The world of health care as we knew it no longer exists. It hasn’t existed for several years and the recently passed “health care reform” law, known as the Patient Protection and Affordable Care Act (PPCA), sounded its death knells. It used to be that I can pay a minimal monthly...
Where the Jobs Are. ...
posted by Kim Luu
With 9.6% unemployment, the job market seems to be an unending black hole but there are many bright pockets. Even the Federal Reserve has admitted that government policies will not fix the unemployment situation. I thought I would share my opinion about where the job opportunities...
Tax Reporting To Imp...
posted by Kim Luu
Ready for how the new 1099 rule from the Health Care Reform Law will impact your blog, aside from the extra paperwork costs and the tax ID risks? For those who do not know what the 1099 requirements are, here is a previous discussion. Remember that the people who will write the rules for...
Don’t Depend O...
posted by Kim Luu
Be careful of the rhetoric coming out of Washington about how small business will pull unemployment and the economy out of trouble. The belief of our politicians is that more liberal bank requirements will somehow result in loans trickling down to small business and thereby opening a...
Do You Trust Online ...
posted by Kim Luu
The requirement to issue 1099s stems from the Health Care Reform Law, and it will require your business to supply a Tax ID number to anyone from whom you buy over $600 in goods or services. For a sole proprietorship, the owner’s social security number is the business’ tax ID...