Posted on October 4, 2011 at 9:44am 0 Comments 0 Likes
Property mangagement companies and landlords, many small employers that pay at least half of the premiums for employee health insurance coverage under a qualifying arrangement may be eligible for the small business health care tax credit. This credit can enable small businesses and small tax-exempt organizations to offer health insurance coverage for the first time. It also helps those already offering health insurance coverage to maintain the coverage they already have. The credit is…
ContinuePosted on September 21, 2011 at 11:06pm 0 Comments 0 Likes
Posted on September 20, 2011 at 9:49pm 0 Comments 0 Likes
Property managers and landlords, the Internal Revenue Service today issued guidance designed to clarify the tax treatment of employer-provided cell phones.
The guidance relates to a provision in the Small Business Jobs Act of 2010, enacted last fall, that removed cell phones from the definition of listed property, a category under tax law that normally requires additional recordkeeping by taxpayers.
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ContinuePosted on September 13, 2011 at 12:00pm 0 Comments 0 Likes
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