December 23, 2015
Whether a business is incorporated and files returns as an entity, or is an LLC and the owner files a Schedule C with their personal 1040 income tax return, there are many potential areas for errors, from misreporting income or expenses, to missing ...
December 22, 2015
Following a review of the tax extenders legislation signed into law this week, the Internal Revenue Service says that tax season will begin as scheduled on Tuesday, Jan. 19, 2016. The IRS expects to receive more than 150 million individual returns ...
December 21, 2015
Taxation is no longer a once-a-year engagement, at least not for clients with more than a couple of W-2s and 1099s. Complex and high net worth clients require strategic tax planning, which in turn requires their professional to stay on top of changes ...
December 21, 2015
The PATH Act makes more than 20 tax breaks permanent in addition to retroactively extending a slew of others for two or more years. Here’s a roundup of the key individual, business and miscellaneous provisions in the new measure.
December 20, 2015
This IRS Form 1099-Misc is for reporting income received from Jan. 1 to Dec. 31, 2015, which the recipient will file a tax return for in 2016.
December 20, 2015
This IRS Form W-2 is for reporting income earned during Jan. 1 to Dec. 31, 2015, which the employee will file a tax return for in 2016.
December 17, 2015
Now is the time to start thinking about recent tax changes and how they affect your business. Even for the most organized among us, keeping the mountains of tax details straight is a tough and trying task, taking the focus off of the daily ...
December 16, 2015
The former All-Star ballplayer, who was named MVP of the American League in 1995, was appealing the decision against him by an Ohio district court. It isn’t known yet if Vaughn will pursue the matter any further.
December 11, 2015
Starting this filing season, reporting is mandatory for any company with at least 50 full-time equivalent (FTE) employees.
