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Archive for December 1st, 2022

December 1, 2022 0 Comments

Fact Sheet #23: Overtime Pay Requirements of the FLSA U S. Department of Labor

For salaried non-exempt employees, divide their weekly salary by the standard 40-hour workweek to calculate their regular hourly rate. Federal law requires that all amounts, including nondiscretionary bonuses be included in the regular rate when calculating overtime. Federal law requires that all amounts, including nondiscretionary bonuses, be included in the regular rate when calculating overtime. […]

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July 15, 2022 0 Comments

FRF for SMEs to the rescue?

According to HKICPA, HKFRS is designed to apply to general purpose financial statements and other financial reporting of all profit-oriented entities. The following article by GLA will provide an overview of accounting standards in Hong Kong, helping businesses understand the important principles and requirements when operating here. GAAP’s growing prescriptive requirements can lead to unnecessary […]

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April 28, 2022 0 Comments

Обзор криптовалюты Atom: нативный токен блокчейна Cosmos Hub

Проект Atom также стремится к повышению масштабируемости и улучшению производительности блокчейнов.​ В рамках развития проекта планируется внедрение новых технологий, таких как шардинг и решения второго уровня, чтобы обеспечить более высокую скорость и эффективность сети.​ Принципы работы проекта Atom включают использование протокола Proof-of-Stake (PoS), который позволяет владельцам Atom ставить свои монеты для обеспечения безопасности сети.​ Владельцы […]

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February 9, 2022 0 Comments

What is a 501c3? A Guide to Nonprofit Tax-Exempt Status Foundation Group®

The public policy underlying the allowance of a tax exempt organization under 501(c)(3) is to incentivize charitable activities and contributions to benefit the public and society at large. Therefore, to continue receiving the benefit of tax exemption, 501(c)(3) entities must be operated in an orderly manner and solely for the purposes stated in its organizational […]

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