Penalties to individuals without health insurance

Did you know that the Affordable Care Act will require you to pay a penalty starting in 2014 if you do not have an acceptable health insurance policy as defined by the Act or do not meet one of the exceptions? The … Continue reading →

Overview of Impact of Affordable Care Act on Employers

Beginning in 2014, all employers considered to be Large Employers under the Affordable Care Act (ACA), will be required to offer Affordable health insurance coverage to all of their full-time employees and dependent children or pay a penalty. Employers should … Continue reading →

New Form I-9 now required

Effective May 8, 2013, all employers are now required to use a new updated version of Form I-9 that some may not know exists but that could prove costly if ignored. Form I-9 is used to prove the eligibility of new workers and to … Continue reading →

More time to pay tax balance due

Taxpayers who have finished their returns should file by the regular April 15 deadline, even if they can’t pay the full amount due. In many cases, those struggling with unpaid taxes qualify for one of several relief programs, including the … Continue reading →

Easy ways to pay tax balances due

Taxpayers with a balance due now have several quick and easy ways to electronically pay what they owe, including: Electronic Federal Tax Payment System (EFTPS). This free service gives taxpayers a safe and convenient way to pay individual and business taxes by phone or … Continue reading →

More time to file tax return

Quick and easy solutions are available to taxpayers who can’t file their returns or pay their taxes on time, and they can even request relief online. The IRS says don’t panic. Tax-filing extensions are available to taxpayers who need more … Continue reading →

Traditional IRA Contributions

The IRS published in abbreviated form a list of 10 important tips for you about setting aside money for your retirement in a traditional Individual Retirement Arrangement (IRA).  These tips do not apply to rollover amounts deposited to an IRA.  We have excerpted … Continue reading →