Once again as we approach tax season, we will all be faced with the scams from persons trying to get our personal information. Ihe IRS reminds us that it’s important to make sure everyone guards their personal information online and at home. Some of their suggestions are as follows: Especially in families that use the same computer, students should be...
Tags: Identity Theft
Category: Taxes
The Tax Increase Prevention Act of 2014 or the Tax Extender Bill, as it’s more commonly known has been signed by the President and is now law. This bill extends many provisions (including the Section 179 deduction) permanently. Other provisions are extended for two years and five years. This is extremely good news for many, including small business owners. For...
Tags: Tax Extender Bill
Category: Taxes
Just a reminder that after the Massachusetts’ Earned Sick Leave law went into effect on July 1, 2015, many employers were scrambling at the last minute in an effort to comply. Many employers relied on the so-called “Safe Harbor” provision included in the law, which allowed them to keep using their existing policy. That safe harbor law is now expiring...
Tags: Massachusetts Safe Harbor
Category: Taxes