Please join us for a Quincy Chamber of Commerce “Lunch and Learn” series hosted by the Quincy Network Connection. The guest speaker will be David Dennis of Dennis & Associates. He will be discussing some highlights on some changes that will effect 2015 tax filings. A complimentary lunch will be served! Hope to see you there! When:
As the end of 2015 approaches, it is always a good idea to review the filing and reporting requirements for your company’s W-2s. The IRS requirements are constantly changing, so it is always good practice to consult with your CPA to make sure all new requirements are addressed. One of the most common mistakes is
401(k) Contribution Limit Remains Unchanged at $18,000 for 2016 The Internal Revenue Service announced cost‑of‑living adjustments affecting dollar limitations for pension plans and other retirement-related items for tax year 2016. In general, the pension plan limitations will not change for 2016 because the increase in the cost-of-living index did not meet the statutory thresholds that
The new ACA Information Center for Applicable Large Employers page on IRS.gov features information and resources for employers of all sizes on how the health care law may affect them if they fit the definition of an applicable large employer. The web page includes the following sections: What’s Trending for ALEs, How to Determine if You are
The IRS sent letters to taxpayers this summer who were issued a Form 1095-A, Health Insurance Marketplace Statement, showing that advance payments of the premium tax credit were paid on the taxpayer’s behalf in 2014. At the time, the IRS had no record that the taxpayer filed a 2014 tax return. Here are nine facts
The Affordable Care Act (ACA) requires many employers to offer health insurance to a certain classification of employees or be subject to fines. Your company’s obligations, along with deadlines for meeting the requirements of the new law, are determined by your company’s status as an Applicable Large Employer (ALE) which is determined by the number
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