Sparkmon & Associates team places first in Phoenix Pass golf tournament
Our Sparkmon & Associates, CPAs, team came in first place at the Phoenix Pass charity golf tournament held May 8 at Cherokee Run Golf Club in Conyers, Ga. There were 92 players and the organization that provides supportive housing for homeless women with children raised more than $20,000 from the event. The Sparkmon foursome included […]
Final responsibility for payroll taxes lies with employer
Many of our clients contract with a payroll service provider to take care of payroll tax filing responsibilities. It is important to remember, though, that the ultimate responsibility for withholding income tax and both the employer and employee portions of Social Security and Medicare taxes lies with the business owner. While most payroll service providers […]
Drive and save with a tax deduction
How much of your day is spent driving from place to place for business? If you use your automobile more than half of the time for business purposes, you may be able to take a tax savings. Determining whether or not the use of one’s automobile qualifies for a tax deduction – and by how […]
Small businesses are a rich target for scams
Some of these scams have been around for a long time, but bear repeating. Here, courtesy of AARP, are some of the most common ploys targeting small- and medium-sized businesses: Phishing emails: Schemers will take names and titles of executives from LinkedIn or corporate websites to spoof internal messages where they pose as the CEO […]
Fun and games: After-Tax Season Celebration
Sparkmon & Associates celebrated the end of tax season this year with some fun and games at Game X in Atlanta.
Is that really the IRS knocking at your door?
Scams continue to swirl around con artists posing as IRS agents or other authority figures contacting taxpayers by phone or email and demanding money. But what if someone shows up at your door? Under a new program, the IRS will begin in April using private collection of certain overdue federal tax payments. This opens a […]
ACA: While questions swirl, it remains the ‘law of the land’
It appeared as though earlier this year that the Affordable Care Act would be repealed, relieving employers of many regulatory obligations. However, when Congress failed in March to act on the American Health Care Act, it left the Affordable Care Act – or Obamacare – in place, along with its regulatory provisions. As stated by […]
Microsoft’s Vista has reached the end
Microsoft’s Vista operating system has reached the end of its life. Microsoft has an End of Life period for each of its operating systems. Once a system reaches its EOL, Microsoft stops maintaining the software. April 11, 2017, was the EOL date for Vista. While Vista will continue to work as normal, users will no […]
Deadline for providing written notice of HRAs temporarily lifted
Employers offering Health Reimbursement Arrangements to their employees currently do not have to give employees written notice 90 days before the beginning of the year when the HRA will be provided. The IRS recently suspended the small employer deadline to provide HRA notice to their employees until further notice. Providing qualified small employers – those […]
Proper documentation protects you and your employees
With a renewed focus on immigration enforcement by the federal government, now is a good time for employers to make sure all employee records and hiring practices comply with the law. A recent article in Nation’s Restaurant News examining the impact the current political environment could have on immigration and restaurant operators quoted Dani Bennett, a […]