Accountants & Advisors News
Choice of Entity
February 1, 2012
You’ve researched for hours, brainstormed for months, bounced ideas off family and friends and ran the numbers. You’re excited. You’re ready to launch your own business. Now what? Start with your plan, add advice from professionals, and sprinkle in some collaboration with your peers to lay the proper foundation for success your first year and [...]
Source: Published in RISBJ Premier Issue 2012
Seller Beware – States Expand Nexus Standard for Online Sellers
January 12, 2012
We’ve all read that state treasuries continue to be hit hard by decreasing tax collections and pressure from increasing costs of services. Meanwhile, Internet sales continue to take a larger slice of the total retail sales market. Forrester Research predicts that online retail sales will grow to almost $250 billion in 2014, or 8 percent [...]
Source: Published in SumNews Winter I 2011
Tax Alert: Form 1099-MISC
October 7, 2011
This article is a practical guide to assist a business in determining if it needs to issue Form 1099-MISC and what should be done in preparation for year end. Form 1099-MISC is an informational return used to report certain payments made in the course of a trade or business. Under the old Form 1099-MISC rules [...]
Tax Alert: Report Certain Foreign Bank and Financial Accounts to Treasury by June 30
June 27, 2011
Congress approved and President Obama signed into law on December 17, 2010, the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010.
Why You Should Take Another Look at Your 1040
June 10, 2011
By: Debra A. Mitchell, CPA, MBA, MST
Debbie Mitchell, principal at Braver PC, talks about common errors in 1040 preparation and how to prevent them for the future in an article published in the American Institute for CPA’s newsletter publication, cpa2biz. During the course of reviewing 1040s, reviewers are most likely finding common errors in the 1040 preparation. These issues should be noted [...]
Small Employer Health Insurance Premiums Credit
April 15, 2011
By: Debra A. Mitchell, CPA, MBA, MST
Debbie Mitchell, principal at Braver PC, talks about Small Employer Health Insurance Premiums Credit in an article published in the American Institute for CPA’s newsletter publication, cpa2biz. Limitations divulged! The credit for health insurance premiums is a welcome relief for small employers because of the high costs of these premiums. However, there are limitations. Read [...]
What is the Kiddie Tax?
March 15, 2011
By: Debra A. Mitchell, CPA, MBA, MST
Debbie Mitchell, principal at Braver PC, talks about the Kiddie Tax in an article published in the American Institute for CPA’s newsletter publication, cpa2biz. “What constitutes a “Kiddie”? Is it a five-year old, a 10-year old or even a 15-year old? Actually, a full-time student can be considered a kiddie until the age of 23.” [...]
Dennis Pellecchia Featured as “Member Spotlight” in MSCPA’s SumNews
February 18, 2011
In the Winter Issue of MSCPA’s SumNews publication, Dennis Pellecchia opens up topics including why he decided to go into public accounting, serving on the board of several charitable organizations, and his passion for calf roping.
Tax Alert: 2010 Tax Relief Act – Estate Tax
January 24, 2011
Congress approved and President Obama signed into law on December 17, 2010, the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010.
SumNews Member Spotlight: Dennis Pellecchia
January 10, 2011
Dennis Pellecchia, Chairman of the Board, was featured as the “Member Spotlight” in MSCPA’s SumNews – Winter issue.
