Blog Archives

Employers and Coverage Providers have more Time to Furnish Health Coverage Forms to Individuals

The IRS extended the 2018 due date for certain employers and health coverage providers to furnish 2017 health coverage information forms to individuals.   The following organizations now have until March 2, 2018, to provide Forms 1095-B or 1095-C to

Posted in Non Profits, Small Businesses

Standard Mileage Rates for 2018 Up from Rates for 2017

The Internal Revenue Service today issued the 2018 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. Beginning on Jan. 1, 2018, the standard mileage rates for the

Posted in Individuals, Non Profits, Small Businesses

Five Signs of Small Business Identity Theft, New Protection Methods

Small business identity theft is a big business. Just like individuals, businesses can be victims too. Thieves use a business’s information to file fake tax returns or get credit cards. Identity thieves are more sophisticated than they used to be.

Posted in Small Businesses

Seven Things to Do When an IRS Letter Arrives

  The IRS mails millions of letters to taxpayers every year for many reasons. Here are seven simple suggestions on how individuals can handle a letter or notice from the IRS: Don’t panic. Simply responding will take care of most

Posted in Individuals, Non Profits, Small Businesses

Plan Now to Use Health Flexible Spending Arrangements in 2018; Contribute Up to $2,650; $500 Carryover Option Available to Many

The Internal Revenue Service today reminded eligible employees that now is the time to begin planning to take full advantage of their employer’s health flexible spending arrangement (FSA) during 2018. FSAs provide employees a way to use tax-free dollars to

Posted in Individuals, Non Profits, Small Businesses

Archived Articles

error: Content is protected !!