Category Archives: HRH News

Affordable Care Act Requirements for Employers

January 13, 2016

The Affordable Care Act (ACA) has imposed a requirement that large employers must provide minimum essential health insurance coverage for their employees. Although the act was signed into law several years ago, employers may begin to face penalties for not complying beginning in 2015. Employers with 100 or more full-time equivalent employees (FTEs) must comply […]

Tax Manager – Partner Track Opportunity

January 12, 2016

Looking for a Partner track opportunity? Love helping people and working on a variety of clients? Seeking a flexible workplace that values teamwork, client service and community? Howe, Riley & Howe (with offices in Manchester and Portsmouth, NH) is a well-respected mid-tier CPA firm that is a: Five time NH Best of Business award winner […]

Recent 2015 Tax Law Changes

December 28, 2015

The holiday and tax planning season is passing quickly and as usual we have some last minute changes in tax law.  Congress recently passed legislation needed to extend certain tax incentives available in prior years.  The Protecting Americans from Tax Hikes Act of 2015 (PATH Act), was signed into law by President Obama on December […]

Strict Requirements for Deductible Alimony

October 22, 2015

When couples separate or divorce, one spouse or ex-spouse is often required to make payments to the other. The one making payments can deduct the amounts if they meet the tax-law definition of alimony. (Itemizing deductions on the tax return isn’t required.) The recipient must then report the payments as taxable income. Payments intended as […]

Trade Law Stiffens Penalties for Certain Taxpayers

October 21, 2015

The Trade Preference Extension Act of 2015 (TPE) was signed into law on June 29. The TPE mainly focuses on foreign competition and retraining domestic workers. But if you read the fine print, you’ll see that it also includes important — but little-noticed — changes to the penalty regime for failing to file required information […]

Answers to Questions about Required Minimum Distributions

October 21, 2015

The rules for required minimum distributions (RMDs) can be confusing, frustrating and potentially expensive for retirement savers and their beneficiaries. Taking — or not taking — RMDs can have a substantial impact on your tax liability. Distributions generally are taxable at your ordinary-income rate (not the lower long-term capital gains rate) unless they’re from a […]

NH Tax Changes for Businesses with Leased Employees

August 26, 2015

On July 6, 2015, Governor Maggie Hassan signed into law Senate Bill 211 which could benefit businesses that lease their employees. Old Law: Businesses that lease employees (such as from ADP TotalSource) are not eligible to claim a NH Business Enterprise Tax (BET) credit on the wages paid to those leased employees. New Law: For […]

Identify Theft: What Steps to Take if You Are a Victim

July 30, 2015

  Preparing and filing your tax return can be stressful enough without the added burden of finding out your identity has been stolen.  This was the unfortunate scenario for many individuals in 2015. Identity theft has become a serious problem over the past several years.  There are many forms of identity theft but the most […]

Howe, Riley & Howe Promotes two to Manager

July 1, 2015

On July 1st, HRH promoted Frank D. Saglio, CPA and Jason M. Beiswenger, CPA to managers. Frank and Jason began their accounting careers with HRH in 2009 and 2010 respectively as staff accountants. Frank’s focus within the firm is managing tax and accounting services provided to HRH clients. Jason manages audit and consulting services in […]