2019 – 01/14 The IRS has announced that electronic filing of Affordable Care Act (ACA) information returns (Forms 1094 and 1095) for the 2018 tax year will become available on 1/15/19, at approximately 9 a.m. Eastern time. The tax code requires information reporting on these forms by health coverage providers and applicable large employers (ALEs)….
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This year, the optional standard mileage rate used to calculate the deductible costs of operating an automobile for business increased by 3.5 cents, to the highest level since 2008. As a result, you might be able to claim a larger deduction for vehicle-related expense for 2019 than you can for 2018. Actual costs vs. mileage…
One thing in plentiful supply in today’s business world is help. Orbiting every industry are providers, consultancies and independent contractors offering a wide array of support services. Simply put, it’s never been easier to outsource certain business functions so you can better focus on fulfilling your company’s mission and growing its bottom line. Here are…