Category Archives: Compliance

Get Ready for Taxes: Filing Electronically a Safe, Easy Way to File

The following article was published by the IRS. The Internal Revenue Service said recently that it expects more than 90 percent of all 2017 individual tax returns to be prepared using tax software. The majority of those will be e-filed. … Continue reading

Posted in Accounting, Compliance, E-file, Personal Finance, Personal Taxes, Planning Strategies, Self-Employed, Taxes, Year End | Tagged , , , ,

Get Ready for Taxes: What to Do Before the Tax Year Ends Dec. 31

The following article was published by the IRS. As tax filing season approaches, the Internal Revenue Service reminds taxpayers there are things they should do now to get ready for filing season. For most taxpayers, Dec. 31 is the last … Continue reading

Posted in Accounting, Compliance, IRS, Personal Finance, Planning Strategies, Self-Employed, Tax Tips

Four Things to Know about Taxes and Starting a Business

The following article was published by the IRS. New business owners have tax-related things to do before launching their companies. IRS.gov has resources to help. Here are some items to consider before scheduling a ribbon-cutting event. Choose a business structure … Continue reading

Posted in Compliance, Corporate Taxes, IRS, Limited Liability Company (LLC), Planning Strategies, Tax Tips | Tagged , , , ,

December 2016 Changes to Overtime Rules

The Department of Labor (DOL) has finalized a rule that, effective Dec. 1, 2016, will make significant changes to the overtime regulations in the Fair Labor Standards Act (FLSA). As you know, employees covered by the FLSA must receive overtime … Continue reading

Posted in Compliance, Government, Planning Strategies, Self-Employed, Small Business Association (SBA), U.S. Small Business Administration, Worker Classification, YouTube

New DOL Overtime Rules

Don’t forget that the Department of Labor’s new overtime rules will go into effect on Dec. 1, 2016. If you’re an employer, be sure you fully understand your obligations and expectations under these new rules, and take any steps you … Continue reading

Posted in Compliance, Government, Personal Finance, Planning Strategies, Self-Employed, Small Business Association (SBA), U.S. Small Business Administration, Worker Classification, YouTube | Tagged , , , , , ,

Find Easy-to-Use Online Tools on IRS.gov

If you need tax help, the IRS has many online tools. You can e-file your tax return, check your refund status or get your tax questions answered. Best of all, you can use the tools on IRS.gov any time. Here’s … Continue reading

Posted in Compliance, IRS, Personal Taxes, Tax Tips | Tagged , , , ,

It’s Time for a PTC Checkup for your 2016 Health Insurance Marketplace Coverage

The following article was published by the IRS. If you or anyone in your family are getting advance payments of the premium tax credit, its that time of year for a checkup to see if you need to adjust your … Continue reading

Posted in Compliance, Health Care, Personal Taxes, Planning Strategies, Premium Tax Credit | Tagged , , ,