Business Taxes


ACA Reporting Requirements for Employers

ACA Reporting Requirements for Employers   The health care law contains tax provisions that affect employers. Two parts of the Affordable Care Act apply only to applicable large employers. These are the employer shared responsibility provisions and the employer information reporting provisions for offers of minimum essential coverage. The size and structure of a workforce …

ACA Reporting Requirements for Employers Read More »

opportunity zone

Opportunity Zone Guidance Finalized

Final regulations were recently issued regarding details about investment in qualified opportunity zones (QOZ) that modified and finalized proposed regulations for QOFs and QOZ businesses that were previously issued on October 28, 2018, and May 1, 2019. The final regulations provide additional guidance for taxpayers who are eligible to make an election to temporarily defer …

Opportunity Zone Guidance Finalized Read More »

heaven and alvarez

Reminder: Use Correct Forms to Pay Employment Taxes

Small business owners are reminded to review the rules for filing two commonly-used employment tax returns: Form 944, Employer’s Annual Federal Tax Return and Form 941, Employer’s Quarterly Federal Tax Return. A small business files one or the other; these two forms are not interchangeable and the employer should never flip-flop between the two forms on their own. …

Reminder: Use Correct Forms to Pay Employment Taxes Read More »

home-based business

Starting a Home-Based Business

More than half of all businesses today are home-based. Every day, people are striking out and achieving economic and creative independence by turning their skills into dollars. Garages, basements, and attics are being transformed into the corporate headquarters of the newest entrepreneurs – home-based business people. And, with technological advances in smartphones, tablets, and iPads …

Starting a Home-Based Business Read More »

Scroll to Top