Blog

  • Welcome to Healthcare Tax Compliance Hell!

    Beginning in 2012, all businesses, including sole proprietors, partnerships and corporations will have to issue a 1099 to any person or business when they purchase any goods or services that exceed $600 per year. That’s correct, now when Larry the landscapers buys gasoline from Bill’s Stop & Go because he has the cheapest gasoline, and…

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  • Are You an On-Line Retailer? Amazon Helps Fight the Sales Tax Battle

    Because of the various states’ budget crisis and growth of on-line sales over the past decade, a few states have been passing laws in an effort to collect sales tax from -on-line retailers.  To date, these states have had little success. Most recently, the battle lines have been drawn between Amazon, and North Carolina.  Last…

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  • Small Business Owners May Qualify for Tax Credit for Employees Health Care Premiums

    The Patient Protection and Affordable Care Act signed into law on March 23, 2010 may allow you to take a tax credit for health care premiums you pay for your employees.  The tax credit is aimed specifically at small business owners with less than 25 full time employees and where the average annual wage per…

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  • Corporations, Buisness Owners and and IRS Compliance

    As the deficit in the federal government continues to grow and cash strapped states are looking for additional revenue, now is a good time to make sure you are in compliance with all tax laws.  If not, you and your business may be the next target of a federal or state withholding agency. Recently, the Treasury…

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