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The Patient Protection and Affordable Care Act, and the Health Care and Education Reconciliation Act of 2010 complete a massive overhaul of the U.S. health care system affecting taxpayers, many employers, and the health care industry.
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Payne, Nickles & Company, CPAs, through The Fund for Huron County (an affiliate of The Community Foundation of Lorain County), is proud to announce it is again offering up to two (2) $1,500 scholarships for the 2010-2011 academic year. The scholarship is open to ...
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The American Recovery and Reinvestment Act provided funding to create jobs and stimulate the economy by supporting investments in energy-related programs.
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The state of Ohio has changed its rules on where a taxable sale occurs and thus how much sales tax needs to be collected.
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While the recent tax law change that allows for a deferral of tax on traditional IRA to Roth IRA conversions in 2010 will benefit many taxpayers, there are some additional factors that need to be considered before deciding if a conversion is right for you.
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The 2010 Health Care Act has created a new 10% federal excise tax on indoor tanning services provided on or after July 1, 2010.
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A new law enacted last November makes it easier for most businesses to get immediate tax savings from net operating losses, NOLs. It does so by allowing certain NOLs to be carried back to earlier, more profitable years. In these tough economic times, that's good news for businesses who have suffered losses recently after better years when high taxes were paid.
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Do you know how the death of a partner affects the partnership or the remaining partner(s)? Partnerships have some opportunities to make tax elections at the death of a partner that can be very advantageous to the beneficiaries of the decedent’s partnership interest.
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The 2010 HIRE Act has provisions that affect this and next year. The provisions that are in effect for 2010 and 2011 can be found here.
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The U.S. Department of Labor is now requiring that all pension and welfare plans and Direct Filing Entities (DFEs) submit their annual return/report (Form 5500, etc.) electronically for plan years beginning January 1, 2009 through the new EFAST2 system. Paper filed returns will no longer be accepted as timely filed.
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