The American Recovery and Reinvestment Act of 2009 (also known as HR 1) is now the law. It is almost 1100 pages long and filled with provisions that spend money for almost any topic you can imagine. Its creators intend it to stimulate the economy, but many believe some “pet projects” were also slipped […]
Please allow me to depart from my normal topic area and cover the new batch of scams that use Tax Refunds and Stimulus Bill Payments as their hook. The scammers are becoming so aggressive, bold and clever it’s possible for you and your staff to become victims even if you are working the cutting […]
There are not many times in history when events seem to merge to insure the government will take extraordinary measures to enforce IC compliance laws and collect every possible dollar in taxes.
I believe this is one of those special times. In the next few years tax agencies will be given more powerful tools and […]
In December I reported to you about the new rule that requires federal contractors to use the federal E-Verify System for checking the eligibility of their employees to work in the United States. The rule was originally scheduled to go into effect Jan. 15, 2009, but the Department of Homeland Security has just delayed […]
San Francisco Mayor Gavin Newsom, who unveiled the plan Wednesday at a breakfast event with several hundred local business people, says he wants to get the city’s economy going again and that the city can not rely on the federal government to help.
The proposal is in response to the city’s failing economic condition. It […]
In this increasing paperless world the use of a Pay Card solution for your W-2 employees or 1099 contractors may look pretty good. However, there are some issues you should consider before traveling down this road.
The California Labor Code only specifies three ways to pay your employees
Current California Law specifies three legal methods […]
(Also see IRS Taxpayer Advocate Urges Congress To Simplify Taxes and Revise the IC Rules, posted below on January 20, 2009).
They were honest and unintentional mistakes.
Timothy F Geithner, the new Secretary of Treasury who oversees the IRS, can personally attest to the tax law’s complexity. During his confirmation hearings it was disclosed that Mr. […]
The new I-9 Form and rules governing the types of acceptable identity and employment authorization documents that employees may present to their employers was scheduled to take effect this past Monday. However, the Department of Homeland Security U.S. Citizenship and Immigration Services (USCIS) retracted the mandatory changes late on Friday.
The Obama administration rescinded the […]
Two More Executives Withdraw From Possible Presidential Appointments Because of the Complexities of Tax Compliance
Washington: Tom Daschle withdrew Tuesday, February 3, 2009 as President Barack Obama’s nominee for Health and Human Services Secretary, citing that questions swirling around his tax troubles were too distracting for him to be the best person to help Obama […]
One of the planks in Obama’s platform for President was to install national health coverage for every American. The current economic climate, combined with some stakeholders’ opposition, is likely to slow implementation of a national health program. However, this program is reported to be on the new president’s short list of things to do, […]
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