Andy Manz

IRS increases de minimis safe harbor from $500 to $2,500

In Notice 2015-82 the IRS has announced an increase, from $500 to $2,500, in the de minimis safe harbor limit for taxpayers that do not maintain an applicable financial statement (AFS). This is a positive change for taxpayers and will simply the paperwork and record-keeping requirements for small business and other taxpayers. Please contact us …

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IRS checklist for identity theft victims

Identity theft is a complex and evolving threat, and one that costs U.S. citizens billions of dollars annually. Without question, it is one of the most pressing challenges facing our country. Unfortunately, the problem is growing, and fraudsters are always looking for new ways to steal confidential information to commit crimes. As your trusted adviser, …

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Department of Labor’s New Overtime Rules (Suspended)

10/14/2016 Department of Labor’s New Overtime Rules Effective December 1, 2016 the Department of Labor’s new overtime rules take effect. We want you to have an understanding of the basic issues surrounding these changes so you know what questions to ask and the ability to identify possible issues. The first step for a business to …

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Work Opportunity Tax Credit Deadline Extended

07/12/2016 Work Opportunity Tax Credit Deadline Extended   The Work Opportunity Tax Credit (WOTC) is a federal tax credit that incentivizes private sector employers to hire employees from certain target groups. The credit is against income tax on a percentage of the employee’s first year wages. The credit is 25% of the employee’s first year …

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ACA Applicable Large Employer Reporting Requirements 2016

10/14/2016 Department of Labor’s New Overtime Rules   Effective December 1, 2016 the Department of Labor’s new overtime rules take effect. We want you to have an understanding of the basic issues surrounding these changes so you know what questions to ask and the ability to identify possible issues. The first step for a business …

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