As a service to our clients, we offer tax information, guidelines and tips that may prove to be helpful resources for tax preparation, financial planning and personal use.
Telework Expenses Tax Credit New credit legislation has been enacted in Virginia to encourage telework arrangements. Telework is a work arrangement where an employee is allowed to perform normal work ...
more »
The recently enacted “Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010” is a sweeping tax package that includes, among many other items, an extension of the Bush-era ...
more »
With Congress in lame duck session, tax changes are imminent over the next few weeks. But there are still many strategies on the books for making the most of tax ...
more »
Yesterday, President Obama signed The Small Business Jobs and Credit Act of 2010 providing $12 billion in tax breaks for small businesses and creating the $30 billion Small Business Lending ...
more »
Do you rent office space? Do you outsource your IT needs, pay an attorney or even a cleaning service? These payments all have one thing in common – 1099 reporting. ...
more »
Many small businesses utilize independent contractors in their daily operations. They can be a great tool for lowering operating costs and maximizing work force flexibility. Employers do not pay FICA ...
more »
HOW THE NEWLY PASSED HIRE ACT MAY REDUCE YOUR TAXES THIS YEAR HIRE Act offers incentives and tax breaks If your business is planning to expand and add employees, the ...
more »
In recent months the IRS has contacted several of our clients by phone. Receiving a call from the IRS is generally unexpected and can be unsettling. The IRS has historically ...
more »
The start of a new year marks the start of tax preparation for the previous one. For many, sorting through several years’ of documents means wondering what to keep and ...
more »
