Health Care Reform: Tax Issues for Businesses

July 22, 2010 Health Care Reform 4 Comments Print this page Share

The health care reform legislation that was recently enacted includes new taxes, but there are also some tax breaks available to help small businesses pay for health insurance.  Two of the changes getting a lot of attention: a tax credit available to small businesses that offer health care coverage to employees, and a tax to penalize employers who do not offer coverage.

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Tax Breaks for Hiring Your Child

June 4, 2010 Tax News 1 Comment Print this page Share

Does your child need a job this summer?  Do you own a business and need some summertime help?  If so, consider hiring your child.  There may be some exceptional tax benefits for you.  If you own an unincorporated business and you employ your child under age 18, their wages are not subject to social security taxes.

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Year-End Tax Planning

October 20, 2009 Tax News 1 Comment Print this page Share

Year-end tax planning could be especially productive this year, timely action can get you tax breaks that won’t be around next year unless Congress extends them.

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