Entries by Tony Di Fatta

Services

Bookkeeping/Writeup Meaningful, well-organized financial records ensure that your business operations will run more efficiently and are the foundation of a successful business. We can assist you with the day-to-day tasks associated with bookkeeping and maintaining an accurate and up to date set of accounting records. Business Start Up Support Tax Benefits of entity structure. S-Elections […]

Bookkeeping/Writeup

Meaningful, well-organized financial records ensure that your business operations will run more efficiently and are the foundation of a successful business. We can assist you with the day-to-day tasks associated with bookkeeping and maintaining an accurate and up to date set of accounting records.

Payroll

We offer payroll services including direct deposit, quarterly returns, annual returns such as 941’s and W-2’s. Our payroll services allows you to focus on your business while providing the needed payroll support and tools.

Rain Tax

There has been much in the news following the end of the 2013 General Assembly session about Gov. Martin O’Malley’s “Rain Tax.” This law was actually passed in 2012, and at the time I called it the worst bill passed that year. It forces Maryland’s “metro” counties to enact a tax on the amount of […]

Obamacare Tax changes

A new Surtax on Investment Income impacts individuals making more than $200,000 a year or couples with $250,000 or more.  They must pay a new 3.8% levy on income from investments, possibly including profits from the sale of a home. A new Medicare Tax adds to ObamaCare’s pain.  These same high-earners must pay an additional .9% […]

Looking at you friend

Soon after, Phileas Fogg, Francis Cromarty, and Passepartout, installed in a carriage with Aouda, who had the best seat, were whirling at full speed towards Benares. It was a run of eighty miles, and was accomplished in two hours. During the journey, the young woman fully recovered her senses. What was her astonishment to find […]

S-Corporation Health Insurance

This letter is to advise you of the tax benefits available to certain S corporation shareholders for health insurance costs.  Heath and accident insurance premiums paid on behalf of the more than 2% S corporation shareholders are included in the recipient’s Form W-2 as taxable wage income and the S corporation takes a compensation deduction.  […]