Blog
Tip of the Week: IRS Releases Draft Form 941
The Internal Revenue Service (IRS) recently released a draft Form 941, Employer’s QUARTERLY Federal Tax Return, to be used by employers to claim payroll tax forgiveness under the HIRE Act for...
Determining the Amount of Average Annual Wages
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,...
Determining the Number of Full-Time Equivalents
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,...
Timing of Payments to be Counted in Calculating 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,...
Impact of More than Ten Full-time Equivalent Employees and Average Annual Wages Greater than $25,000
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,...
Question of the Week: Can We Go Back and Claim Payroll Tax Forgiveness under the HIRE Act?
This week’s question comes from Aaron, a business owner. I just found out about the payroll tax forgiveness under the HIRE Act. We’ve hired several qualifying employees and already deposited the...
Unemployment Insurance Weekly Claims Report Update for April 17, 2010
According to the US Department of Labor, in the week ending April 17, the advance figure for seasonally adjusted initial claims was 456,000, a decrease of 24,000 from the previous week’s revised...
Tip of the Week: Register Now for the HIRE Act and Small Employer Health Insurance Credit Seminar
The recently passed HIRE Act allows employers to save $2,500 in payroll taxes for new hires earning $33,000 and provides even greater savings for hiring more highly paid employees. The Health Care...
Impact of Average Annual Wages Greater than $25,000
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,...
ND Taxpayers May be Absolved of Penalties for Late Filing
Due to the early April severe weather in North Dakota, the Internal Revenue Service (IRS) announced recently that it will consider abating late filing and/or late paying penalties if taxpayers were...
