IRS offers tax relief for student loan debt discharges
The Internal Revenue Service and the Treasury Department are offering a safe harbor to provide relief to taxpayers who borrowed money to attend a nonprofit or for-profit school and had their student loan debts discharged.It’s a special day at Lenhart, Mason & Associates as we celebrate Shirley Costopoulos and her 30 years of service to our firm! Her professionalism and her commitment to our firm and our clients is unparalleled, and we’re blessed to have Shirley in our LMA family. Happy anniversary, Shirley!
Happy Anniversary, Wonderful Shirley!
Such a wonderful tribute to an amazing woman and friend. Congrats Shirley. ! Kick up those heels
Congratulations from Myra & Steve!!!
Congratulations - you’re an inspiration !
Congratulations Shirley. Isn't it strange how 30 years can go by so fast.
Congratulations Shirley !! Happy 30th !!!
Yay Shirley! Well-deserved.
Congratulations to my best friend!! So proud of you!
Congratulations! Proud of you! We enjoyed the surprise in the paper, too!
Congrats! A dedicated and knowledgable mentor!
Wow! 30 years is a long time. I know LMA appreciates your hard work.
Happy Anniversary Shirley!! You ROCK!!
Congrats!! That's awesome 🎉😁
One of my favorite people, congratulations Shirley!
Happy anniversary Shirley! What an accomplishment!
Congratulations, Shirley!!! What an incredible career!!!😁
Congratulations, Shirley!
Way to go Shirley!!! Very impressive.
Congratulations Shirley!!
Congratulations!!!
Congratulations Shirley
Congratulations to Shirley!!
Congratulations Shirley!!!!
Congrats you are the best!
Congratulations
In a 2018 decision, the U.S. Supreme Court expanded the power of states to collect sales tax from remote sellers. Today, nearly every state with a sales tax has enacted a similar law. So if your company does business across state lines, it’s a good idea to reexamine your sales tax obligations. If you make online, telephone or mail-order sales in states where you lack a physical presence, it’s critical to find out whether those states have economic nexus laws and determine whether your activities are enough to trigger them. If you have nexus with a state, you must register and collect state and applicable local taxes on your taxable sales there. bit.ly/37pGlR0
Good information
With a new year comes bigger challenges and opportunities. Beat the challenges and grab the opportunities with an equal zeal. Happy New Year!
Happy new year
While you were celebrating the holidays, you may have missed a law that passed with a grab bag of provisions providing tax relief to businesses and employers. It makes many changes to the tax code, including an extension (generally through 2020) of provisions that were set to expire or already expired. For example, the law extended the employer tax credit for paid family and medical leave through 2020, as well as the Work Opportunity Tax Credit for hiring individuals who are members of targeted groups. It also repealed the “Cadillac tax” on high-cost employer-sponsored health coverage. These are only a few provisions of the new law. If you have questions, don’t hesitate to contact us. bit.ly/39rXCLx
Our office will be closing at 2pm tomorrow so we can cheer on our favorite team in the Arizona Bowl (oh, and also because it's New Year's Eve)! We will re-open at 8am on Thursday, January 2nd. Happy New Year and GO COWBOYS!!
Here are a few key tax-related deadlines for businesses during Q1 of 2020. JAN. 31: File 2019 Forms W-2 with the Social Security Administration and provide copies to employees. Also provide copies of 2019 Forms 1099-MISC to recipients and, if reporting nonemployee compensation in Box 7, file, too. FEB. 28: File 2019 Forms 1099-MISC if not required earlier and paper filing. MAR. 16: If a calendar-year partnership or S corp., file or extend your 2019 tax return. Contact us to learn more about filing requirements and ensure you’re meeting all applicable deadlines. bit.ly/2En0zyv
Our office will be closing at noon on December 24th and will re-open at 8am on December 26th so our employees can enjoy the holidays with their families. Wishing you all the happiest of holidays!
