by Jeanine Hemingway CPA | Jul 29, 2017 | Business, Education, Tax Blog
June 29, 2017 – Time to ditch your mileage tracker forms… Do you travel for business? Moving? Traveling to do charitable work? All of the above? You’ll want to make sure you are tracking your mileage, especially when tax season rolls around. The IRS... 
by Jeanine Hemingway CPA | Jan 9, 2017 | Business, Education, Tax Blog
January 9, 2017 – It’s January– and in the accounting world, tax time will soon be underway. Whether you own a business or will file as an individual, leaving tax preparation until the eleventh hour can create disruptions to your business and unwanted... 
by Jeanine Hemingway CPA | Nov 4, 2016 | Business, Education, Tax Blog
November 4, 2016 – What You Need to Know About the New Federal Overtime Rules This past May, the US Department of Labor released its final rule on the overtime exemption threshold, travel pay, and minimum wage under the Fair Labor Standards Act (FLSA). The new... 
by Jeanine Hemingway CPA | Jun 6, 2016 | Business, Education, Tax Blog
January 6, 2016 – The rules for mileage deduction?The IRS is starting to come down hard on mileage deductions. If audited, records must reflect the amount of miles, time and place the driving took place, the business purpose and the business relationship to the... 
by Jeanine Hemingway CPA | Jan 6, 2016 | Business, Education, Health, Tax Blog
Do you have the minimum essential medical coverage? In order to comply with section 1302 in the HRN, having essential coverage means that you have the following items covered in your plan: Ambulatory patient services.Emergency services.Hospitalization.Maternity and... 
by Jeanine Hemingway CPA | Dec 20, 2012 | Announcements, Business, Education, Tax Blog
Sometimes to keep your cash flow moving, you may need to loan your Company money. This is perfectly legitimate, but make sure there is a written promissory note, with some reasonable interest rate, and some reasonable payment schedule. I would recommend 1+prime...