There’s only a little over a week left until personal and small business tax returns are due. As you’re finalizing your tax return, you may want to consider if you’ve claimed certain business related tax deductions. You could be leaving money on the table. Read More.
The drama continues on Capitol Hill as lawmakers are at a stalemate on whether or not to move forward with the expiring Bush-era tax cuts. It may come down to the wire, but many small businesses can’t wait that long. It’s best for small businesses to plan for what we know is going to happen or is scheduled to in 2013. Read More.
This is what we would call a “status quo” re-election in that many of the tax and health care events that were scheduled to go into effect likely will with Obama’s recent victory. Of course, there will be some compromise with a split Congress, but small businesses can expect many of the tax and health care changes to go into effect in 2013. What does this specifically mean for small business tax and health care planning? Read More.
Most small to mid-sized businesses that we’ve spoken with have reacted negatively to the new health care mandate. Many have contemplated a whole host of tactics to avoid the 50 or more employee rule requiring health care be provided to employees. Read More.
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