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Nonprofit Blog

Congress Divided Over Extension of Expired Tax Provisions

Posted by nhogan on Nov 3, 2015 4:24:22 PM

Congress is considering several measures that would extend tax provisions that were previously allowed to expire.

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Topics: Tax, Uncategorized

Year-End Tax Planning for Construction Contractors

Posted by bgoricki on Oct 6, 2015 4:51:55 PM

The fourth quarter of 2015 has arrived. Now is a good time to consider your construction company’s tax liability and take the necessary steps to minimize it. As usual, the year has brought some changes to the tax laws. But at the same time, as of this writing, there’s also been no congressional action on various tax law “extenders” that may affect businesses. As we await clarity, here are some key points to keep in mind.

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Topics: Construction, Tax, Uncategorized

Construction Success Story: Contractor Leverages Public Relations to Raise Her Small Company’s Profile

Posted by bgoricki on Oct 6, 2015 4:25:56 PM

A suburban remodeling contractor believed she was too often missing opportunities to bid on jobs well suited to her company. She asked her financial advisor how she might raise her public profile without wasting precious time and dollars on fruitless marketing efforts. They came up with an affordable, effective way to get her noticed.

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Topics: Construction, Tax, Uncategorized

How to Negotiate During a Sales and Use Tax Audit

Posted by bgoricki on Sep 28, 2015 12:19:52 PM

Most companies register more than a touch of anxiety when they receive a letter from their state’s revenue division. Perhaps the most dreaded notice is that of an impending sales tax audit. But what most businesses don’t realize is that there are ways to mitigate the impact of an examination by your state’s revenue division.

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Topics: sales tax audit, Tax, Uncategorized

Change in Filing Deadline for Business Returns

Posted by bgoricki on Sep 28, 2015 11:39:06 AM

On July 31, 2015, President Obama signed into law the “Surface Transportation and Veterans Health Care Choice Improvement Act of 2015”. Although primarily designed as a three-month stopgap extension of the Highway Trust Fund, the Act includes a number of important tax provisions, including revised due dates for partnerships and C corporation returns and revised extended due dates for many other returns.

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Topics: Tax, Uncategorized

Department of Labor Says Most Contractors Are Actually Employees

Posted by bgoricki on Sep 28, 2015 11:14:54 AM

A recent move by the U.S. Department of Labor (DOL) could have far-reaching implications for businesses that hire contractors. Traditionally, such workers were not considered employees under the Fair Labor Standards Act (FLSA) and therefore not entitled to Social Security, Medicare, the Family and Medical Leave Act or health care under the Affordable Care Act. Now the Administration’s initiative to broaden the definition of “employee” is getting some support from the U.S. Supreme Court.

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Topics: Definition of Employee, DOL, Tax, Uncategorized

First of Two Georgia Sales Tax Holidays starts July 31

Posted by jbarnes on Jul 13, 2015 12:00:00 AM

Georgians awaiting a sales tax holiday for savings on school supplies, computers or software or even clothing, can begin to set their clocks, as the next holiday begins at 12:01 a.m. on July 31. It will conclude at midnight on August 1. 

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Topics: georgia sales tax holiday, Tax, Uncategorized

Is Your Business Eligible for the Tangible Property Tax Deduction?

Posted by bgoricki on Jun 24, 2015 1:37:46 PM

While you’ve likely heard plenty about the Tangible Property Final Regulations issued by the IRS in 2013, it’s worth taking a second look because several of the revisions could have a real impact on your business this year and beyond.

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Topics: Tax, Uncategorized

International Tax Alert: June 30 Filing Deadline Looms for Outbound Investment Reporting

Posted by nhogan on Jun 23, 2015 9:49:33 AM

U.S. Department of Commerce Bureau of Economic Analysis – Reporting Requirements for U.S. Outbound and Inbound Investments

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Topics: BE-10 filing, outbound, inbound, Tax, Uncategorized

How the Latest Internet Sales Tax Proposals May Impact Your Business

Posted by bgoricki on Apr 8, 2015 1:13:22 PM

Overview

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Topics: Sales and Use Tax, internet tax, sales tax, Tax, Uncategorized

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