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FLSA & Proposed Overtime Rules

FLSA & Proposed Overtime Rules: What you Need to Do to Prepare The Department of Labor (DOL) has issued proposed changes that would substantially increase the minimum salary requirement for certain exemptions under the Fair Labor Standards Act (FLSA). Background The FLSA requires virtually ...
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Internal Controls

Keep Your Company on Course with Internal Controls Internal control is defined as “a process for assuring achievement of an organization’s objectives in operational effectiveness and efficiency, reliable financial reporting, and compliance with laws, regulations, and policies.” These controls allow management ...
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Strategic Accounting Solutions, launched 2015

New Service Line, launched 2015 WellsColeman is proud to announce our latest high quality service, Strategic Accounting Solutions! With this new service, you can know your financial transactions are being managed accurately and timely. Customized to your bookkeeping needs, services include: Recording of cash receipts and ...
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Home Office Deduction: Top Tips

Home Office Deduction Using your home for business may qualify you for additional tax breaks, deducting expenses for the business use of your home. If you qualify for the deduction, you may use either the simplified method or the regular method ...
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2015 Tax Changes for Businesses and Health Plans

2015 Tax Changes for Businesses and Health Plans There are many important tax changes taking effect in 2015. They are the result of the Tax Increase Prevention Act of 2014 (TIPA) as well as other tax legislation, or are triggered ...
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