Blog

  • Possible Overtime Law Changes for Exempt Employees

    Be Prepared for Possible Overtime Law Changes for Exempt Employees From the HR Pros at Richard A. Beauchemin, CPA/Carolina Accounting & Tax Service, PLLC – Overtime Law Changes for Exempt Employees As you have probably heard, the Department of Labor is planning to dramatically raise the minimum salary requirement for employees to qualify as exempt…

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  • Tip Pooling and Back of the House Employees

    What is Tip Pooling Does your restaurant or service business accepts tips and have a tip pooling arrangement in place. Have you checked it lately to see if your tip pooling policy is in compliance with Federal DOL labor laws? If not, you’ll want to check out this post and check to see if you…

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  • IRS Criminal Investigations for 2015

    IRS Criminal Investigations for 2015 still above 90% The IRS Criminal Investigations unit published its annual report for 2015. Below is our Infographic highlighting key statistics. Here are some surprising statistics: IRS criminal Investigations staffing level has declined each year from 1995 to 2015. Over the twenty year span there has been a 45.3% decrease in IRS…

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  • Collecting Payroll Taxes from Businesses – IRS to be More Aggressive

    IRs recently launched two new programs. Both initiatives indicate the IRS will be more aggressive collecting payroll taxes from businesses. The first initiative is to identify and contact businesses much quicker. Previously, the IRS would wait until after payroll reports were filed before contacting a business for late and missing payroll tax deposits. Now they will attempt…

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