Blog Archives

Health Care Reform: Tax Issues for Businesses

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


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Do I Need a Federal Tax Identification Number?

This is a familiar question a client or potential client will ask us.  Some of the more common situations in need of a tax identification number are: Starting a business that will have employees Having a corporation Having a qualified


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Tax Breaks for Hiring Your Child

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


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1099 Reporting Guidelines

January 31, 2010 is the deadline to furnish Form 1099-MISC to recipients.  The 1099-MISC form is used to report more than two dozen types of payments that must be claimed as income by the recipient. 


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