Month: December 2013

Do you know to deal with DOMA and payroll tax refunds?

Did you pay extra social security, Medicare, and withholding tax on certain fringe benefits during 2013 because of this year’s tax law recognition of same-sex marriage? Whether you’re an employer or an employee, you can claim a refund of the…

Make preparations for 2013 Form 1099 filing

While you’re wrapping up 2013, give yourself the gift of reduced stress in the new year by getting a head start on January’s information reporting responsibilities. Here are three tasks to tackle. Review your general ledger.¬†Even if you’ve already identified…

Cost-cutting ideas for your business

The start of a new year is a great time to reassess your business, scrutinizing everything from organizational structure to personnel policies to advertising. Putting company costs under a microscope can also pay huge dividends throughout the year if expense-cutting…

Health Savings Accounts: An option worth considering

While the way you shop for a health insurance policy may be changing, the tax rules for combining your policy with a savings account remain in place. The combination of a high-deductible health policy and tax-advantaged savings is called a…