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The IRS has announced extended due dates and penalty relief for 2016 information reporting mandated by the Affordable Care Act (ACA). The ACA requires detailed information reporting for insurers, self-insured employers, certain other providers of minimum essential coverage under IRC Sec. 6055 , as well as employers with 50 or more full-time employees. Employers will […]

Fact Sheet: Interaction of Pell Grants and Tax Credits: Students May Be Foregoing Tax Benefits by Mistake Read more…

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

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,

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

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

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

BUSINESS PLANNING WORKSHEET Read more…

FARM PLANNING WORKSHEET Read more…