Employers' Responsibilities Under the Affordable Care Act

If you are an employer, the number of employees in your business will affect what you need to know about the Affordable Care Act (ACA).

Employers with 50 or more full-time and full-time equivalent employees are generally considered to be "applicable large employers" (ALEs) under the employer shared responsibility provisions of the ACA. Applicable large employers are subject to the employer shared responsibility provisions.

Read more ...

Dunlap & Associates Successfully Completes Peer Review

Dunlap & Associates has successfully completed an independent peer review of our accounting and auditing practice. The reviewers concluded that the firm complies with the stringent quality control standards set by the American Institute of Certified Public Accountants (AICPA).

Read more ...

Final Employer Mandate Regulations Provide Rules and 2015 Transition Relief

The U.S. Department of the Treasury and the IRS have issued final regulations implementing the employer responsibility provisions under the Patient Protection and Affordable Care Act (PPACA). The rules make a number of changes in response to input on the proposed regulations issued in December 2012 and delay the employer shared responsibility requirements for a second time.

Read more ...

IRS Tax Tip: Five Easy Ways to Spot a Scam Phone Call

From the IRS:  The IRS has issued a consumer alert providing taxpayers with tips to protect themselves from telephone scam artists calling and pretending to be with the IRS. These callers may demand money or may say you have a refund due and try to trick you into sharing private information. These con artists can sound convincing when they call. They may know a lot about you, and they usually alter the caller ID to make it look like the IRS is calling. They use fake names and bogus IRS identification badge numbers. If you don't answer, they often leave an "urgent" callback request.

Read more ...

2015 Mileage Rates

Effective January 1, 2015, the Standard Mileage Rates are revised as follows:

  • Business Rate = 57.5 cents per mile (up from 56 cents)
  • Medical and Moving Rate = 23 cents per mile (down from 23.5 cents)
  • The Charitable Rate remains unchanged at 14 cents

IRS Online Payment System Now Available for 1040s

The Internal Revenue Service (IRS) announced the successful start of its new web-based system - IRS Direct Pay - on IRS.gov, which lets taxpayers pay their tax bills or make estimated payments directly from checking or savings accounts without any fees or pre-registration.

Read more ...