MBA News

It’s been about five months since the Department of Labor’s (DOL’s) Wage and Hour Division issued its proposed update on overtime rules. Specifically, the agency has suggested revisions to the definition of which employees are exempt from overtime pay... Continue Reading

Buying a gas-guzzling SUV, pickup or van may be frowned upon for environmental reasons. But these vehicles can be useful if your business needs to haul people, materials, inventory or equipment around. They also offer major tax advantages for businesses when they’re... Continue Reading

While tax consequences should never drive investment decisions, it’s critical that they be considered — especially by higher-income taxpayers, who may be facing the 39.6% short-term capital gains rate, the 20% long-term capital gains rate and the 3.8% net investment income tax... Continue Reading

If you have money set aside in a Flexible Spending Account (FSA), you know it’s a great tax saving vehicle. Not only are your FSA contributions not taxed, but you don’t have to wait until you have enough money in the account for a planned medical expense, such as... Continue Reading

Is converting a traditional IRA to a Roth IRA a good idea for you? At first glance, a Roth IRA may not seem worthwhile. You cannot deduct Roth IRA contributions in the current year, while you can make tax-deductible contributions to a traditional IRA if you meet the income... Continue Reading

There’s “good news” for businesses, say the authors of “From Evidence to Practice: Workplace Wellness that Works,” an analysis by Johns Hopkins University. Academic studies show that “when done right, workplace health promotion and disease... Continue Reading

It’s a critical time of year for the not-for-profit sector. Historically, a significant amount of charitable donations occur in the last weeks, days and even hours of the year. In fact, many charities are using “Giving Tuesday” on December 1, 2015, as a catchy... Continue Reading

Donations to qualified charities are generally fully deductible, and they may be the easiest deductible expense to time to your tax advantage. After all, you control exactly when and how much you give. But before you donate, it’s critical to make sure the charity you’re... Continue Reading

Is the concept of a 40-hour workweek too radical for your company? In one survey — the 2015 Workplace Flexibility Study — 65% of participants said they believe their employers expect them to stay connected to the office, long after they leave for the day. Naturally, workers who... Continue Reading