by Jeanine Hemingway CPA | Feb 10, 2017 | Education, Lifestyle, Tax Blog
February 10, 2017 – Sadly, tax payer identity theft is a major problem that impacts over one million people each year. It is estimated, the IRS pays out $5.8 billion annually in bogus refunds to identity thieves. Simply put, tax-related identity theft occurs...
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 | Dec 31, 2016 | Education, Tax Blog
December 31, 2016 – The Federal Trade Commission (FTC) has a great article at their website regarding giving to charities. The article includes signs of a charity scam and a charity checklist. To learn more click here...
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...