The Federal government once again is giving a FUTA Credit reduction for the following 20 states due to the individual states unpaid federal loan. State Credit Reduction Arkansas 0.3% California 0.3% Connecticut 0.3% Florida 0.3% Georgia 0.3% Illinois 0.3%...
MKR Blog
IRS Announces Pension Plan Limitations for 2012
IR-2011-103, October 20, 2011 The Internal Revenue Service (IRS) has announced cost-of-living adjustments affecting dollar limitations for pension plans and other retirement-related items for Tax Year 2012. In general, many of the pension plan limitations will change...
Pete McAllister Receives Five Star Professional Award – Announced in Indianapolis Monthly
Though Pete McAllister, CPA has known for about a month now, CWMcF discovered this week that Pete was awarded a 5-Star ranking in the Indianapolis Monthly’s October Issue of Top Local Professionals. How’s that for modesty? (and a job well done. ) Congratulations...
IRS Eases up on Worker Misclassifications
Posted by AccountingWEB in Tax, Payroll Tax on 10/07/2011 - 08:38 By Ken Berry The Internal Revenue Service (IRS) is extending an olive branch to employers that may have misclassified "employees" as "independent contractors." Under a new initiative announced by the...
Pete and Dan Present on Social Security at Client Luncheon
This summer Pete McAllister and Dan Kittell presented at a luncheon in cooperation with WealthCare Partners on Social Security. Dan Kittell presented on the beginnings of Social Security and it's history while Pete McAllister presented on Taxation of Social Security...
Intuit QuickBooks For Android Debuts
Intuit looks to give SMBs a faster way to invoice with QuickBooks Mobile and other business apps for Android smartphones.
QB 2008 Sunsets on May 31, 2011
Intuit will be discontinuing support for all versions of QB 2008 on May 31, 2011. If you use payroll, payment solutions (credit card processing), online banking, or the email functionality from within the program, you will need to purchase QB 2011 in order to continue...
Indiana Department of Revenue processing of paper checks
The Indiana Department of Revenue wants taxpayers who sent in paper checks for payment of their 2010 income tax liability to anticipate that those checks could take until June 1, 2011 to process. The Department received about 500,000 paper returns and checks after the...
Everyday Tips Financially Savvy People Use to Be Successful in Retirement
Dive into the secrets of retirement planning. Discover how starting early, setting clear goals, and diversifying investments can lead to a financially secure golden age. Whether you’re an early saver or starting late, find expert advice for every stage of your journey.
Tips to Avoid OSHA Violations and Fines in Construction
Learn vital steps to protect construction workers and businesses from OSHA violations and fines. Stay informed about changing regulations, prioritize worker training, and utilize OSHA consultation services to maintain a safe jobsite.
How to Choose a Business Structure for Your Small Business
Dive deep into the four main business structures: sole proprietorship, partnership, LLC, and corporation. Discover their pros, cons, and how to select the best one for your business’s unique needs and goals.
How Social Security’s COLA Predicted for 2024 Could Affect Retirees
Every October, retirees and individuals planning for their retirement expect the Social Security Administration to announce the cost-of-living adjustment (COLA) for the following year. The COLA aims to counteract the eroding effects of inflation on retirees’...
How to Improve Your Healthcare Practice’s Revenue Cycle for Efficiency and Profitability
Medical practices face the dual challenge of providing quality patient care while ensuring financial sustainability. Optimizing revenue cycle management – the series of processes that manage patient billing, insurance claims, and revenue collection – is a key...
Is Asset-Based Lending Right for Your Small Business?
Securing the right funding for your small business is crucial for growth and stability. Asset-based lending is one option for financing for businesses that have strong assets and need access to working capital. But is asset-based lending the right choice for your...
How Professional Services Firms Can Embrace Risk Management as an Opportunity for Growth and Success
The success of professional services firms is often dependent upon a firm’s ability to deliver exceptional results for clients, but this goal is not without an element of risk. With the uncertainties and potential pitfalls of business, it’s essential that firms adopt...
Effective Financial Tools to Reduce Your Tax Burden
Americans are no strangers to seeking out ways to legally minimize their tax burdens. Fortunately, there are several financial tools available that can help taxpayers slash their tax liability. In this article, we explore how these tools help you optimize your tax...
Recent Changes to SBA Loan Programs Make Access to Loans Easier for Small Businesses
The Small Business Administration (SBA) recently changed the rules that apply to both the 7(a) and 504 loan programs. The goal is to streamline the loan application process, broaden the amount and variety of lenders, and relax regulations in order to reach more small...
Small Retailers Can Use These Strategies to Compete with Larger Stores
Small retailers often find it challenging to compete and thrive in markets driven by big stores and retail chains. However, with the right strategies and a focused effort, small retailers can carve out a niche and strongly compete with larger stores. Here are some key...