Treasury postpones employer health care penalty, information reporting for...
Treasury postpones employer health care penalty, information reporting for one year … as reported by the Journal of Accountancy BY ALISTAIR M. NEVIUS, J.D. JULY 2, 2013 Large employers that fail to...
View ArticleARE YOU PREPARED? NEW IRS REPAIR VS. CAPITALIZATION REGULATIONS
The IRS released final regulations dealing with when taxpayers are required to capitalize and when they can deduct expenses for acquiring, maintaining, repairing and replacing tangible property. All...
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GROSS PROFITS, OPERATING INCOME, NET INCOME AND EBITDA
—WHAT’S THE DIFFERENCE? Part Two— Company owners, managers, bankers, and investors often talk about profits or income when discussing the financial performance of a business, but each may focus on very...
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COST/PRICE MODEL: USE YOUR INCOME STATEMENT TO CHECK YOUR PRICES
Successful businesses set prices and then deliver services or produce goods at costs that are lower than these prices. The difference between the cost and the price creates the profit that the business...
View ArticleNew Filing Requirement for Business Owners with Self-Insured Health Plans...
Hidden within the Affordable Care Act of 2010 is a new tax that many businesses are not aware of. In 2013, many employers were subject to the new Patient-Centered Outcomes Research Trust Fund Fee for...
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