by Steven J Weil, PhD, EA, LCAM | Jan 9, 2023 | Accounting, Blog
A recent investigation by the Department of Labor (DOL) found that 11 franchisees in 6 states of the Utah-based Crumbl Cookies bakery company violated federal child labor laws. According to the Fair Labor Standards Act (FLSA), whether school is in session or not, 14...
by Steven J Weil, PhD, EA, LCAM | May 27, 2021 | Accounting, Blog, Business Tax
IRS WANTS BUSINESS TO KNOW WHAT IS A “RESTAURANT” IS! The IRS has lets us all know what is, and what is not, a restaurant, for purposes of the rule that allows a 100% deduction for certain business expenses for food and beverages provided by a restaurant...
by Steven J Weil, PhD, EA, LCAM | Mar 5, 2021 | Accounting, Blog, Covid-19
PPP Update for the Self-Employed SBA Revises Loan Calculation and Eligibility A new SBA, Interim Final Rule revises loan amount calculations and eligibility to permit self-employed individuals who file Form 1040, Schedule C to calculate their maximum loan amount using...
by Steven J Weil, PhD, EA, LCAM | Mar 16, 2017 | Accounting, Investments, Wealth
By Steven J. Weil, Ph.D., EA, President, RMS Accounting Losing someone close is always a sad, somewhat frightening, and quite confusing experience. For the person who must also deal with the financial and legal implications, it carries some heavy responsibilities as...