BLS Insights

Discover the depth of BLS knowledge and information.

Month: January 2015

The Nanny Tax

January 21, 2015

Have you hired a household employee? If so, what are your responsibilities for that employee? If you’ve hired anyone to do work in or around your home and you control how the work is done,

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Small Nonprofit? Get the Credit You Deserve!

January 20, 2015

In March 2010, the Affordable Care Act was enacted to encourage small businesses and tax-exempt organizations to offer health insurance to their employees for the first time or continue the health care coverage they already provided.

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Investment Properties, Rental Properties & Second Homes – Which do You Own?

January 13, 2015

Depending on which classification your property falls under, there are several different rules for reporting rental income, deductible expenses, and gains and losses from the sale of the property that you should be aware of. The home you use for the majority of the year would be considered your principal residence.

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Need Additional Information?

If you need more information, please contact us so we can connect you with one of our CPA advisors who will be committed to your business and personal success. BLS is here to help!