A business client recently shared with me that a prospective employee expressed an interest in being hired and eventually terminated. Why would someone seeking employment want to be terminated? The explanation was [Read more…] about Why Your Company’s 2011 Federal & State Unemployment Rate Will Increase
IRS Announces That Some Taxpayers Will Not Be Able to File Until Late February
If you were expecting to file your 2010 Form 1040 tax return in January or early February to get that expected refund ASAP, our lame Congress (oops, I meant to say lame duck Congress) may have skewered the American taxpayer again. The IRS announced [Read more…] about IRS Announces That Some Taxpayers Will Not Be Able to File Until Late February
PA Employers – 2011 Unemployment Rate Notice
The Office of UC Tax Services plans to mail the Pennsylvania UC Contribution Rate Notice, Form UC-657, for calendar year 2011, on Dec. 31, 2010.
Your contribution rate will likely increase due to the following solvency [Read more…] about PA Employers – 2011 Unemployment Rate Notice
Rental Property Owners Required to Issue 1099s
The Small Business Jobs Act, P.L. 111-240, requires taxpayers who own rental property (hereinafter referred to as “taxpayers”) to issue Form 1099 (typically Form 1099-Misc) to service providers for payments of $600 or more during the year.
This means that these taxpayers need to [Read more…] about Rental Property Owners Required to Issue 1099s
Did You Receive a Decennial Filing Notice from PA?
Did you receive a Decennial Notice from the Pennsylvania (PA) Department of State? Are you wondering why you received this notice? Join the club. Here’s the scoop. Decennial filings are made [Read more…] about Did You Receive a Decennial Filing Notice from PA?
Overview of the tax provisions in the 2010 Tax Relief Act
The newly enacted “Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010” signed into law on December 17, 2010 provides for several changes to both individuals and businesses, including [Read more…] about Overview of the tax provisions in the 2010 Tax Relief Act