Tag: IRS
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Employee vs. Independent Contractor: What’s the Difference and Why’s it Important?
If you are reading this article, then you likely own or administer a health care practice. It may include workers of many stripes: some may be treated as employees and others as independent contractors. But do you know why they are treated that way? If the IRS or the Alabama Department of Revenue audits your…
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The Tax Cuts and Jobs Act: How It Still Affects You
Editor’s Note: This article is a follow-up to The Tax Cuts and Jobs Act – How Will It Affect YOU? published in the Winter 2018 issue. On Aug. 8, the IRS issued proposed regulations for the newly created Section 199A 20 Percent Qualified Business Income (QBI) deduction. 199A has been one of the most talked…
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IRS: Watch Out for Dangerous W-2 Phishing Scam
WASHINGTON — The Internal Revenue Service, state tax agencies and the tax industry issued an urgent alert today to all employers that the Form W-2 email phishing scam has evolved beyond the corporate world and is spreading to other sectors, including school districts, tribal organizations and nonprofits. In a related development, the W-2 scammers are…
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Warning! Do You Have Employees Age 65 or Older?
Editor’s Note: This article is a special edition to the Medical Association — May 27, 2016 In partnership with the Internal Revenue Service (IRS) and Social Security Administration (SSA), the Centers for Medicare and Medicaid Services (CMS) is using their data matching project more aggressively, to compare their records with other federal programs. CMS is…