A federal judge on Monday ruled that the ERISA-qualified benefits plan for employees of a private company based in Pennsylvania must be interpreted to include coverage for the same-sex wife of a woman who had worked for the company prior to her death. It’s the first court ruling since the U.S. Supreme Court struck down […]
Every tax-filing season, most Americans go on a quest to find as many tax deductions as possible. At the same time, many small business owners and independent contractors leave money on the table because they fear that certain tax deductions will draw the attention of auditors. No one wants to get audited. But failing to […]
As the Apple iPad has become the best-selling piece of computing hardware in history, one common complaint marred the tablet’s near-perfect reviews. When the iPad is lying flat on a tabletop, or when it’s standing up in the most popular cases, the sound quality isn’t optimal because the iPad’s speaker is on the back of […]
When the U.S. Supreme Court struck down the federal Defense of Marriage Act (DOMA) on June 26, it kicked off a Gay Pride week celebration like no other. Barely two weeks later, however, the reality is setting in for same-sex couples and small business owners who are realizing that the ruling creates both tax opportunities […]
Alvin Kempf, a 1-800Accountant client, wants to help businesses maintain a safe and efficient working environment. That’s why he founded Kempf Safety Services, LLC in April of 2013. Based in Mokena, Illinois, Kempf works out of a home office in the corner of his basement. His wife, Carolyn, also lends a helping hand if he […]
When an entrepreneur starts a new business, it’s all too easy to make costly small business mistakes that leave them bleeding green instead of accumulating cash. A new infographic from 1-800Accountant highlights the top small business mistakes that cause problems with taxes, the IRS, and cash flow. Gary Milkwick, a CPA and vice president at […]
Brandon Bahr recognizes the importance of a properly functioning technology arm of a small business. Because of this, he and a former college classmate took the initiative to set up their own IT business. Bahr & Aldrich Technology Services LLC is a 1-800Accountant client based in Big Lake, Minnesota. Bahr and Joseph Aldrich employ just […]
Are you a freelancer or independent contractor who receives a Form 1099 instead of a W-2 form at the end of the year? If so, then you should be aware of the five tax issues that are the most likely to cause IRS trouble for anyone subject to 1099 reporting of wages or income. Freelancers […]
