Happy Holidays!!!! From all the festive folks at Billings & Company, CPAs to all of our fun-loving and fabulous friends, we would like to wish you the happiest of holidays!!!! Happy holidays……happy holidays………may the tax breaks be bringing happy holidays to you……. Here are some last minute tax tips that you still have time to take advantage […]
As is par for the course, Congress waited until the last minute to approve the tax extenders for 2015 with the “Protecting Americans from Tax Hikes Act of 2015.” President Obama signed it into law. This law extends various tax breaks for individuals and businesses. Below is a list of some of these extensions: The […]
There is now a $250 penalty, PER 1099, for not providing a correct 1099 when one should have been issued. This is considered an intentional disregard. There is no maximum penalty for the year. There are also penalties for filing them late. The tax return has 2 direct questions regarding 1099s that make it easy […]
You’re busy. Getting your taxes done is no fun! You have better things to do with your evenings after work. Right? We have a handy dandy (E)Mail-in Service that will save you time and stress. We can help! Just take the following steps to have a stress-free, non-time consuming tax prep year AND get the […]
Just when we thought we all understood the thousands of intricacies of municipal tax code, they go and make changes to it. Anyone who does taxes can tell you that depending on the city where you work and the city where you live, there are different tax rates, tax credits, and so on and so […]
You’ve got nothing to do this time of year right? Diligently searching to find something to fill your time? Well, maybe not…but still…… Here’s a little adventure for you to spend some time on…..think about an HSA. It’s a bit of a Holiday Season Adventure figuring out the in’s and out’s of an HSA….a Health Savings Account. Where […]
