Blog

  • Affordable Care Act (ACA) Reporting Enforcment

    On Friday, October 13, 2017 the IRS issued a statement on Health Care reporting for the upcoming tax season. When taxpayers file their tax returns in 2018 the IRS will not accept filed tax returns that does not include the required information for healthcare coverage. This will be the first year that the IRS will…

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  • 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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