax day to July 15
President Trump has moved Tax Day to July 15 giving taxpayers more time to file their taxes in the midst of the coronavirus epidemic.
New FLSA Requirements Suspended
The new FLSA overtime regulations which were set to increase the exempt salary threshold to $47,476 on December 1, 2016, have been temporarily suspended by Judge Amos L. Mazzant, III. Their implementation has been suspended until their legality can be…
Posted in Tips
New FLSA Requirements
New overtime regulations under FLSA will go into effect on December 1, 2016. The salary floor for FLSA exemptions will be raised to $913 per week or $47,476 annually. In order to still be considered exempt, employees will need to…
Posted in Tips
Language of Business
“You have to know accounting. It’s the language of practical business life.” Charlie Munger (Warren Buffet’s sidekick)
Posted in Quotes
Success
“My strong belief – backed by more than three decades of business experience and close-hand observations of several hundred business clients – is that you can’t successfully manage your business without a decent accounting system. Success requires accurately measuring profits…
Posted in Quotes
