CPAFMA - The New Normal
Have you caught yourself saying, TripleA? Your Association staff has done it more times than we’d like to admit but with each day, CPAFMA is rolling off the tongue more easily. The profession has embraced the change and while we still see references to “AAA”, we are seeing more and more shades of green. We seem to be reaching more individuals from our member firms and the buzz is that our mission and vision are ...
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Proposed DOL Amendments
All members should be cognizant of Proposed Department of Labor (DOL) Amendments as they relate to compensation for exempt employees. Currently, the minimum salary requirements to meet the definition of exempt employees for executive, administrative and professional (EAP) is (and has been since 2004) $23,660. On July 6, 2015, the DOL proposed increasing that amount to $50,440. While the proposed increase has NOT been ...
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What's in a Name?
It’s not often I quote Shakespeare, but here it goes: “What’s in a name? That which we call a rose. By any other name would smell as sweet.” Here, Juliet is telling Romeo that a name is an artificial and meaningless convention. This one line shows the central struggle of the play Romeo and Juliet, and is one of Shakespeare’s most famous quotes. I’m using it to illustrate that while ...
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