New Health Laws Yield New Tax Forms- Part 2

If you received subsidies in 2014 to reduce the cost of health care from the marketplace, you should receive Form 1095-A. Form 1095-A shows the tax credits the insurer received on your behalf.  You should receive this form by January 31. This document must be received in order to complete your 2014 tax return.  If you have not received it …

Construction Accounting is Tough!

Businesses in the construction industry face challenges every day that most other type of companies do not. Construction contractors have complicated accounting rules when reporting long term contracts and spec homes. In addition to the complicated income tax reporting that is sometimes required there are many other factors effecting things day to day like subcontractors, payroll, job costing, and estimating …