SUBSCRIBE TO SBDC RSS
Start Up
Marketing
Internet
Finance
Accounting
Government
Operations
International
Disaster Plan
Expert Business Consulting
Sign up for free small business consulting in your county. Fill out the Electronic Request for Counseling to get started.
Category Archives: Tax Planning
Small Business May Skip the Health Tax Credit
It would be a terrific idea if a small business owner didn’t have to worry about providing health care coverage for its employees. Which is essentially what the Patient Protection Act lays out—so small employers can compete for quality workers.
New Small Business Tax Credit for Providing Health Care Coverage
Understanding the verbal jargon related to the new health care legislation can be confusing for most small business owners. Essentially, the law entices small employers to provide health care coverage by refunding income taxes that small businesses pay.
S-Corporation Distributions From Health Care Practices
Watch OUT, the IRS is Watching Most health care practices are structured as S-corporation. The justification is that, once the practice owner is paid a fair-market-value wage, the remaining distributions are treated as investment income and not subject to Social
Posted in Health Care, Tax Planning
Leave a comment
Watch Out! Your tax rate may be higher than you think
Health Care Act Reshapes Tax Code: Did you know the Patient Protection and Affordable Care Act (PPAC) impose a 3.8% Medicare tax on investment income?
Posted in Health Care, Tax Planning
Leave a comment
New Tax Benefits to Hire and Retain Unemployed Workers
The IRS recently presented information on the Hiring Incentives to Restore Employment (HIRE) Act enacted into law today. Read the full release here. From the release “Employers who hire unemployed workers this year (after Feb. 3, 2010 and before Jan.
