Washington has once again extended the closing deadline to qualify for the $8,000 first-time home buyer tax credit or the $6,500 current home buyer tax credit. The new closing deadline is September 30, 2010. Unfortunately, Congress did not extend the purchase agreement deadline beyond April 30th. This means that only buyers who had entered into…
Category Archives: Taxes
Tax Problems? IRS Dispute?
Having tax problems or a dispute with the IRS? Then you should make the time to attend this upcoming presentation. On Tuesday, February 2nd, Dr. Richard Spead of Spead Tax Group will be speaking about how to handle disputes with the IRS. In light of the IRS’s aggressive campaign against small business owners in the…
NH Retailers Not Required to Enforce Sales or Use Tax Collection for States Outside NH
When the State of Massachusetts attempted to collect sales and use tax from a NH retailer for purchases within NH, the Governor and Legislature acted quickly to put a stop to it. In response to this claim by Mass. against Town Faire Tire, NH enacted SB-5 prohibiting retailers from disclosing private customer information to foreign…
New Laws Affecting NH Business Owners
UPDATE – On Tuesday, November 3rd, I will be giving a condensed version of my presentation about recent legislation affecting NH businesses. So if you missed the original presentation, you have one more chance to learn how these new laws may affect your business. Here are the details: Program: Upcoming Legislation Affecting NH Businesses Date:…
What's in a Name? What it Really Means to be an Independent Contractor.
Many business owners insist on referring to their workers as “independent contractors” as if the name alone will somehow magically save them from having to pay employment taxes, workers compensation premiums and other costs associated with having employees. The true test, however, is in the actions and not in the words. To determine whether a…
THE POWER OF CHOICE: How to Choose the Proper Business Structure
Choosing the right business entity structure may seem like any easy step in setting up a new business, but the wrong choice can be very costly. Each form of business structure has its own advantages and disadvantages, and each has its own rules and requirements. Choosing the right one is an important choice based upon…