Employees vs. Independent Contractors

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...

2014 Standard Mileage Rates

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 –...

October 15th Tax Deadline Two Weeks Away

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...

Start of tax season delayed until January 30th

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...

It’s 1099 Season here at ChurchShield

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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