Business Tax
Requirement to Notify IRS of Changes to Responsible Party
Beginning January 1, 2014, any entity with an EIN (Employer Identification Number) must file Form 8822-B to report the latest change to its responsible party....
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Business Tax
Business Tax
Business Tax
2013 Year End Tax Planning Guide & Reminder
AAF is pleased to provide you with detailed tax planning guides that we know you will find helpful in navigating the numerous tax updates taking...
Business Tax
2013 Year End Tax Planning Guide & Reminder
AAF is pleased to provide you with detailed tax planning guides that we know you will find helpful in navigating the numerous tax updates taking...
Business Tax
IRS Modifies Use-It-Or-Lose-It Rule For Employee Medical Flexible Spending Accounts
On Thursday, October 31, 2013, the Internal Revenue Service issued Notice 2013-71, relaxing the longstanding “use-it-or-lose-it” rule for employee medical flexible spending accounts (“FSAs”). In...
Business Tax
Massachusetts DOR Suspends Computer Service Sales Tax Collection for 30 Days
The Massachusetts Department of Revenue has suspended collection and reporting of the sales tax on computer services for thirty days, pending final enactment and signature...
Business Tax
Breaking News: IRS releases ruling in regard to DOMA
The IRS today issued Revenue Ruling 2013-17 in response to the US Supreme Court's ruling invalidating the Defense Of Marriage Act. The ruling's key provision...
Business Tax
New Excise Tax on Medical Reimbursement Plans due July 31, 2013
As part of the new Affordable Care Act, employers who provide a self-insured health plan (commonly referred to as medical reimbursement plans or health reimbursement...
Business Tax
Key questions about the health care act’s employer coverage penalties
The deadline is looming. In roughly six months, employers will be subject to the “play or pay” provisions of the Patient Protection and Affordable Care...
Business Tax
Department of Revenue Requirement to "Certify Your Tax Status"
Many companies located in Massachusetts have received an email this week from the Department of Revenue ("DOR") informing them of a requirement to "certify their...
