by Leif Jensen | Mar 27, 2011 | General |
The National Labor Relations Board has commented that what workers posts on Facebook are a protected activity. So boss bashing on Facebook cannot be disciplined any more than workers sharing complaints with one another within the office.
by Leif Jensen | Mar 27, 2011 | General |
Leasing a business vehicle is much cheaper in 2011. The amount taxed is about 50% less than in 2010. If the vehicle has a worth of more than $18,500 when first leased for business during 2011, the lessee must pay income tax each year on an amount spelled out in IRS...
by Leif Jensen | Mar 27, 2011 | General |
The tax court has audited and disallowed reimbursed business expenses on Schedule A. It was determined that the individual who claimed the business expenses for parking and travel on her Schedule A; but these expenses were reimbursable by her employer, she never...
by Leif Jensen | Mar 27, 2011 | General |
Illinois is offering an amnesty for Use Tax based upon purchases that were not subject to sales tax. This is for years 2004 – 2009. 2010 is payable on the FY2010 IL1040. The details below are from the Illinois Department of Revenue website. If you need any...
by Leif Jensen | Mar 27, 2011 | General |
Depreciation rates for autos put in use in 2011 does not change from 2010: The first year cap is $11,060 for new cars and $3,060 for used cars. The second and third year limits are $4,800 and $2,850, respectively. The ceiling in all subsequent years is...
by Leif Jensen | Mar 19, 2011 | General |
Below is a posting from the IRS website, regarding the 2010 Data book. This is a summary of the IRS activities for their past fiscal year. It is interesting what they are claiming as a success, such as the amount of electronic filings. This has been a mandate in...
