Medicare Tax: Start Planning Ahead
The significant new health care legislation imposes a unique “payroll tax” on investment income. At least the new tax doesn’tRead more.
New tax breakthrough for LLCs
An important new Tax Court case could provide valuable tax savings for owners of limited liability corporations (LLCs) and partnersRead more.
Advice to Clients in Uncertain Markets
In the “flash crash” on May 6, 2010, the Dow Jones Industrial Average dropped nearly 1,000 points only to recoverRead more.
Produce big manufacturing deductions
The so-called “manufacturing deduction” isn’t just limited to companies that manufacture products in the traditional sense of the word. It’sRead more.
Transportation, Tax Initiatives
On Sept. 6, President Obama announced that his Administration will seek new funding for highway, rail and airport projects inRead more.
Dealing With Clients in Financial Distress
Managing receivables is difficult in the best of times, and these challenges have been made even more difficult by theRead more.
Plan Ahead: New 1099 rules
The new health insurance legislation imposes significant new tax reporting requirements. In essence, you will have to report most annualRead more.
Tax incentives for employing a spouse
A common approach used by many business owners is to hire their spouse as an official employee. Hiring your spouseRead more.
Procedures for Transportation Workplace Drug and Alcohol Testing Programs
The Department of Transportation has published a final rule extending the date for mandatory use of its updated Alcohol TestingRead more.
Bill Extending Biodiesel Credit
Senate Rejects Bill Extending Biodiesel Credit The Senate has voted down the bill to extend the biodiesel credit. The longerRead more.
Decline in Diesel Price
According to the Department of Energy, there has been a drop in the price of diesel by 1.8 cents thisRead more.
Health care credit for businesses
The IRS has issued guidance to help small business owners cope with new requirements in the monumental health care legislation.Read more.
FMCSA to Propose Easing of Supporting Documents for EOBR Users
Under a pending Federal Motor Carrier Safety Administration proposal, carriers that use electronic recorders will get a break on theRead more.