We came across this article in the September 2016 issue of NATP Taxpro and felt compelled to share it with our readers. A male federal postal worker suffered an injury that required several surgeries. … [Read more...] about Social Security Insurance (SSI) Disability Payments Cause a Tax Nightmare
Unemployment Compensation Rates – One Reason Why It Is So Important to Hire Good Employees
When hiring new employees, it is very important that the employer do his/her due diligence in finding dependable employees who have the necessary skills and who will contribute to the company for many … [Read more...] about Unemployment Compensation Rates – One Reason Why It Is So Important to Hire Good Employees
PA Sales Tax Changes
Timely Filing Vendor Discount If you have noticed that your vendor discount has been capped at $25 or an amount lesser than previously received by your company, be sure to thank Governor Wolf. … [Read more...] about PA Sales Tax Changes
IRS Announces Standard Mileage Rates for Business, Charity, Medical and Moving
The Internal Revenue Service has issued the 2017 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving … [Read more...] about IRS Announces Standard Mileage Rates for Business, Charity, Medical and Moving
General Partner Liable for Partnership Taxes
Employers are responsible for collecting (withholding) and remitting their employees’ payroll taxes, which includes the employee share of Social Security, Medicare and federal income taxes. Far too … [Read more...] about General Partner Liable for Partnership Taxes
Tax Implications When Selling Capital Assets
Generally, the IRS requires that a capital gain or loss be reported for tax reporting purposes when a capital asset is sold or exchanged. Thus, it is important that you understand what a capital … [Read more...] about Tax Implications When Selling Capital Assets
