INFORMATION FOR BUSINESS
The following Recovery Act provisions effective businesses: added May 1, 2011
> Work Opportunity Tax Credit. This expanded credit added returning veterans and "disconnected youth" to the list of new hires that businesses may claim.
> Net Operating Loss Carryback. Small businesses can offset losses by getting refunds on taxes paid up to five years ago. Find information on carrybacks, an expanded section 179 deduction and other business-related
provisions. The Worker, Homeownership And Business Assistance Act Of 2009 (WHBAA) expanded the five-year NOL carryback to most businesses.
> Making Work Pay Tax Credit. The 2010 withholding rates, contained in Notice 1036, reflected reduced withholding. An optional withholding procedure was available for pension plan administrators.
> COBRA: Health Insurance Continuation Subsidy. The IRS has extensive guidance for employers, including an updated Form 941.
> Work Opportunity Tax Credit. This expanded credit added returning veterans and "disconnected youth" to the list of new hires that businesses may claim.
> Net Operating Loss Carryback. Small businesses can offset losses by getting refunds on taxes paid up to five years ago. Find information on carrybacks, an expanded section 179 deduction and other business-related
provisions. The Worker, Homeownership And Business Assistance Act Of 2009 (WHBAA) expanded the five-year NOL carryback to most businesses.
> Making Work Pay Tax Credit. The 2010 withholding rates, contained in Notice 1036, reflected reduced withholding. An optional withholding procedure was available for pension plan administrators.
> COBRA: Health Insurance Continuation Subsidy. The IRS has extensive guidance for employers, including an updated Form 941.
Self employed small business is my area for concentration.
I have been self employed from 1968.
Being myself self employed I have the knowledge necessary to prepare Schedule C of your tax return and the rest of your individual tax return. A member of the Riverside Tax Consultants Association RTCA since 1986. Continuing education more that 20 credits each year for individual taxes, sole proprietors, partnerships, trusts, fidiciaries and more.
Test Engineering, Information Systems Selection, Budget Development and Audit, Equipment Service Selection, Income Tax Consulting and Preparation, Low Income
Housing, RDA Redevelopment Agency Programs, Self Employed Small Business Consulting, Tax Consulting, Tax Preparation, Form 1040, Schedule C, Sch A,
Tax Credit, NOL, Net Operation Loss, Housing, Form 540, CA
Housing, RDA Redevelopment Agency Programs, Self Employed Small Business Consulting, Tax Consulting, Tax Preparation, Form 1040, Schedule C, Sch A,
Tax Credit, NOL, Net Operation Loss, Housing, Form 540, CA