by churchshie | Sep 25, 2015 | Accounting, Tax
This summer the U.S. Department of Labor (DOL) issued Administrator’s Interpretation No. 2015-1, which discussed misclassification of employees as independent contractors. Federal and state governments are beginning to take more initiative to investigate employers...
by churchshie | Dec 21, 2013 | Accounting, Tax
2014 Standard Mileage Rates The IRS has announced the standard mileage rates will go down slightly in 2014. Below are the new mileage rates starting 1/1/14: Business use of a vehicle– 56 cents per mile Medical and moving miles –23.5 cents per mile Charitable miles –...
by churchshie | Sep 30, 2013 | Tax
If you have yet to file your 2012 tax return, the extended deadline to file your personal tax return (form 1040) is October 15th. Keep in mind that for the October 15th deadline to be valid, a taxpayer must have timely filed an extension (form 4868) prior to the...
by churchshie | Aug 30, 2013 | Accounting, Healthcare, Tax
Is your church properly classifying its workers as employees or independent contractors? With the implementation of the Affordable Care Act the IRS will examine independent contractor classifications more carefully and the penalties and fees for mis-classification...
by churchshie | Jan 11, 2013 | Tax
The IRS has announced that filing season will begin on January 30th for many taxpayers but not all. Not all forms will be updated by January 30th and thus not all taxpayers will be able to file. The IRS has not released a timeline for the form availability of those...
by churchshie | Dec 12, 2012 | Accounting, Tax
As the end of the year approaches, don’t forget that 1099’s are due January 31st. Our accounting department uses December to review which vendors our clients are missing W-9’s for so that we can get them collected them prior to the deadline. The penalty for not...
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