Monthly Archives: August 2011

W2 Healthcare Reporting 2011 & 2012

The Patient Protection and Affordable Care Act requires employer provided health care costs to be reported on Form W-2 starting with the 2012 tax year. This will affect employers who filed 250 or more W-2s for the 2011 tax year.

Posted in General, Income Tax, International Taxation, LLC's, Newsletter Topics, Payroll Tax, Sub S Corporations | 93 Comments

What is an Enrolled Agent (EA)?

Background: “Enrolled” means EAs are licensed by the federal government, while “Agent” allows appearance in place of the taxpayer before the Internal Revenue Service (IRS). Only EAs, attorneys and CPAs may represent taxpayers before the IRS. The EA profession started … Continue reading

Posted in General, Income Tax, International Taxation, LLC's, Newsletter Topics, Payroll Tax, Retirement Accounts, Sub S Corporations | 121 Comments