The 2014 income tax filing season is almost in the books. The corporate extension deadline has passed and the individual extension deadline is nearly here. Of course, this means it’s…
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2014 is a big year for changes in the health insurance world. The Affordable Care Act was set up to implement slowly over time and 2014 will see a lot…
In a recent tax court case, the IRS has successfully denied a “pizza deduction” for wages paid out in, well, pizza (Ross, TC Summ. Op. 2014-68). In this case, a small business…
It’s the end of July. Do you know where the Section 179 limits renewal is? As of right now, it sits in limbo. For the last couple years, companies have…
On June 30, 2014, the Supreme Court offered their Hobby Lobby decision related to the Affordable Care Act. In their decision, they limited the scope of their findings to closely…
A Health Reimbursement Arrangement is an account funded by an employer to reimburse employees for medical care expenses. In the past, these arrangements have also been available to reimburse employees for purchasing…
It’s year end, do you know what your inventory number is? It is not uncommon to finish the year end inventory count and find that the company needs to make…
In his recent State of the Union Address, President Obama introduced America to MyRA (or, “My Retirement Account”) for people who lack employer-sponsored retirement plans. He signed a presidential memorandum…
The recent ACA update is poised to affect QuickBooks users in several ways. If you are one of many QuickBooks users who runs payroll through QuickBooks, there are some additional…
A 16-day shutdown of the government in October has resulted in the IRS delaying the tax filing season to January 31. This will create some of the same headaches taxpayers…
