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October is upon us and that means football, baseball playoffs and, of course, year-end planning! As we enter this 4th quarter of the year, the team at RCG is highlighting 5 areas that we have identified for your new or renewed attention:
Virginia's Tax Amnesty Program for Taxpayers
The Commonwealth of Virginia recently announced a tax amnesty program for...
New Overtime Regulations Announced
Background:
Under the Federal wage and hour law, the Fair Labor Standards Act (FLSA), non-exempt workers are required to be paid overtime pay – 1.5 times their regular rate – for all hours worked in excess of forty (40) in a week There are exemptions to this requirement. The most...
Considerations for for-profits and not-for-profits alike...
According to one online dictionary citing Webster’s, embezzlement is defined as “The act of fraudulently appropriating to one’s own use, the money or goods entrusted to one’s care and management.” Embezzlement differs from certain other types of theft in that the person committing...
