Do you have employees covered under Medicare? You can reimburse those employees under the Affordable Care Act, as long as certain requirements are met. The Affordable Care Act requires Applicable Large Employers (any Company that has an average of at least 50 full-time equivalent employees) to offer their employees coverage under a group health plan […]
Kelli Meadows Published in VSCPA’s “Member Thoughts”
The Virginia Society of Certified Public Accountants (VSCPA) has published Kelli Meadows’ article in their Member Thoughts series. Check out her article here.
New FLSA White Collar Overtime Exemptions
What does the new FLSA rule mean to you and your business? If your company has any employees, then you are likely familiar with wage and overtime pay rules under the Fair Labor Standards Act (“FLSA”) and the exemptions from those rules commonly referred to as the “white collar overtime exemptions.” The U.S. Department of […]
Do Construction Company Owners Qualify as a Real Estate Professional?
Owners of construction companies are often involved in other active areas of real estate such as fix-and-flip projects, property management and development to name a few. When these owners also acquire rental real estate as part of a buy-and-hold strategy, they may wonder if the tax losses typically generated by long-term rental properties (due to […]