Archive for the ‘Other Information’ Category

Employer-sponsored health coverage reporting-Interim IRS Guidance

Tuesday, May 10th, 2011

The Inter­nal Rev­enue Ser­vice has delayed manda­tory report­ing of employer-sponsored health cov­er­age infor­ma­tion on employee Forms W-2 for smaller busi­nesses. Prior guid­ance indi­cated that report­ing would have been optional for all employ­ers on 2011 Forms W-2. Interim guid­ance states: (more…)

Get socked with a big tax penalty in one easy lesson

Monday, January 31st, 2011

You wanna get socked with a tax penalty in addi­tion to pay­ing extra taxes?  Its easy.  Just don’t keep any records.  As a recent tax court case reveals you not only could get your deduc­tions denied, but also have the fraud penalty imposed.  (more…)

February 14, 2011 — IRS Accepting 1040 Schedule A e-file

Thursday, January 20th, 2011

In the last blog, we men­tioned that for many tax fil­ers, the IRS was delay­ing e-file accep­tance; it will not process cer­tain kinds of tax returns until their sys­tem has been mod­i­fied to incor­po­rated tax law changes passed very near the end of 2010.  The IRS has announced it will be accept­ing & begin pro­cess­ing tax returns which have a Sched­ule A, tuition & fees deduc­tion or edu­ca­tor expenses deduc­tion on Feb­ru­ary 14, 2011. 

You maybe ask­ing, “So what about these com­pa­nies say­ing they can get me my refund now?” First if you do not fit into one of the affected cat­e­gories, you can e-file now.  How­ever, if you do com­plete Form 1040 Sched­ule A obvi­ously there is no way any­one can e-file your tax return until the IRS accepts it.  What many of these ser­vices are offer­ing is some­thing called a refund antic­i­pa­tion loan (RAL)-the key word here is loan. In gen­eral these ser­vices charge a pretty hefty fee for you to get access to your refund imme­di­ately. Sec­ondly, you will owe the money for the loan if the IRS retains your refund for some rea­son. What are the rea­sons the IRS could keep your refund? If you owe back child sup­port, if you owe money on a gov­ern­ment stu­dent loan, if you owe money to a state or fed­eral agency for back taxes - these are just a cou­ple of rea­sons why your refund might not be paid out. 

In gen­eral, efil­ing is the fastest way to receive your tax refund, so if you can wait a while to receive your refund, it is prob­a­bly best to just wait until Feb­ru­ary 14, 2011 to file your taxes if you are pre­vented from doing so now.  It can save you some money. ABC does not offer RAL ser­vices, nor do we endorse the practice.

As always, small busi­ness ser­vices and tax­a­tion are our busi­ness.  If you need help Please give Art & Busi­ness Con­sult­ing a call.  We would love to engage you as a client. 

The usual dis­claimers: Although ABC has made every effort to insure the accu­racy of Taxes, Tips and Tools, mis­in­for­ma­tion, dis­in­for­ma­tion, changes, mis­takes, typos and hack­ers hap­pen, there­fore Art & Busi­ness Con­sult­ing LLC takes no respon­si­bil­ity for any action taken or results based on the infor­ma­tion sup­plied here in. The con­tent of this blog gen­er­ally applies to busi­ness and indi­vid­ual tax­a­tion in the United States of Amer­ica.  Inter­nal Rev­enue Ser­vice Cir­cu­lar 230 Dis­clo­sure:  As pro­vided for in Trea­sury reg­u­la­tions, advice (if any) relat­ing to fed­eral taxes that is con­tained in this com­mu­ni­ca­tion (includ­ing attach­ments) is not intended or writ­ten to be used, and can­not be used for the pur­pose of (1) avoid­ing penal­ties under the Inter­nal Rev­enue Code or (2) pro­mot­ing, mar­ket­ing or rec­om­mend­ing to another party any plan or arrange­ment address herein.  Art & Busi­ness Con­sult­ing LLC cur­rently does not have a cer­ti­fied pub­lic accoun­tant, human resource spe­cial­ist, cer­ti­fied finan­cial plan­ner or an attor­ney on staff; this infor­ma­tion is purely for edu­ca­tional pur­poses and not to be con­strued as legal or finan­cial advice. Art & Busi­ness Con­sult­ing LLC and its employ­ees, mem­bers and asso­ciates are not engage to prac­tice law; you always should dis­cuss legal mat­ters with your attor­ney before talk­ing to anyone else.

Users deleted, please recreate user IDs

Tuesday, January 4th, 2011

Most of the users of this blog have been deleted.  The *vast* major­ity of posted replies were from bots sell­ing things rang­ing from “Gucci” bags, stock tips, and porn, to who knows what as they were in Cyril­lic or Chi­nese. In gen­eral these com­ments did not offer con­tent in response to the posts they replied to.  We were receiv­ing hun­dreds of these spam “com­ments” and were not even review­ing them any­more, just delet­ing them all.  We decided to start over and try to pre­vent robots from sign­ing  on in the first place.

If you were a real human being who pre­vi­ously sub­scribed, we apol­o­gize for any incon­ve­nience this may have caused.  We now have a captcha in place to hope­fully elim­i­nate or at least reduce the bot spam prob­lem.  Thank­ing you in advance for your understanding. 

As always, small busi­ness ser­vices and tax­a­tion are our busi­ness.  If you need help Please give Art & Busi­ness Con­sult­ing a call.  We would love to engage you as a client. 

The usual dis­claimers: Although ABC has made every effort to insure the accu­racy of Taxes, Tips and Tools, mis­in­for­ma­tion, dis­in­for­ma­tion, changes, mis­takes, typos and hack­ers hap­pen, there­fore Art & Busi­ness Con­sult­ing LLC takes no respon­si­bil­ity for any action taken or results based on the infor­ma­tion sup­plied here in. The con­tent of this blog gen­er­ally applies to busi­ness and indi­vid­ual tax­a­tion in the United States of Amer­ica.  Inter­nal Rev­enue Ser­vice Cir­cu­lar 230 Dis­clo­sure:  As pro­vided for in Trea­sury reg­u­la­tions, advice (if any) relat­ing to fed­eral taxes that is con­tained in this com­mu­ni­ca­tion (includ­ing attach­ments) is not intended or writ­ten to be used, and can­not be used for the pur­pose of (1) avoid­ing penal­ties under the Inter­nal Rev­enue Code or (2) pro­mot­ing, mar­ket­ing or rec­om­mend­ing to another party any plan or arrange­ment address herein.  Art & Busi­ness Con­sult­ing LLC cur­rently does not have a cer­ti­fied pub­lic accoun­tant, human resource spe­cial­ist, cer­ti­fied finan­cial plan­ner or an attor­ney on staff; this infor­ma­tion is purely for edu­ca­tional pur­poses and not to be con­strued as legal or finan­cial advice. Art & Busi­ness Con­sult­ing LLC and its employ­ees, mem­bers and asso­ciates are not engage to prac­tice law; you always should dis­cuss legal mat­ters with your attor­ney before talk­ing to anyone else.

Time-off For Voting — Rules For All 50 States

Friday, October 29th, 2010

This arti­cle comes from Source TheHRSpecialist.com and was dated 10/26/2010.  Nor­mally this list is part of their pre­mium con­tent, but they “unlocked” it for a short period of time.  Art & Busi­ness Con­sult­ing LLC  (we, our) is not affil­i­ated with TheHRSpecialist.com (they, them, their) nor are we specif­i­cally endors­ing TheHRSpecialist.com, but we are cred­it­ing them as the source of this timely infor­ma­tion.  We have left their pro­mo­tional blurb intact — if you fol­low their links with in their arti­cle you will be taken to sites out­side of ArtandBusinessConsulting.com and you will be sub­ject to their poli­cies not ours; we do not have any idea what those poli­cies might be.  Fur­ther­more any agree­ments entered into by fol­low­ing their links are between you and TheHRSpecialist.com and their affil­i­ates — those agree­ments are NOT with Art & Busi­ness Con­sult­ing LLC or our affiliates.


“State-by-State Guide to Vot­ing Leave Laws 10/26/2010

(Editor’s note: This arti­cle has been unlocked until Nov. 4, 2010. For a free 30-day trial to our online HR Spe­cial­ist Pre­mium Plus ser­vice, click here.)

When polls open nation­wide next Tues­day for the 2010 mid-term elec­tions, chances are, some of your employ­ees will want to take part of the day off to cast their bal­lots. Must you let them?

No fed­eral law requires employ­ers to grant leave for the pur­pose of vot­ing. How­ever, most states have laws that do.
Many specif­i­cally address sit­u­a­tions in which an employee’s work hours do not per­mit suf­fi­cient time to vote dur­ing the hours polls are open.

See below for a full state-by-state run­down of vot­ing leave laws. Remem­ber that flex­i­bil­ity can be the key when it comes to encour­ag­ing employ­ees to vote. While your state law may not man­date paid time off, there’s noth­ing that pro­hibits you from imple­ment­ing a vot­ing pol­icy that offers your employ­ees greater flex­i­bil­ity or priv­i­leges than what the law requires.

What do most state vot­ing laws require? In many states, the fol­low­ing rules gen­er­ally apply:

  • If polls are open two or three hours before or after employ­ees’ nor­mal work hours, the employer is not oblig­ated to pro­vide time off to vote.
  • Employ­ers may require that employ­ees pro­vide writ­ten requests for time off to vote.
  • Employ­ers may des­ig­nate when time off will be per­mit­ted for employ­ees to vote.
  • Employ­ers may not include lunch peri­ods as part of the vot­ing time off permitted.
  • Employ­ees may be required to pro­vide proof they voted to receive paid leave.
  • Employ­ees may not be dis­ci­plined or retal­i­ated against for tak­ing time off to vote.

State Vot­ing Leave Requirements

Alabama-§ 17–1-5-Employees can have up to one hour if they give their employer rea­son­able notice; employer may des­ig­nate the time when employee can leave to vote; if the employee’s shift starts two hours after the polls open or ends one hour before the polls close, the employer does not have to give leave.

Alaska-§ 15.56.100-Employer must give paid time unless the employee has two con­sec­u­tive hours before or after work to vote; no notice is required.

Ari­zona-§ 16–402-Employer must give paid time unless the employee has three con­sec­u­tive hours before or after work to vote; employee must give one-day notice; employer can choose when employee leaves to vote.

Arkansas-§ 7–1-102-Employer should arrange employee’s work sched­ule so employee has time to vote.

Cal­i­for­nia–Elec­tion Code § 14000–14003-Employer must allow time unless employee has two hours before or after shift to vote; employee must give two work­ing days’ notice.

Col­orado-§1–13-719-Employer must give up to two paid hours to vote if the employee does not have three con­sec­u­tive hours to vote. Connecticut-No law requir­ing employee time off to vote.

Delaware–15 Del. Code § 4709-If the employee has vaca­tion time and the employer is not in crit­i­cal need of the employee, the employer shall not deprive the employee of the time off.

Dis­trict of Colum­bia-No law requir­ing employee time off to vote.

Florida-§ 104.081-Employer can­not fire an employee for vot­ing; oth­er­wise, no law requir­ing time off.
Georgia-§ 21–2-404-Employees can take up to two hours’ paid leave; employer can decide when employee can leave to vote.

Hawaii-§ 11–95-Employees can have up to two paid hours, unless the employee has two con­sec­u­tive hours to vote out­side work hours; employee must show proof to be paid. Idaho-No law requir­ing employee time off to vote.

Illi­nois–10 I.L.C.S. § 5/17–15-Employees can have up to two hours’ unpaid leave; employ­ees must give one-day notice; employer can decide when employee may leave to vote.

Indi­ana-No law requir­ing employee time off to vote.

Iowa-§49.109-Employee may have paid leave, unless employee has three con­sec­u­tive hours to vote out­side work; employee must give writ­ten notice; employer can des­ig­nate time employee can leave to vote.

Kansas-§ 25–418-Employee can have up to two hours’ paid leave, unless the employee has two con­sec­u­tive hours to vote out­side work hours; employer may choose the time employee may leave to vote.

Ken­tucky-§ 118.035-Employee may have a “rea­son­able time” up to four hours unpaid to vote; employee must give one-day notice; employer may des­ig­nate when employee may take leave to vote; employer may pun­ish employee who takes leave but does not vote.

Louisiana-§ 23:961–No law requir­ing employee time off to vote. An employer with more than
20 employ­ees can­not for­bid their par­tic­i­pa­tion in politics.

Maine-No law requir­ing employee time off to vote.

Mary­land–3 § 10–315-Employee may have two hours’ paid leave; employee must pro­vide proof he or she voted to receive pay for time.

Mass­a­chu­setts–Gen. Laws ch. 149 § 178-Employees in man­u­fac­tur­ing, mechan­i­cal or mer­can­tile jobs may apply for leave in the first two hours polls are open.

Michi­gan-No law requir­ing employee time off to vote.

Min­nesota204C.04-Employee may have paid time off to vote in the morning.

Mis­sis­sippi- No law requir­ing employee time off to vote.

Mis­souri-§ 115.639-Employees may have up to three paid hours to vote, unless the employee has three con­sec­u­tive hours out­side work to vote; the employee must vote to be paid for time; employer can des­ig­nate the time employee may leave to vote.

Mon­tana-No law requir­ing employee time off to vote.

Nebraska-§ 32–922-Employee may have two paid hours, unless employee has two con­sec­u­tive hours out­side of work to vote; employee must give notice; employer may des­ig­nate when employee may leave to vote.

Nevada-§ 293.463-Employee may take paid leave to vote if it is not prac­ti­cal to vote before or after work; employee must give notice; if the employee lives less than two miles from the polling place, the employee may have one hour; if the employee lives between two and 10 miles from the polling place, he or she may have two hours; if the employee lives more than 10 miles from the polling place, he or she may have three hours.

New Hamp­shire-No law requir­ing employee time off to vote.

New Jer­sey-No law requir­ing employee time off to vote.

New Mex­ico-§ 1–12-42-Employee may have up to two hours, unless shift begins more than two hours after polls open or ends more than three hours before polls close.

New York–N.Y. Elec. Law § 3–110-If employee does not have suf­fi­cient time to vote, he or she may take up to two paid hours, unless he or she has four con­sec­u­tive non-work hours prior to or after shift when polls are open; employee must give notice of at least two days, but not more than 10 days, before the elec­tion; employ­ers must post notice of these pro­vi­sions not less than 10 work­ing days before the election.

North Car­olina-No law requir­ing employee time off to vote.

North Dakota–N.D. Cent. Code § 16.1–1-02.1-Encourages employ­ers to allow employ­ees time off to vote if reg­u­larly sched­uled to work while polls are open.

Ohio-§ 3599.06-Employee allowed “rea­son­able amount of time” to vote.

Okla­homa–title 26 § 7–101-Employee may have up to two hours, or more if employee lives far away from polling place, unless employee’s shift starts more than three hours after polls open or ends more than three hours before polls close; employee must give one-day notice; employer may des­ig­nate time employee may leave to vote.

Ore­gon-No law requir­ing employee time off to vote.

Penn­syl­va­nia-No law requir­ing employee time off to vote.

Rhode Island-No law requir­ing employee time off to vote.

South Car­olina–No law requir­ing employee time off to vote. South Dakota-§ 12–3-5-Employee may take up to two paid hours, unless employee has two con­sec­u­tive non-working hours; employer may des­ig­nate when employee leaves to vote.

Ten­nessee-§ 2–1-106-Employee is allowed a rea­son­able time up to three hours, unless shift starts three hours after the polls open or shift ends three hours before polls close; notice must be given by 12 p.m. the day prior to the election.

Texas-§ 276.004-Employer may not refuse to allow employee time to vote, although no time limit is spec­i­fied, unless employee has two con­sec­u­tive hours of non-work time while polls are open.

Utah20A-3–103-Employee may take up to two hours at the begin­ning or end of his or her shift, unless employee has three con­sec­u­tive non-work hours; employee must give notice; employer can decide when time taken to vote.

Ver­mont-No law requir­ing employee time off to vote.

Vir­ginia-No law requir­ing employee time off to vote. § 24.2–118.1-Employers may not fire or charge sick or vaca­tion leave for employ­ees who serve as elec­tion offi­cers, pro­vided the employ­ees gave rea­son­able notice.

Wash­ing­ton-§ 49.28.120-Employer must arrange employee’s sched­ule to allow suf­fi­cient time to vote, unless employee has two con­sec­u­tive non-work hours while polls are open.

West Vir­ginia-§ 3–1-42-Employee may have up to three paid hours to vote, unless employee has three con­sec­u­tive non-work hours while polls are open; leave is paid only if employee votes; employee must give three days’ notice. If the employee works in essen­tial gov­ern­ment, health, hos­pi­tal, trans­porta­tion, com­mu­ni­ca­tion ser­vices, or is in an indus­try requir­ing con­tin­u­ous oper­a­tions, the employer may spec­ify the time off for an employee to vote.

Wis­con­sin-§ 6.76-Employee may have up to three unpaid hours; employee must give notice; employer may des­ig­nate when employee may take leave. Wyoming-§ 22–2-111-Employee may have one-hour paid leave, unless employee has three con­sec­u­tive non-work hours while polls are open; leave is paid only if employee votes.”


As always, small busi­ness ser­vices and tax­a­tion are our busi­ness.  If you need help Please give Art & Busi­ness Con­sult­ing a call.  We would love to engage you as a client. 

The usual dis­claimers: Although ABC has made every effort to insure the accu­racy of Taxes, Tips and Tools, mis­in­for­ma­tion, dis­in­for­ma­tion, changes, mis­takes, typos and hack­ers hap­pen, there­fore Art & Busi­ness Con­sult­ing LLC takes no respon­si­bil­ity for any action taken or results based on the infor­ma­tion sup­plied here in. The con­tent of this blog gen­er­ally applies to busi­ness and indi­vid­ual tax­a­tion in the United States of Amer­ica.  Inter­nal Rev­enue Ser­vice Cir­cu­lar 230 Dis­clo­sure:  As pro­vided for in Trea­sury reg­u­la­tions, advice (if any) relat­ing to fed­eral taxes that is con­tained in this com­mu­ni­ca­tion (includ­ing attach­ments) is not intended or writ­ten to be used, and can­not be used for the pur­pose of (1) avoid­ing penal­ties under the Inter­nal Rev­enue Code or (2) pro­mot­ing, mar­ket­ing or rec­om­mend­ing to another party any plan or arrange­ment address herein.  Art & Busi­ness Con­sult­ing LLC cur­rently does not have a cer­ti­fied pub­lic accoun­tant, human resource spe­cial­ist, cer­ti­fied finan­cial plan­ner or an attor­ney on staff; this infor­ma­tion is purely for edu­ca­tional pur­poses and not to be con­strued as legal or finan­cial advice. Art & Busi­ness Con­sult­ing LLC and its employ­ees, mem­bers and asso­ciates are not engage to prac­tice law; you always should dis­cuss legal mat­ters with your attor­ney before talk­ing to any­one else.