Posted on: 6/9/16
CHANGES TO EXEMPT EMPLOYEE STATUS
On May 18, 2016, the Department of Labor announced their Final Rule updating the overtime regulations, which will impact employees who may currently be classified as Exempt and not entitled to overtime pay. Employers may want to take this opportunity to audit employee job descriptions to ensure that those employees, whose salary does not meet the new minimum, still qualify for Exempt status based on the DOL's SALARY BASIS TEST.
Click HERE for more information.
*Marvin and Company, P.C. will be hosting a webinar on this topic on July 20 as part of our Marvin University Webinar Series. Stay tuned for details.
Posted on: 5/26/16
Brenda Schermerhorn of Marvin and Company, P.C.'s tax department will be featured on the Siena Alumni Connection with host Mark Grimm this Friday talking about how she and her beagle (Henry) visit hospitals and nursing homes as patient therapy. She will also explain why accounting isn't just about the numbers.
Program airs Friday, 4:30 pm on FM 88.3, wvcr.com and on the iHeart radio app. We'll have a link to the interview after it airs.
Posted on: 5/3/16
The New York BizLab, a technology accelerator, officially launched the BizHub this week made up of the Tech Valley region’s top-tier experts in the areas of accounting, human resources, legal and recruiting services. Marvin and Company, P.C. is proud to partner with BizLab’s BizHub as an accounting expert.
Posted on: 4/6/16
Marvin and Company, P.C., a Capital Region-based firm offering services in accounting, auditing, taxation and management consulting, is pleased to announce that it has been awarded a 2016 Top Workplaces honor by The Times Union. The Top Workplaces lists are based solely on the results of an employee feedback survey administered by WorkplaceDynamics, LLC, a leading research firm that specializes in organizational health and workplace improvement. Several aspects of workplace culture were measured, including Alignment, Execution, and Connection, just to name a few.
Posted on: 2/1/16
Form 1095 verifies that person met Obamacare health coverage mandate
This article addresses the most important things to know about Form 1095, the new requirement under the Affordable Care Act for employers, insurance companies and state-run insurance exchanges to provide Americans with independent verification that they met the law's mandate to carry health insurance.
If you didn't have health insurance in 2015, the penalties this year have increased enough for most families to feel the difference, said Jim Amell, a director at Marvin and Co., a Latham-based accounting firm.
Posted on: 1/29/16
Marvin and Company, P.C. is pleased to announce that Heather R. Lewis, CPA has been named a Director and Shareholder. Lewis is the youngest female director in the firm’s over 90-year history. Lewis joined the firm in 2002 and previously served as a senior assurance manager.
Posted on: 1/29/16
Marvin and Company, P.C. continues to grow and is pleased to announce the addition of three new hires to its team as well as several staff promotions.
Posted on: 1/26/16
Marvin and Company, P.C. Director Kevin P. O'Leary, CPA was recently interviewed by the Albany Times Union. He was asked to comment on using your home to save on monthly bills and earn tax credits.
The installation of new windows and exterior doors also offers a maximum lifetime tax credit of $500, said CPA Kevin O'Leary of Marvin and Company in Latham.
Posted on: 1/26/16
Marvin and Company, P.C. Director Thomas W. Donovan, CPA was recently interviewed by the Albany Times Union. He was asked to comment on the effect the stock market may have on pension plans in the coming year.
"12-31 is a popular measurement date for a lot of the plans," said Tom Donovan, director at Marvin & Co., Colonie-based certified public accountants and consultants. "Most of the decline we're talking about has hit just in the past couple of weeks, since 12-31."
Posted on: 12/21/15
12.17.15 - LookTV - Interview with James E. Amell, CPA, Director, regarding Interest Rate Hike