by GruffyGoat Team | Jan 27, 2014 | Uncategorized
We covered this in-depth a few weeks ago, but there are several tax credits and deductions, both for businesses and for individuals, that have expired as of December 31st, 2013. If your 2013 tax year included anything that would make you eligible for these credits and...
by GruffyGoat Team | Jan 23, 2014 | Uncategorized
If you’re looking for a way to reduce your state unemployment tax rate, you may have found it with voluntary contributions. A voluntary contribution is an advance payment on the following year’s SUTA (state unemployment tax). In many states, employers...
by GruffyGoat Team | Jan 21, 2014 | Uncategorized
As more people start using subscription-based services like Spotify, FreshBooks, and Dropbox, more business owners are considering changing to a subscription-based payment model. The benefits seem clear: predictable, recurring revenue that you don’t have to...
by GruffyGoat Team | Jan 17, 2014 | Uncategorized
The IRS has released proposed regulations for the Sec. 45R credit for small employers that offer health insurance coverage for employees (REG-113792-13). These regulations include the statutory changes that were scheduled to take place in 2014. The...
by GruffyGoat Team | Jan 13, 2014 | Uncategorized
The “use-or-lose” rule for health flexible savings spending arrangements (FSAs) has been modified to allow plan participants to roll over $500 of unused balances at the end of each plan year (providing that the plan does not also incorporate the...