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	<title>ABC Taxes, Tips &#38; Tools &#187; penalties</title>
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	<description>Tax &#38; Other Information For Individuals &#38; Small Businesses - Call Us Before the IRS Calls You</description>
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		<title>Ethics, Decision Making, BP and Taxes</title>
		<link>http://artandbusinessconsulting.com/blog/2010/06/ethics-decision-making-bp-and-taxes/</link>
		<comments>http://artandbusinessconsulting.com/blog/2010/06/ethics-decision-making-bp-and-taxes/#comments</comments>
		<pubDate>Thu, 10 Jun 2010 01:52:22 +0000</pubDate>
		<dc:creator>Jake Beckman EA</dc:creator>
				<category><![CDATA[Other Information]]></category>
		<category><![CDATA[BP]]></category>
		<category><![CDATA[British Petroleum]]></category>
		<category><![CDATA[business owner]]></category>
		<category><![CDATA[disaster]]></category>
		<category><![CDATA[employment taxes]]></category>
		<category><![CDATA[ethics]]></category>
		<category><![CDATA[ethics and taxes]]></category>
		<category><![CDATA[ethics in a nutshell]]></category>
		<category><![CDATA[individual taxpayer]]></category>
		<category><![CDATA[making decisions]]></category>
		<category><![CDATA[penalties]]></category>
		<category><![CDATA[taxes]]></category>

		<guid isPermaLink="false">http://artandbusinessconsulting.com/blog/?p=314</guid>
		<description><![CDATA[What is Ethics? Ethics is conventionally defined as a system of moral principles governing the appropriate conduct for a person or group.  But this definition is kind of vague as it doesn’t really address application in real life.  How does one arrive at personal governing principals, and why?  That is the question of ethics in a [...]]]></description>
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		<title>Gear up for expanded 1099 information reporting starting for tax year 2011.</title>
		<link>http://artandbusinessconsulting.com/blog/2010/06/gear-up-for-expanded-1099-information-reporting-starting-for-tax-year-2011/</link>
		<comments>http://artandbusinessconsulting.com/blog/2010/06/gear-up-for-expanded-1099-information-reporting-starting-for-tax-year-2011/#comments</comments>
		<pubDate>Sun, 06 Jun 2010 00:23:24 +0000</pubDate>
		<dc:creator>Jake Beckman EA</dc:creator>
				<category><![CDATA[Other Information]]></category>
		<category><![CDATA[1099-MISC]]></category>
		<category><![CDATA[2011]]></category>
		<category><![CDATA[2012]]></category>
		<category><![CDATA[expanded annual information reporting]]></category>
		<category><![CDATA[non-employee compensation]]></category>
		<category><![CDATA[Patient Protection and Affordable Care Act]]></category>
		<category><![CDATA[penalties]]></category>
		<category><![CDATA[w-9]]></category>

		<guid isPermaLink="false">http://artandbusinessconsulting.com/blog/?p=308</guid>
		<description><![CDATA[4/14/2011 Update: Repealed. On April 14, 2011 President Obama signed the Comprehensive 1099 Taxpayer Protection and Repayment of Exchange Subsidy Overpayments Act of 2011 into law.  It repealed the expanded 1099 information reporting requirements that were included in the Patient Protection and Affordable Care Act. Here is the legislative summary, “Amends the Internal Revenue Code [...]]]></description>
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		<slash:comments>10</slash:comments>
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		<title>Restaurants, Form 8027 &amp; Tips Reporting For Employers &amp; Employees</title>
		<link>http://artandbusinessconsulting.com/blog/2010/05/restaurants-form-8027-tips-reporting-for-employers-employees/</link>
		<comments>http://artandbusinessconsulting.com/blog/2010/05/restaurants-form-8027-tips-reporting-for-employers-employees/#comments</comments>
		<pubDate>Fri, 21 May 2010 23:12:39 +0000</pubDate>
		<dc:creator>Jake Beckman EA</dc:creator>
				<category><![CDATA[Business Taxes]]></category>
		<category><![CDATA[HR Info]]></category>
		<category><![CDATA[Individual Taxes]]></category>
		<category><![CDATA[Other Information]]></category>
		<category><![CDATA[8027 due date]]></category>
		<category><![CDATA[allocated tips]]></category>
		<category><![CDATA[employee tips reporting]]></category>
		<category><![CDATA[employer tips reporting]]></category>
		<category><![CDATA[FICA taxes]]></category>
		<category><![CDATA[Form 4070]]></category>
		<category><![CDATA[Form 8027]]></category>
		<category><![CDATA[Form 8809]]></category>
		<category><![CDATA[information return]]></category>
		<category><![CDATA[IRS audit target]]></category>
		<category><![CDATA[penalties]]></category>
		<category><![CDATA[report 100% of tips]]></category>
		<category><![CDATA[tip income]]></category>
		<category><![CDATA[tips]]></category>
		<category><![CDATA[tips log]]></category>

		<guid isPermaLink="false">http://artandbusinessconsulting.com/blog/?p=293</guid>
		<description><![CDATA[An independent contractor suggested that although the IRS receives about 50,000 Form 8027’s in a given year it should be receiving around 3 times that amount.  As a result, the IRS will focus exams on firms that failed to file form 8027. What is Form 8027? It’s the Employer’s Annual Information Return of Tip Income [...]]]></description>
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		<slash:comments>2</slash:comments>
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		<title>Correcting Employment Tax Errors Without Penalty or Interest</title>
		<link>http://artandbusinessconsulting.com/blog/2010/02/correcting-employment-tax-errors-without-penalty-or-interest/</link>
		<comments>http://artandbusinessconsulting.com/blog/2010/02/correcting-employment-tax-errors-without-penalty-or-interest/#comments</comments>
		<pubDate>Sun, 14 Feb 2010 16:13:16 +0000</pubDate>
		<dc:creator>Jake Beckman EA</dc:creator>
				<category><![CDATA[Business Taxes]]></category>
		<category><![CDATA[HR Info]]></category>
		<category><![CDATA[941-x]]></category>
		<category><![CDATA[amended]]></category>
		<category><![CDATA[due date]]></category>
		<category><![CDATA[employment tax return]]></category>
		<category><![CDATA[interest]]></category>
		<category><![CDATA[penalties]]></category>

		<guid isPermaLink="false">http://artandbusinessconsulting.com/blog/?p=164</guid>
		<description><![CDATA[Employment tax forms are corrected by filing a 941-X.  The due date of the amended tax return is the same as the due date of the quarter in which the error was discovered. e.g.  L-corporation discovers in February that it under-reported and under-paid employment taxes for the 4th quarter of the preceding year.  Since the [...]]]></description>
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		<slash:comments>0</slash:comments>
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