March 9, 2015
Complying with the final tangible property regulations has just become easier for small businesses filing 2014 tax returns. The recently-issued Revenue Procedure 2015-20 will allow small business taxpayers to change methods of accounting under the ...
March 8, 2015
Accountants are eligible for the promotion, and they can select as many as five of their small-business clients with fewer than 50 employees to also participate free of charge through the end of April. ADP’s HR HelpDesk is staffed by HR ...
March 8, 2015
Thomson Reuters has released new e-commerce content for Checkpoint Catalyst that is focused on purely electronic transactions, in addition to the company's cloud computing and sales and use tax nexus coverage.
March 5, 2015
Bonsai Tax helps people with 1099 Self-Employed Income keep track of their business expenses to pay less tax. We enable you to keep track of your income and expenses to maximize your tax deductions and minimizing the amount of taxes you’ll end up owing with minimal amount of work. BONSAI MAKES YOUR LIFE EASIER BY:...…
March 5, 2015
It’s rare when tax return preparers advise their clients to look a gift horse in the mouth. But it might happen when a taxpayer is affected by the limits for deducting investment interest expenses. Depending on the situation, it may make sense to elect preferential tax treatment for certain long-term capital gains or qualified dividends...…
March 5, 2015
The IRS compiles annually The Dirty Dozen, listing a variety of common scams taxpayers may encounter any time during the year. Many of these con games peak during filing season as people prepare their tax returns or hire someone to do so. Some of the more
March 4, 2015
Under the “kiddie tax,” if unearned income of a dependent child who is under age 19 or a full-time student under age 24 exceeds an annual threshold, the excess is taxed at the top rate of the child’s parents. The threshold on 2014 returns is $2,000.
March 4, 2015
Now that the Affordable Care Act is completely underway, some business owners have found that they are not prepared to ensure compliance, particularly as new changes go into effect and they prepare to file their 2014 taxes.
March 3, 2015
Continuing its enforcement push against refund fraud and identity theft, the Internal Revenue Service today announced the Top Ten Identity Theft Prosecutions for Fiscal Year 2014 (FY14). The ongoing efforts to bring identity thieves to justice ...
March 2, 2015
Many businesses are wasting valuable resources by maintaining disparate IT systems or using manual processes to remain compliant with laws and regulations governing their workforces, according to a new study released by CFO Research and ADP.
February 27, 2015
Your Social Security Number could be the ticket for a fraudster seeking to claim a false tax refund or worse, according to the Internal Revenue Service (IRS). A fraud expert offers some tips for preventing such crime – or at least catching it early.
February 27, 2015
The midterm elections are long over but some of the most important “votes” for 2014 aren’t in yet. Specifically, certain elections on the tax returns of your clients can either make or break their year. And, if you point them in the right direction ...