by Candy | Dec 2, 2013 | Business, Payroll, Sales Tax
Instant Tax Service was the 4th largest tax preparation service in the nation. In 2009, ITS was ranked #1 on Entrepreneur Magazine’s Top New Franchises list, #1 lowest cost franchise in the US, and #3 fastest-growing franchise. Their friendly website is still full of...
by Candy | Nov 29, 2013 | Business, Payroll, Sales Tax
Announced last month, the IRS has evaluated and amended tax provisions to account for inflation. More than 40 tax provisions have been adjusted, including the tax rate schedules, and other tax changes. I am going to share a few of the changes that will be of most...
by Candy | Nov 15, 2013 | Payroll, Sales Tax
Following the 16-day government closure earlier this month, the IRS has reopened to face a huge backlog of work which will affect the start of the tax season next year. Although setting up IRS core systems occurs year-round, the autumn months of each year mark the...
by Candy | Nov 6, 2013 | Business, Featured, Payroll
Do you (or will you soon) employ a nanny, babysitter, housekeeper, driver, or other household employee? Although we are not a tax accountant, here is some useful information for you from CPA Practice Advisor. “Nanny taxes” refer to the forms, deadlines and labor laws...
by Candy | Nov 4, 2013 | Business, Payroll
Today I am going to outline the differences between exempt and non-exempt employees under the Fair Labor Standards Act. Knowing these differences will help you correctly classify and fairly compensate your workers while complying with federal law. The FLSA establishes...
by Candy | Nov 1, 2013 | Business, News, Payroll
Baby boomers control over 80% of personal financial assets and more than half of all consumer spending. They buy 77% of all prescription drugs, 61% of over-the-counter drugs, and 80% of all leisure travel. And now, according to statistics from The ADP Research...
