Archive for April, 2015

Whew! Tax Season is Over – a Recap

Posted on:  April 30th, 2015
By:  Diane Morrison

Whew!  Another tax season is behind us, but after a week, we are still breathing hard.  This one was like no other in recent memory.  There were many reasons as to why, but those reasons all came together to produce the “perfect storm” this year.
First, we have the Affordable Care Act – thi Read More

Last Updated by Diane Morrison April 30, 2015

Independent Contractor or Employee? 3 Ways To Know.

Posted on:  April 24th, 2015
By:  Diane Morrison

Do you pay someone as an independent contractor? Whether you are a small business owner or a homeowner contemplating hiring a gardener or a nanny, classifying and paying a worker as an independent contractor is a decision that comes with increased scrutiny by the IRS, so you must be sure that you ar Read More

Last Updated by Diane Morrison July 2, 2015

Will You Be Audited? What Are the Chances?

Posted on:  April 16th, 2015
By:  Diane Morrison

“Worried about an IRS audit? Avoid what’s called a ‘red flag’. That’s something the IRS looks for. For example, say you have some money left in your bank account after paying taxes. That’s a red flag.” – Jay Leno
All jokes aside, there is probably no scarier word in the English l Read More

Last Updated by Diane Morrison April 16, 2015