The Internal Revenue Service is inviting public comment on how to most effectively carry out a law change that, starting in 2012, will require businesses to report a wider range of payments to contractors, vendors and others, usually on Form 1099. These comments will help the IRS issue guidance that implements this provision in a manner that minimizes burden and avoids duplicate reporting.
read more…The IRS has announced that small non-profit organizations at risk of losing their tax-exempt status because they failed to file required returns for 2007, 2008, and 2009 can preserve their exempt status by filing returns by October 15.
read more…As a small business owner you may hire people as independent contractors or as employees. There are rules that will help you determine how to classify the people you hire. This will affect how much you pay in taxes, whether you need to withhold from your workers paychecks and what tax documents you need to file.
read more…Small business owners have more reason than usual to be nervous about opening their mail for the next few years thanks to the IRS’s Employment Tax National Research Project (NRP).
read more…Large employers should be aware of changes regarding employee healthcare coverage under the Patient Protection and Affordable Care Act.
read more…Business owners need to consider their options as federal health care reform affecting health insurance exchanges begins October 1.
read more…The commercial activity tax (CAT) is an annual tax imposed on retailers, service providers, manufacturers, and other types of businesses for the privilege of doing business in Ohio.
read more…The Internal Revenue Service today issued the 2011 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.
read more…With the open tax season nearly two weeks old, the Internal Revenue Service is beginning to expand the returns they are accepting, including those of taxpayers claiming education credits on Form 8863 starting this Thursday, Feb. 14.
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Will also change E-Signature Provider As part of our ongoing commitment to enhance our technology and improve your experience, Zinner & Co. is excited to announce that we will soon transition from our current technology provider ShareFile/RightSignature to Egnyte....
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