Blog
Question of the Week: Is There a Spanish Form W-11 Available?
This week’s question comes from Mike, a small-business owner. We have hired some employees whose native language is Spanish. They are better able to understand forms in Spanish than they are in...
Unemployment Insurance Weekly Claims Report Update for May 22, 2010
According to the US Department of Labor, in the week ending May 22, the advance figure for seasonally adjusted initial claims was 460,000, a decrease of 14,000 from the previous week’s revised...
Tip of the Week: Third Quarter Interest Rates Remain Unchanged
In IR-2010-065, the Internal Revenue Service (IRS) announced that interest rates for the third quarter of 2010 would remain unchanged from the second quarter. The rates are as follows: Four (4)...
IRS Releases 2011 Inflation Adjustments for Health Savings Accounts
The Internal Revenue Service (IRS) recently released Rev. Proc. 2010-22, which contained the 2011 inflation adjusted amounts for Health Savings Accounts or HSAs. Since the changes in the Consumer...
Claiming the Small Business Health Care Tax Credit
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 next several weeks,...
MS Taxpayers Receive Extension of Time to File Returns and Pay Taxes
Due to the severe storms, flooding, and tornadoes in Mississippi beginning May 1, 2010, President Barack Obama declared the following counties a federal disaster area: Alcorn, Benton, Lafayette,...
KY Taxpayers Receive Extension of Time to File Returns and Pay Taxes
Due to the severe storms, flooding, mudslides and tornadoes in Kentucky beginning May 1, 2010, President Barack Obama declared the following counties a federal disaster area: Adair, Allen, Anderson,...
Question of the Week: What Are the New Daily Overtime Rates for Nevada?
This week’s question comes from Mark, a business owner. We read that the minimum wage in Nevada will increase on July 1, 2010. We know that we must pay weekly and daily overtime if the employee’s...
Unemployment Insurance Weekly Claims Report Update for May 15, 2010
According to the US Department of Labor, in the week ending May 15, the advance figure for seasonally adjusted initial claims was 471,000, an increase of 25,000 from the previous week’s revised...
Tip of the Week: Making Employees Quit with an Incompetent Boss
In a recent study conducted by the Society for Human Resource Management (SHRM), 21% of employees quit their jobs because they believed their boss to be incompetent or difficult. The first step...
