Each year, a portion of Wisconsin Dental Association membership dues is determined nondeductible based on the relationship of total dues received by the WDA to the total lobbying expenditures for the year. Over the past several years, dues income has been on the decline due in part to non-renewals but also members have been moving… Continue Reading Why 2019 non-deductible lobbying is at 27 percent
With the new tax bill in effect, Wisconsin Dental Association member dentists might wonder about the deductibility of WDA dues as it relates to the new tax bill. The itemized deduction for professional membership dues was eliminated, but the business deduction for dues remained in place. Dues to a professional organization are still deductible as a… Continue Reading Your WDA membership dues are still deductible as business expense
A blog post from Sept. 8 provided information on a new Department of Labor rule set to increase the minimum salary level for exempt employees effective Dec. 1, 2016. This final overtime rule will likely NOT go into effect Dec. 1 as expected. A preliminary injunction was granted by a federal judge Nov. 22 delaying… Continue Reading Overtime rule delayed
A Department of Labor final rule announced on May 18, 2016 increases the minimum salary level for exempt employees from $23,660 to $47,476 with automatic updates to the salary threshold every three years. This change will go into effect Dec. 1, 2016. What does this new rule mean for employers? Those with employees who currently… Continue Reading New Department of Labor overtime rules