Posts Tagged ‘W-2’
Half Truths about your W-2
Urban legends abound on this subject. Here are the current rules.
Read MoreIRS allows a “mulligan” on Obamacare penalties
Occasionally IRS will surprise you and do something that actually makes common sense for our small business clients.
Read MoreCan you guess what’s coming next?
Laura Saunders has a great exercise in predictive logic in the tax section of the Wall Street Journal. Most clients’ largest tax benefit may soon be under attack if she’s right! ” When you receive your W-2 for 2012, pay attention to a surprising new number on the form, especially if you are an upper-income-bracket taxpayer.…
Read MorePeachtree users – Here’s how to add the owner’s health insurance to the W-2
Clients with S-Corps – Don’t forget that you cannot deduct your health insurance costs without loading them onto your W-2. Here’s how to do it. [gview file=”https://elitecpatax.com/images2/peacthreeW-2Health.pdf”]
Read More