Hi, Website Visitor. Here are your Articles for May 28, 2008.
Rea & Associates, Inc. Announcements
30 Percent of Audits in 2008 Based on Employee Classification
According to the IRS office of Tax Operations in the Small Business/Self-Employed Division, thirty percent of audits this coming year will be based on employee classification issues.
Your business's financial numbers provide a wealth of information.To assess how your business is doing you need to use this financial information to your advantage.
Aa consumer alert was recently issued, warning taxpayers to be on the alert for e-mails and phone calls they may receive which mention their tax refund or economic stimulus payment.
The Internal Revenue Service recently released the maximum contribution levels for health savings accounts and out-of-pocket spending limits for high deductible health plans connected to HSAs.
We take great care in the preparation of our articles and announcements. We also have a process of reviewing articles when major changes take place. The business, legal and tax climate is constantly changing especially when reviewed on an industry basis.
It may be very important to consult with us or your Investment Advisor before implementing ideas contained in articles and announcements. Many ideas have complexities and nuances that cannot be adequately detailed in the articles or announcements. We are not responsible for errors, misinterpretations or omissions related to these articles or announcements. Nor are we responsible for the applicability to your personal, business or tax situation.
Pursuant to Circular 230 promulgated by the Internal Revenue Service, if this email, or any attachment hereto, contains advice concerning any federal tax issue or submission, please be advised that it is not intended or written to be used, and that it cannot be used, for the purpose of avoiding federal tax penalties unless otherwise expressly indicated.
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