Now more than ever, small business owners need to double-check their tax returns before filing. Why? Because many of the changes ushered in by the Tax Cuts and Jobs Act take effect with the 2018 tax year. So, if you’re about to file, perhaps slow down and go over your...
Most individuals don’t regard themselves as businesses, trying to turn a profit and beat the competition. But, occasionally, it may help to look at your financial situation this way to determine where you might cut expenses and boost cash flow. Here are some tips. Lay...
Contrary to popular belief, there’s nothing in the U.S. Constitution or federal law that prohibits multiple states from collecting tax on the same income. Although many states provide tax credits to prevent double taxation, those credits are sometimes unavailable. If...
Headlines in the February 5, 2019 Tax+Business Alert Newsletter include the following Multistate Resident? Watch Out for Double Taxation Podcast: Requirements and Exceptions of Form 1099 You’ve Got Time: Small Businesses Can Still Set Up a 2018 SEP Plan View and sign...
The Tax Cuts and Jobs Act (TCJA) made many changes to tax breaks for individuals. Let’s look at some specific areas to review as you lay the groundwork for filing your 2018 return. Personal Exemptions For 2018 through 2025, the TCJA suspends personal exemptions. This...
Form 1094 & 1095 preparation (1095-B or 1095 C forms)
Self-insured or fully insured Form 1095-C code determination
Draft PDF copies sent to you for approval prior to e-filing
Electronic filing with IRS
Easy to use three-step process with minimal data entry
CPA prepared quality control check
Tech support – data collection process
Dedicated ACA specialist to assist you from start to finish
PDF delivery of employer form via email or secure portal
1095 forms will be mailed to each employee: To any location in the U.S. A PDF file of all 1095 forms will be provided to the employer for your records.