Form 706 is unlike any other tax return and requires thorough understanding of what makes up the Gross Estate, which Deductions are permissible, and how to allocate the lifetime Estate Tax and Generation Skipping Tax Credit. Additionally, Portability and QTIP elections must be made in a timely manner enabling clients to save thousands of tax …
Travel Pay can be confusing due to state and federal laws. But that’s not all; the rules also differ based on several other factors. For instance, there are different rules for employees traveling on a company vehicle or their private car, or if they traveling on an assignment, etc. And there are waiting time, commuting …
Form 1099-K is used to report certain payment transactions including payments by payment cards (credit, debit, or stored value cards) and payments in settlement of third party network transactions or through third party settlement organizations. Such organizations, for example, include PayPal, Uber, Venmo, and Air B&B. According to the IRS, Form 1099-K reports the gross …
On March 28, OSHA proposed amendments to occupational injury and illness recordkeeping rules that would require some employers to submit electronic reports in addition to retaining the records. This change would increase employer obligations dramatically and signifies that OSHA is more actively reviewing this information.Now is an ideal time to ensure you are complying with …
Nearly every state in the U.S. has adopted a version of the Landlord and Tenant Act. The act governs what you, as a tenant, need to do and what the landlord must do for you. It covers everything from moving in and paying a security deposit, to privacy and evictions. While there are minor differences …
The form 1040 is the U.S. Individual Income Tax Return. Individuals may be entitled a myriad of deductions and credits that can reduce their taxable income and/or generate refunds. Each deduction or credit comes with its own set of rules which must be applied correctly to avoid issues and some of those rules keep changing. …
The overtime threshold is a salary level used to determine which employees are eligible to receive overtime pay when they work over 40 hours in a single workweek. The federal rules governing overtime pay were established by the Fair Labor Standards Act (FLSA), which also described which workers are exempt from these rules and which …
Overview Power Pivot removes many of the limitations and frustrations that users find with creating Pivot Tables in Excel. For example, using Power Pivot you can… Create Pivot Tables from multiple lists/tables without the need to combine them into a single list first (goodbye LOOKUP and all the issues that it brings) Create Pivot Tables …
This seminar covers many of the common issues facing property managers and property owners today. We will go over how to correctly document various tenant violations and strategies and techniques for documenting and solving resident violations. Also, one of the hot topics is Assistance animals. You will learn the correct way to handle these requests. …
When taxpayers fail to meet their tax obligations the IRS can charge penalties. Penalties accrue interest if they are not paid in full. Owing tax is stressful and it’s made even more so when the debt continues to grow. Clients often ask whether they can pay their tax debt without paying penalties and interest. Knowing …
