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Form 1099-MISC reporting nonemployee compensation in box 7 is now due to the IRS by no later than January 31, 2017 whether you file by paper or electronically. Forms W2 and W3 are due to the Social Security Administration by the same date. Although there are technically 30 day extensions...

Congress has once again extended the “extenders,” a varied assortment of more than 50 individual and business tax deductions, tax credits and other tax-saving laws which have been on the books for years but, technically, are temporary because they have a specific end date. This package of tax breaks has repeatedly...

In previous articles featured on Copeland Buhl & Company PLLP’s website, we have discussed Microsoft Dynamics GP, and enterprise resource planning (ERP) software that allows companies to integrate their financial reporting and accounting software with all their other systems. One feature of Microsoft Dynamics GP is the Purchase Order (PO) Generator,...

Imagine a scenario in which an employee comes to you with a question about his participation in the company 401(k) plan: He thought he was contributing 5% of his salary to the plan, and had been for the last six months, but his paycheck doesn’t show any deductions. Did the...