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Rachel Short received a letter from the KY Society of CPA’s congratulating her on achieving the highest grade in Kentucky on the Regulation section of the Third Quarter 2017 Uniform CPA Examination. She was selected to receive the Award of Excellence […]

RFH partners Brad Hayes, Heather Cochran and Andy DeMoss (left to right) attended the 2017 AICPA Peer Review Conference in Nashville, Tennessee on August 14th – August 16th.  RFH is committed to staying up-to-date with changing peer review standards.  To […]

On May 17, 2017 the Office of Management and Budget delayed the implementation of the procurement standards found in 2 CFR 200.317 through 200.326. The new date allows nonfederal entities an additional year to implement the procurement standards required under […]

RFH is thrilled to announce the newest arrivals to our expanding team! Emma Nolan and Rachel Short came on board as Associates in our Audit & Tax Department. Emma was awarded a Bachelor of Arts degree in Accounting and a […]

  RFH participated in United Way’s Day of Action as volunteers at Erik’s Organic farm, here in Lexington, Kentucky. A portion of Erik’s produce is donated to local food banks. It was a great day of team building, learning a new trade, […]

Effective January 1, 2017, employers participating in the Kentucky Retirement System (KRS) will apply Social Security (FICA) and Medicare tax to the employee’s pension contributions. Participant’s in the Kentucky Teacher’s Retirement System (KTRS) are still exempt from FICA but will […]

RFH is excited to announce the arrival of our newest staff member, Brooklyn Gamble. Brooklyn came on board as an Associate in our Audit Department. She Graduated from the University of Kentucky in June, 2016 after earning a Masters degree in Accounting. We […]

Over the last couple of years the biggest accounting news for local governments has been the requirement to report the unfunded pension liability as a long -term obligation on the government wide financial statements. First let’s talk about how this […]

On May 18, 2016 the Department of Labor released a final rule that significantly increases the overtime exemption thresholds, resulting in an expansion of the number of employees eligible for overtime pay.   The Fair Labor Standards Act (FLSA) entitles eligible […]