About 1040 ACCOUNTING
ACCOUNTING AND TAX
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Location & hours
- Mon Mon 9:00 am - 5:00 pm
- Tue Tue 9:00 am - 5:00 pm
- Wed Wed 9:00 am - 5:00 pm
- Thu Thu 9:00 am - 5:00 pm
- Fri Fri 9:00 am - 5:00 pm
- Sat Sat Closed
- Sun Sun Closed
Updates & tips from 1040 ACCOUNTING
Health Insurance and the Self Employed
Self-employed individuals. The Small Business Jobs Act of 2010 allows the deduction for income tax purposes for the cost of health insurance in calculating net earnings from self-employment for purposes of self-employment taxes. The provision only applies to the self... Read More
Social Security Taxes for 2011
Social Security wage base remains unchanged for 2011 The maximum amount of earnings subject to Social Security will be unchanged in 2011. The wage base, above which wages are not subject to Social Security taxes, will be $106,800. Wage base The ma... Read More
Year End Tax Planning
Small employer health insurance credit. In September, the IRS posted a draft version of Form 8941, Credit for Small Employer Health Insurance Premiums, on its web site for small employers to use to calculate the new Code Sec. 45R tax credit. The Patient Protection an... Read More
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