by GruffyGoat Team | Mar 8, 2016 | IRS, Taxes
If your income is above a certain threshold, you’ll need to pay the Additional Medicare Tax of 0.9% on income above the threshold amount. The IRS recently reminded taxpayers of what they need to know about this tax. Which income is subject to the tax? The tax applies...
by GruffyGoat Team | Mar 1, 2016 | IRS, Taxes
If you’re thinking about getting more energy-efficient with your home to cut your energy costs long-term, there’s another reason you might want to go ahead and move forward: tax savings. The IRS reminds taxpayers that there are two credits you can take advantage of....
by GruffyGoat Team | Feb 29, 2016 | Small Business
In the past, if you needed to refresh your retail store or restaurant, you faced a complicated task of figuring out which costs needed to be capitalized and which were able to be deducted. A new safe harbor reported by The Tax Adviser is changing that. IRS is allowing...
by GruffyGoat Team | Feb 18, 2016 | Small Business
Traditional once-a-year performance reviews don’t cut it with Millennials, according to new research reported in an article in Business News Daily. The findings show that Millennials are open to feedback and take improvement goals seriously — but waiting an entire...
by GruffyGoat Team | Feb 15, 2016 | IRS, Scams
In 2015, the IRS launched an initiative with the tax industry to put increased safeguards in place to prevent identity theft and protect taxpayers’ data from thieves. You can check out Fact Sheet 2015-23 to see the details of all that the initiative includes. But the...
