Hernandez & Co., is pleased to announce that it has been named a Top 300 Public Accounting Firm by INSIDE Public Accounting. In addition to the 2017 IPA Top 300, H&CO also received the following recognition: • A 2017 IPA 300 Fastest-Growing […]
Every year, the dollar amounts allowed for various federal tax benefits are subject to change based on inflation adjustments and legislation. Here are some important tax figures for 2017, compared with 2016, including the estate tax exemption, Social Security wage base, qualified retirement plan and IRA contribution limits, driving deductions, allowable business write-off amounts and more.
Although new overtime regulations were set to kick in on December 1, a federal district court has moved to block the changes, at least temporarily. What does this mean for employers and what should they do now? Whether businesses should immediately drop plans to comply with the new rules, or move forward anyway, may not be a simple question for employers to answer. Here’s more.