What Employers Need to Know…
…about the Affordable Care Act, that is! Click the image below to download this one-pager from our friends at the IRS for some very helpful information and links regarding employers and the ever-confusing Affordable Care Act! Still have questions? No problem, that’s what we’re here for. Please contact one of our qualified CPAs today! Check […]
Are you an applicable large employer?
With the Affordable Care Act there are certain requirements of you if you’re an applicable large employer. If you’re not sure, well, no fear, there are steps you can take to determine if you are one or not. Click the image below to download a helpful one-pager that the IRS has put together on this […]
H&S Tax Newsletter
It’s that time of year, and our tax newsletter is here… This year’s tax newsletter is full of information for both individuals and businesses. Read about changes affecting Education, the Affordable Care Act, Minimum wage, tax tips and more!
H&S Tax Newsletter
It’s that time of year, and our tax newsletter is here… This year’s tax newsletter is full of information for both individuals and businesses. Read about changes affecting Education, the Affordable Care Act, Minimum wage, tax tips and more!
Identity Theft Takes #1 Spot on IRS Dirty Dozen List
Tweet Identity theft is a big problem. In fact, this year it took the number one spot on the IRS Dirty Dozen scam list. In an effort to help victims reclaim their identity, the IRS announced the nationwide expansion of a program that helps law enforcement officials obtain the tax return data they need to […]
Five-Time Super Bowl Starter Sacked in Tax Court
Bill Romanowski had a lucrative 16-year NFL career, but it seems retirement is proving to be less fruitful. According to AccountingToday, when the Five-Time Super Bowl Starter retired, he found his way into a tax-shelter scheme. Romanowski decided to invest $13,092,732 in a horse breeding-program, which would allow him to offset his taxable income from […]
Some Non-Profits Asked to Complete Self-Declarers Questionnaire
Tweet The IRS announced that they will be doing compliance checks on some organizations that declare themselves tax-exempt under section 501(c)(4), (5) and (6). Please note, the questionnaire is optional and you are only eligible to complete it if you receive a letter in the mail from the IRS that includes a PIN, password, and […]
Important UIA Reminder for Employers
Tweet Employers – If you have 25 or more employees at any one time in a quarter, you must file form UIA 1028 electronically. The deadline to file is April 25th, and in order to file electronically you must be registered on the michigan.gov website. If you have not registered yet, please be sure to […]
Got a big tax debt? Maybe Charlie Sheen Will Help…
Tweet At least that’s what worked for Lindsay Lohan. AccountingToday published that the starlet reportedly owes $233,904 in unpaid taxes to the IRS. Sheen found out about the massive debt while the two were filming Scary Movie 5, and he offered to help with the tax leins; however, Lohan declined at the time. Lohan later […]