Miami Home Healthcare Accountants Bad Debt Recovery Miami Home Healthcare Accountants Gustavo A Viera CPA we’re concerned as the economic recession continues and with the rise in unemployment, Home Healthcare Accountants must deal with accelerated growth in bad debts in addition to the myriad of other financial and operating challenges presented during the downturn. Home Health Agency …
New Year’s Resolution No.1: Don’t Get Audited Accounting in Miami remind you that New Year’s Eve is just around the corner and it’s time to start making resolutions for 2012. No.1: Don’t Get Audited! When it comes to tax resolutions for next year, Small Business Accountants in Miami visions of refunds might be dancing in your …
Payroll Tax Cut Weakens Social Security Income Tax Return Preparers in Miami Gustavo A Viera CPA say that, while President Barack Obama’s plan to cut payroll tax may strengthen the U.S. economy, it may have some unintended fallout: weakening Social Security. Lawmakers and advocacy groups say they are concerned the payroll tax cuts may undermine …
If you treat workers as independent contractors who are really employees and fail to withhold payroll taxes the IRS can reclassify them and assess potentially crippling retroactive penalties. For many, a key way out of this mess is Section 530, a tax relief provision that can let you keep even an erroneous classification. Under this provision, a business can treat an individual as an independent contractor if:It never treats the person as an employee;It does not treat any other person with a substantially similar position as an employee;All required federal tax returns and Forms 1099 show the worker as an independent contractor; and The business had a “reasonable basis” not to treat the person as an employee.
It never treats the person as an employee;
It does not treat any other person with a substantially similar position as an employee;
All required federal tax returns and Forms 1099 show the worker as an independent contractor; and The business had a “reasonable basis” not to treat the person as an employee.
For those who dream of running their own shop, our Miami CPA Firm recommends asking these four questions to be sure you get off on the right foot.
Our Miami CPA Firm has some important information to share with individuals who have sold or are about to sell their home. If you have a gain from the sale of your main home, you may qualify to exclude all or part of that gain from your income. Here are ten tips from the IRS to keep in mind when selling your home.
In fact, succession plans always entail a contemplated change in the ownership and management of any business, and having the right elements in your client’s plan can have a huge impact on achieving successful outcomes. Here are five elements to consider as you work to meet the specific needs of your clients