Category Archives: Taxes

Health Care Law: Tax Considerations for Employers with fewer than 50 Employees

Health Care Law: Tax Considerations for Employers with fewer than 50 Employees Some of the tax provisions of the Affordable Care Act apply only to employers with fewer than 50 full-time or full-time equivalent employees. Employers with fewer than 50 employees should take note of these tax considerations: More than

Do’s and Don’t’s for Deducting Meals, Entertainment and Travel

If you’re claiming a deduction for meals, entertainment, auto or travel expenses, expect the IRS to closely review it. Tax auditors are adept at rooting out inconsistencies, omissions and errors in taxpayers’ records. So, DO keep detailed, accurate records. Documentation is critical when it comes to deducting meals, entertainment, auto and