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Congratulations to George & Rachel

Honors and Awards Congratulations to George Forsythe, CPA and Rachel Cassidy, who were featured in the newest edition of Accounting Today.  In the article, "Generational Viewpoint: Remaining Relevant," George and Rachel share their perspectives on ensuring sustainability and relevancy in the profession by ...
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Congratulations to George Forsythe

Honors and Awards Congratulations to WellsColeman managing partner George Forsythe, who was featured in the newest edition of the VSCPA's Disclosure Magazine.  In the article "Coaching programs get new partners off to a great start," George discusses her participation in a LEAD ...
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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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IRS Increases Interest Rates

IRS Raises Interest Rates for the First Time Since 2010   The Internal Revenue Service has raised interest rates for the calendar quarter beginning April 1, 2016, the first change to the interest rates since the fourth calendar quarter of 2010 ...
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Review of Tax Return Letter

Refunds May Be Delayed due to Extra Review The Virginia Department of Taxation is sending "Review of Tax Return" letters (AUIN073A RAP Additional Review) to some taxpayers to verify withholding information.  This letter tells you that the Virginia Department of ...
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