mjmadmin

rss feed

mjmadmin's Latest Posts

What’s New In Taxes For Your 2013 Return?

What’s New In Taxes For Your 2013 Return?

| December 20, 2013 | 0 Comments

What’s New Our tax experts at M J Mortensen Assoc have listed some of the important tax changes that took effect in 2013. For the latest information about the tax law topics covered in this article please call Janie Mortensen or John McKusker at (703) 641-8302 or email [email protected] or [email protected] Additional Medicare Tax. Beginning in […]

Continue Reading

Questions and Answers for the Additional Medicare Tax

Questions and Answers for the Additional Medicare Tax

| November 20, 2013 | 0 Comments

The following questions and answers provide employers and payroll service providers information that will help them as they prepare to implement the Additional Medicare Tax which goes into effect in 2013. The Additional Medicare Tax applies to individuals’ wages, other compensation, and self-employment income over certain thresholds; employers are responsible for withholding the tax on […]

Continue Reading

First Obamacare Deadline Was Oct. 1: Are You Prepared?

First Obamacare Deadline Was Oct. 1: Are You Prepared?

| October 7, 2013 | 0 Comments

Obamacare began to take full effect Oct. 1, when the law’s health insurance exchanges opened. Most small businesses—those with 50 or fewer full-time employees—are not required to offer health insurance coverage under the Affordable Care Act, and larger businesses with more than 50 full-time employees have been given some reprieve with the one-year delay of […]

Continue Reading

Top 5 Regulatory Issues by Paychex!

Top 5 Regulatory Issues by Paychex!

| September 30, 2013 | 0 Comments

oniHealth care reform continues to be a major issue on the minds of businesses large and small. In addition to other hot topics such as immigration reform and the marriage definition, it’s clear the months leading up to the end of the year could prove to be an extremely consequential time for issues affecting the […]

Continue Reading

How to Set an Advertising Budget

How to Set an Advertising Budget

| September 30, 2013 | 0 Comments

How much should you spend on advertising your business? The price to promote your company can escalate quickly — newspaper ads, banners, radio spots, direct mail, online marketing, telemarketing. It all adds up. Here are the top four methods for setting an advertising budget used by the most successful independent businesses: 1. Fixed percentage of sales. […]

Continue Reading

SEPTEMBER REPORT:Small Business Optimism Flat, Down 0.1 Points

SEPTEMBER REPORT:Small Business Optimism Flat, Down 0.1 Points

| September 30, 2013 | 0 Comments

Small business optimism remained flat in August, dropping 0.1 points from July for a final reading of 94.0. While the total reading showed essentially no change over the month prior, a look at the individual indicators reveals incongruent details. Job creation plans leapt to a level not seen since before the recession and sales expectations […]

Continue Reading

File and Pay Virginia Withholding Tax Electronically

File and Pay Virginia Withholding Tax Electronically

| September 11, 2013 | 0 Comments

Employers who file and pay withholding in Virginia are now required to do so electronically.  This short video shows you three free and secure options — eForms, Business iFile and Web Upload — for filing via the Department of Taxation’s website, www.tax.virginia.gov.  Check out the choices and choose the one that works best for you […]

Continue Reading

Small Business Economic Trends – August 2013

Small Business Economic Trends – August 2013

| September 11, 2013 | 0 Comments

By Bill Dunkelberg August 14, 2013   OPTIMISM INDEX The NFIB Index of Small Business Optimism gained a whoppin’ 0.6 points in July. At 94.1, the Index does not impress and signals nothing but a subpar performance for the 3rd quarter. In an attempt to “make lemonade”, the July reading is the 4th highest reading […]

Continue Reading

Key Provisions Under the Affordable Care Act for Employers with Fewer Than 25 Employees

Key Provisions Under the Affordable Care Act for Employers with Fewer Than 25 Employees

| August 25, 2013 | 0 Comments

Employers with Fewer Than 25 Employees Implementation of the Affordable Care Act occurs in stages, with many of the reforms and requirements taking effect in 2013 and 2014. Some of the provisions that may impact employers with fewer than 25 employees include: Small      Business Health Care Tax Credits The small business Health Care Tax […]

Continue Reading

New Virginia Sales Tax Starting in July!

New Virginia Sales Tax Starting in July!

| August 20, 2013 | 0 Comments

2013 Virginia General Assembly, increases sales and use tax rates on July 1. There are two separate increases – one that affects the entire state, and a second one that affects only certain localities in Northern Virginia and Hampton Roads. Here’s a video explaining it all! 

Continue Reading