Home  /  About  /  Contact Us  /  Shopping Cart  

Preview / Hot News

 

CHANGES MADE BY THE TAXPAYER RELIEF ACT

January 19, 2013

On January 2, 2013, President Obama signed the American Taxpayer Relief Act (ATRA) into law. This new law addresses many of the tax issues that were debated by Congress at the end of 2012, and which were referred to by many as the “fiscal cliff.” The ATRA addressed various tax ...

Read more... arrow


HOME OFFICE DEDUCTION MADE SIMPLER

January 17, 2013

The Internal Revenue Service (IRS) has announced a new, simplified option for claiming a home office deduction. Many owners of home-based businesses and some home-based workers will be able to use the new method to figure their deductions for the business use of their homes. Nearly 3.4 million ...

Read more... arrow


ANNUAL INFLATION ADJUSTMENTS FOR 2013

January 15, 2013

The Internal Revenue Service (IRS) has released the annual inflation adjustments for tax year 2013, including the tax rate schedules, and other tax changes from recently passed legislation. The tax items for 2013 of greatest interest to most taxpayers include the following changes: ...

Read more... arrow


TIME TO POST OSHA SUMMARY 300A

January 14, 2013

Employers with 11 or more employees, whose businesses are subject to Cal/OSHA recordkeeping requirements, must post annual injury/illness summaries for the preceding year from February 1 through April 30 using Cal/OSHA Form 300A. Throughout the year, covered employers are required to log ...

Read more... arrow


NEW HIRE PACKET UPDATED FOR 2013

January 11, 2013

The New Hire Packet, which contains the required forms and mandatory notices to be given to employees at the time of hire, has been updated for 2013. The forms updated in the packet include the new federal Form W-4, Employee's Withholding Allowance, and two updated California notices: the ...

Read more... arrow


MANDATORY FLU SHOTS CAN BE RISKY BUSINESS

January 10, 2013

With the flu running rampant across the country, employers seek ways to protect the health of their employees while minimizing the impact on business operations. Some have gone so far as to require their workers be vaccinated or face termination. Others have considered taking disciplinary actions ...

Read more... arrow


GUIDANCE ON WITHHOLDING IN 2013

January 2, 2013

The Internal Revenue Service (IRS) has released new income-tax withholding tables for 2013 and issued special instructions on implementing new income tax and Social Security tax rates. In issuing this guidance, the IRS takes note of the fact that Congress is currently considering legislation ...

Read more... arrow


W-2 REPORTING REQUIREMENTS FOR HEALTH CARE COVERAGE

November 27, 2012

Beginning in 2013, many employers will be required to report the cost of coverage under an employer-sponsored group health plan on Form W-2.  However, certain employers are not required to file reports for tax-year 2012 and beyond, until the IRS issues final guidance for this reporting ...

Read more... arrow


EMPLOYER PENALTIES UNDER HEALTH CARE REFORM

November 15, 2012

Beginning in 2014, certain employers will face stiff penalties under the new health insurance reform law.  Small employers with 50 or fewer employees are exempt from penalties under the Patient Protection and Affordable Care Act (“Affordable Care Act” or “ACA”), but ...

Read more... arrow


DETAILS ABOUT ADDITIONAL MEDICARE TAX IN 2013

August 17, 2012

Beginning in 2013, employees that are paid wages or salaries over $200,000 will see their Medicare tax rate increase from 1.45% to 2.35%.  The higher rate (0.9%) is required under the Affordable Care Act (ACA), and takes effect for tax years beginning after December 31, 2012. The IRS ...

Read more... arrow


bar
Records per page :

Be Bound By