It seems that unemployment benefits may be set to expire. When Congress passed a budget deal last week, they failed to extend the program that provides federal unemployment benefits to the long term unemployed. As a result, unemployment benefits for anyone depending on federal unemployment assistance will stop this week. Federal benefits normally start […]
Tax News
Happy New Year From Business Tax Preparation!
Wishing you a Happy New Year from Business Tax Preparation!
Unemployment Falls to New Low
In November, the United States economy added 203,000 jobs, beating the economists’ prediction by 20,000. At 7%, the unemployment rate is at the lowest level since November 2008. This news is inspiring for the 11 million Americans who remain unemployed. The big gains this month came from the two ends of the wage spectrum […]
Health Market Delay for Small Businesses
Health Market Delay for Small Businesses – The day before Thanksgiving the United States Department of Health and Human Services announced another delay in the use of government websites to enroll in health insurance plans under the new Patient Protection and Affordable Care Act. According to the announcement, small businesses will not be able to […]
IRS Sends Refunds to Identity Thieves
Did the IRS send mistakenly Send Refunds to Identity Thieves? According to a recent Treasury report, the Internal Revenue Service distributed more than $4 billion in falsified refunds last year with some of the money going to addresses in foreign countries such as Ireland, Bulgaria and Lithuania. The IRS sent 343 refunds to a single address […]