Blog
Maryland Restaurateur Pleads Guilty to Harboring Illegal Aliens
According to the office of Rod J. Rosenstein, US Attorney for the District of Maryland, George Anagnostou has pleaded guilty to harboring twenty-four illegal aliens who were employed at Timbuktu...
Court Rules That Individual and Single-Member LLC Are not Distinct Taxpayers
In Medical Practice Solutions, LLC, et al., v. Commissioner, TC Memo 2010-98, the Tax Court ruled that an individual and her single-member LLC are not distinct taxpayers and thus she is personally...
WV Taxpayers Receive Extension of Time to File Returns and Pay Taxes
Due to the severe storms, flooding, mudslides and landslides in West Virginia beginning June 12, 2010, President Barack Obama declared the following counties a federal disaster area: Lewis, Logan,...
Transition Relief for Employers That Do Not Pay at Least Fifty Percent of the Premium
The new health reform law gives a tax credit to certain small employers that provide health care coverage to their employees, effective with tax years beginning in 2010. Over the past several weeks,...
Question of the Week: Do I Need a Separate EIN for My Corporation?
This week’s question comes from Cliff, a sole proprietor. I am forming a corporation and will be converting from a sole proprietorship to a corporation. Do I need a separate EIN for my corporation?...
Unemployment Insurance Weekly Claims Report Update for July 3, 2010
According to the US Department of Labor, in the week ending July 3, the advance figure for seasonally adjusted initial claims was 454,000, a decrease of 21,000 from the previous week’s revised...
Tip of the Week: DOL Eyeing Employers’ Internship Programs
Continuing to face a slow economy, many small businesses have tightened their budgets while many students (as well as individuals considering new careers) may look towards internships to gain...
Transition Relief for Employers That Do Not Pay a Uniform Percentage
The new health reform law gives a tax credit to certain small employers that provide health care coverage to their employees, effective with tax years beginning in 2010. Over several weeks, Vision...
Impact of the Small Business Health Care Tax Credit on Employment Tax Payments
The new health reform law gives a tax credit to certain small employers that provide health care coverage to their employees, effective with tax years beginning in 2010. Over several weeks, Vision...
Impact of the Small Business Health Care Tax Credit on Deductions for Health Insurance Premiums
The new health reform law gives a tax credit to certain small employers that provide health care coverage to their employees, effective with tax years beginning in 2010. Over several weeks, Vision...