Winter 2014 Client Update

Here are a few headlines from that issue. To read any of these articles, click on the link at the end of this e-mail.

HEALTH CARE REFORM LAW GETS UNDERWAY FOR INDIVIDUALS

Although the employer mandate for providing health insurance coverage to workers under the “Affordable Care Act” (ACA) was postponed for one year – until January 1, 2015 – the rules for individuals remain in place, at least for the foreseeable future.

1099s: A LITTLE FORM WITH A PAINFUL BITE

When Congress tried unsuccessfully to expand the Form 1099 filing requirements a couple of years ago, at least one thing was accomplished.
It raised awareness of an important IRS business reporting rule.

BUSINESS OR HOBBY? NINE FACTORS HELP THE IRS DECIDE

The dividing line between a business and a hobby may be thin, but it can look like a canyon when you are on one side and your tax deductions are on the other. The gap is a function of differing treatment of expenses.

HOW TO HANDLE THE FINANCIAL ISSUES AFTER THE DEATH OF A SPOUSE

The death of a spouse can be a devastating experience, both emotionally and financially. As the survivor, you’ll have to make important decisions while you’re in what could be the most vulnerable and distracted stage of your life. The suggestions that follow might at least help ease your financial stress.

To read these articles and more, click here: Hall & Company CPAs 2014 Winter Newsletter