November 16, 2016
Giving back intersects all aspects of Manchester and Portsmouth accounting firm Manchester, New Hampshire – In 2015-2016, employees from Howe, Riley & Howe donated more than 750 hours and $4,500 to local nonprofits and charitable organizations throughout the Granite State as part of the voluntary giving back program. With Thanksgiving approaching and the holiday season […]
November 1, 2016
In a news release, IRS has reminded employers and small businesses of the new January 31 filing deadline for Forms W-2 and Form 1099-MISC reporting non-employee compensation (Box 7). This change was included in The Protection Americans from Tax Hikes (PATH) Act enacted late last year. This provision will allow the IRS to match […]
October 31, 2016
On June 27, 2012, New Hampshire’s legislature enacted the Education Tax Credit Program (ETC Program). The ETC Program was challenged in New Hampshire’s judicial system and on August 28, 2014 the State Supreme Court allowed the ETC Program to remain in place. What is it: The ETC Program allows business owners operating in New Hampshire […]
October 31, 2016
Payroll record retention has been made more complicated by the rules of the Affordable Care Act (ACA). Employers must file several informational forms with the IRS, which administers the health insurance coverage required by the law. This article explains current record retention requirements both under the ACA and other laws.
October 17, 2016
Have you signed up for transportation fringe benefits or contributed to a salary reduction arrangement to cover the costs of your daily commute? If your employer provides these fringe benefits for parking, mass transit passes, van pooling and bicycle costs, taking advantage of them could save you significant tax dollars. Here are the details.
October 12, 2016
Child Health Services is the pediatric practice of Manchester Community Health Center, dedicated to improving the health and well-being of at-risk children. For the past three years, HRH employees have purchased backpacks and school supplies to donate to CHS to give to Manchester-area students in need. This year, we purchased 23 backpacks, filled them with […]
October 10, 2016
Can a retailer qualify for the Section 199 deduction for marketing materials created and printed in the United States that advertise products manufactured abroad? IRS Chief Counsel Advice determined that the deduction isn’t available for print materials that advertise only the company’s own foreign-made brands. Here are the details of the case.