November 1, 2019
The Department of Labor (DOL) announced a final rule that allows a much larger pool of employees to earn overtime if they work more than 40 hours per week. Specifically, the DOL raised the salary level for employees who are counted as “exempt” (or unable to earn overtime pay).
According to the DOL (dol.gov) the final rule:
The new overtime rule is effective January 1, 2020. Please contact our firm if you have any questions. We are here to help!
It’s that time of year when everyone can agree on one thing: Paying taxes is a drag. As we progress into a new tax season, follow these tips to help avoid a heavy tax burden this year:
To celebrate our 90th firm anniversary, the shareholders gifted staff and families a fun weekend in Omaha.
We met with fellow members of the ISCPA as well as ISCPA leadership, including CEO Cindy Adams and President Rod Foster. Iowa Dept. of Revenue Director Kraig Paulsen provided some insight to his department and how they are going to modernize it over the next 3-5 years. Once we arrived at the Capitol, State Auditor Rob Sand gave us some highlights regarding the State Auditor’s office and what has been going on during his first year in office.