Uncategorized

Blog posts from CPA Nerds that are uncategorized.

How Long You Should Retain Certain Records

Have you ever wondered exactly how long record retention is necessary? Which records are important? How long should you keep them? The Internal Revenue Service has provided a list detailing every important document and their retention schedule. This list includes: Accident reports …

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Court Stops December 1 FLSA Overtime Regulations

A nationwide emergency injunction was granted to prohibit the implementation of final FLSA regulations, which doubled the current minimum annual salary level required for exemption from $23,660 to $47,476 per year effective December 1st. On September 20, 2016, 21 states, …

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