by Laura Sabbagh | Mar 11, 2015 | Blog, Tax tips
It’s a very important distinction, and one that can get you in hot water if you misclassify workers. Full-time employees of companies often look at independent contractors with envy. They can generally work whatever hours they want. They can sit at a computer, make...
by Laura Sabbagh | Feb 19, 2015 | Blog, Tax tips
If you have workers in your business, you likely made a decision when you hired them as to whether they should be an employee or a contractor. If all you hire is employees, then you have nothing to worry about. But if you hire contractors, there may be some...
by Laura Sabbagh | Feb 10, 2015 | Blog, Tax tips
For the first time, all taxpayers must include information about their health care coverage to the IRS on their 2014 Form 1040. Another year, another tax form or two. 2014 was the first tax year that the Individual Shared Responsibility Provision (SRP) of the...
by Laura Sabbagh | Jan 31, 2015 | Blog, Tax tips
Sometimes they are. Make sure you understand the IRS’s rules. Do you receive social security benefits? Maybe you have retired and receive payments after working hard all your life. Maybe you are disabled and receive payments as a result of your injury. Either way,...
by Laura Sabbagh | Dec 12, 2014 | Blog, Tax tips
There are many requirements you must meet in order to qualify, but it may lower your tax bill. Supporting a family can be difficult, not to mention expensive. Working families whose income is fairly low need all the help they can get with their income taxes. The...
by Laura Sabbagh | Nov 24, 2014 | Blog, Cost-Savings Tips, QuickBooks Online, Tax tips
In a little over a month, it will be 2015 and time for year-end accounting chores. One of those chores is getting your 1099s out, and now is a good time to tie up loose ends so the year-end process can go smoother. Here are some tips to do just that: Go...
