Understanding Form 1095-C, Employer-Provided Health Insurance Offer and Coverage
Employers with 50 or more full-time employees, including full-time equivalent employees, in the previous year use Form 1095-C, Employer-Provided Health Insurance Offer and Coverage, to report the information required about offers of health coverage and enrollment in health coverage for their employees. Form 1095-C is used to report information about each employee.
7 Steps for Making Identity Protection Part of Your Routine
The theft of your identity, especially personal information such as your name, Social Security number, address and children’s names, can be traumatic and frustrating. In this online era, it’s important to always be on guard.
Top Year-End IRA Reminders from IRS
Individual Retirement Accounts, or IRAs, are important vehicles for you to save for retirement. If you have an IRA or plan to start one soon, there are a few key year-end rules that you should know. Here are the top year-end IRA reminders from the IRS:
8 Things to Know about the Taxpayer Advocate Service
1. TAS is Your Voice at IRS The Taxpayer Advocate Service, or TAS, is your voice at the IRS. We are an independent organization within the IRS.
IRS Tax Tips for Deducting Gifts to Charity
The holiday season often prompts people to give money or property to charity. If you plan to give and want to claim a tax deduction, there are a few tips you should know before you give. For instance, you must itemize your deductions. Here are six more tips that you should keep in mind:
7 Tips to Protect Your Computer Online
The Internal Revenue Service, the states and the tax industry urge you to be safe online and remind you to take important steps to help protect yourself against identity theft.
Understanding Your Form 1095-B, Health Coverage
Form 1095-B, Health Coverage, is used to report certain information to the IRS and to taxpayers about individuals who are covered by minimum essential coverage and therefore aren’t liable for the individual shared responsibility payment.
The Importance of Workforce Size Under the Employer Shared Responsibility Provisions
Under the Affordable Care Act, certain employers — called applicable large employers – are subject to the employer shared responsibility provisions. An employer that is subject to the employer shared responsibility provisions may choose to offer affordable minimum essential coverage that provides minimum value to its full-time employees and their dependents, or to potentially owe…
2015 Tax Considerations
Click Here to Download the PDF The followings are articles regarding tax law changes and are categorized in: Extender Provisions Individual Income Tax Provisions Education Trust, Estate and Descendent Income Tax Estate, Gift and Generation-Skipping Transfer Taxes Pension and IRA Provisions Business Provisions Things to Consider before the End of 2015 2015 Tax Rate Schedule…
If You Get an IRS Notice, Here’s What to Do
Each year the IRS mails millions of notices and letters to taxpayers. If you receive a notice from the IRS, here is what you should do: