All Things Tax and Accounting

07/18/2023

Hey everyone!!! I am checking to see if there is anyone interested in Full time or part-time job work from home job
Data entry /payroll position available:
You’d be able to tend to your kids (or pets), avoid having to plan outfits every morning, and save on commute time and gas money. Excellent Work ,Great Pay , Guaranteed Pay, bonuses ,flexible schedule and holidayTemporary
and Permanent Positions Available.
We’re are looking for immediate hire,
feel free to send me a message for more information.
Please note this is a wonderful secondary job.
Great hours for parents who need to be off for their children activities!

01/30/2019

10/08/2018

Thanks Facebook friends. I have been able to help many new clients because kind comments said about me and company by you.

01/08/2016

Unfortunately, there was a terrible catch. GoFundMe reports the money as income. The IRS will tax any proceeds received through Go Fund Me. Just a warning.

01/13/2015

FAQ: Do i have to file a form 3115 if I am a new company?
No but there are some elections that need to be filed. If you were a new company in 2013, there are some options to amended and get extra deductions. However the decision should be made on cost of amending returns and tax refunds.

01/13/2015

Do you know about form 3115? If you are a business or have rental properties this form should be filed with all 2014 returns, based on current rules of course.

12/30/2014

You have until Feb 15 to sign up for healthcare. After this ALL insurance markets are closed....unless they extend the enrollment period.

12/30/2014

If you do not have insurance for 2014 or 2015 and CAN NOT afford insurance offered through Healthcare.gov you can get an exemption from the "shared responsibility payment" AKA the penalty. You have to get it through Healthcare.gov though and it will be needed in order to E file your tax return. Otherwise you are stuck paying the penalty which is going higher ever year. For 2014 the penalty is $96.00; 2015 it is $325.00.

12/29/2014

If you currently reimburse your employees for health insurance, called a HRP (Health Reimbursement Plan), this is NOT allowed by the Affordable Healthcare Act and the penalty is 100.00 per day per employee even if you are a small employer under 40 employees. Stop reimbursing insurance AT ONCE to avoid these high penalties.

12/19/2014

Ready for 2014 taxes, we are call us if we can help you.

08/13/2013

Dont take bad advice from lawyers and other CPA's. Dont form an LLC just to be taxed as an S corporation. This could cause you lots of problems. Dont know why... Give me a call and we can talk about it.