Taxes
Latest News
A Scalable Talent Model Can Be Much More Than a Safety Net for CPA Firms in Need of Skilled Talent
Labor Challenges Persist Among Mostly Confident Business Owners, According to CBIZ Index
How PTO Policies Can Attract Top Talent
Airwallex Partners with Float for Bill Payment Automation for Canadian Businesses
A Conservative Fix for ObamaCare
Every American citizen should have access to affordable, quality health care. Most of us would agree on the principle; it is the implementation that has everyone befuddled. It’s not just that the implementation of the ACA has been marked by cronyism, bad decisions, failures, fraud, political floundering, lies and stealth taxes. It is that the program itself will not work because there is no one-size fits all solution to health care.
10 Key FAQs About Obamacare 90-Day Waiting Period
The federal government continues to provide guidance on various aspects of the Patient Protection and Affordable Care Act (PPACA), the 2010 legislation known as “Obamacare.”
Avalara Partners with Leading Edge Alliance for Sales Tax Automation
Sales tax automation provider Avalara and The Leading Edge Alliance (LEA) have formed a new strategic alliance, the companies announced on Thursday.
![blog_data_theft](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/2022/07/14603/10046-ids-pmidtaxnewsletter201_11108972.png)
Accounting and IT Professionals Join Forces to Fight Data Theft
Executives worried about data security are driving a spike in demand for skilled number crunchers who are well-versed in technology, according to a Chattanooga, Tenn.-based firm.
Want to Make the IRS Better? Volunteer for the Taxpayer Advocacy Panel
The Internal Revenue Service seeks civic-minded volunteers to serve on the Taxpayer Advocacy Panel (TAP), a federal advisory committee that listens to taxpayers, identifies major taxpayer concerns, and makes recommendations for improving IRS services.
Does Your Business Qualify for the Health Care Tax Credit?
Income tax filing deadlines for most small business are coming up soon, and the Internal Revenue Service is reminding small employers who offer health insurance to their employees to check out the small business health care tax credit and then claim it if they qualify.
![Health-Coverage-Tax-Credit1](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/2022/07/14581/health-coverage-tax-credit1_11326493.png)
IRS Offers 7 Tax Tips on Health Care Credit
The Obama administration is relying on various federal agencies and organizations to help implement the complex rules under the Patient Protection and Affordable Care Act (PPACA), the comprehensive health care legislation otherwise known as “Obamacare.” Naturally, the IRS is expected to play a major role, including enforcement of the penalties for failing to obtain minimum coverage and imposition of the 3.8% Medicare surtax on “net investment income” (NII) for certain upper-income investors.
Divorce and the Section 121 Personal Residence Exclusion
After a divorce, if both spouses stay on title, they can both take advantage of their full personal residence exclusion of $250,000 – as long as one of them continue to use it as a personal residence AND this is specified in the divorce decree (a good reason to get along during the divorce negotiations).