by mariettacp | Oct 30, 2013 | Money Tips
The health care reform law passed in 2010 included a provision that would require employers of 50 or more full-time employees to provide affordable health insurance to their workers or face steep penalties. That provision was scheduled to take effect January 1, 2014....
by mariettacp | Oct 28, 2013 | Money Tips
For federal tax purposes, the determination of “business” or “hobby” is a matter of deduction. If your new venture is considered a business, you can deduct losses against other income. However, when the activity is classified as a hobby, the...
by mariettacp | Oct 25, 2013 | Money Tips
October 1 was the original deadline for employers to provide their workers with a notice about the state health insurance exchanges created by the Affordable Care Act. Failure to comply could have resulted in fines of up to $100 per day. The U.S. Department of Labor...
by mariettacp | Oct 16, 2013 | Money Tips
As schools get back in session, it’s a good time to check the education tax breaks for which you might qualify. First, there’s the “American Opportunity Tax Credit” for a percentage of qualified expenses paid during the first four years of...
by mariettacp | Oct 16, 2013 | Money Tips
All small businesses start with something in common: they devour cash. They need cash for inventory, office space, insurance, legal fees, business licenses, remodeling costs, and the list goes on. Because very few start-ups can secure equity financing from venture...
