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Book and Website We Love
"Spectacularly simple, remarkably true for every small
business owner who's determined to grow, Breaking
the Time Barrier will work for you!" ~Michael E. Gerber (The
E-Myth) How to unlock your true earning potential, FREE download of this
book.
FreshBooks is simple and intuitive,
so accounting isn't intimidating. Hello cloud, goodbye desk. With FreshBooks,
your business is accessible everywhere, from your iPhone/iPad to your
desktop, and your data is secure and backed up in the cloud.
"FreshBooks is one of the best accounting software for small
business, Mac/Apple users that we have seen."
~MB Tax Pro
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Supreme Court Keeps IRS Busy
(DOMA repeal)
As if the IRS has not been busy enough lately trying to clean up
after the scandals, now the Supreme Court's ruling on DOMA has them
hopping. With the Supreme Court striking down DOMA this means
that same sex couples will now be eligible for the thousands of federal
benefits including filing their tax returns jointly. IRS will now have
to write guidance as to how this will be handled. It's a messy
situation with only 13 states recognizing same sex marriage. For
example, how will a couple legally married in California but living in Oregon
be allowed to file? Since Oregon does not currently allow same sex
marriage would these taxpayers still have to file separately? Right now
this is how it looks. I foresee more court cases in the future as this
all plays out. We will keep you posted as things become more clear over
the next few months.
Affordable Care Act and Cover Oregon
Two upcoming
things to be aware of. First, the Patient Protection and Affordable Care Act
is starting January 1st, 2014 and will give people more insurance
options. Second, you will be required to have insurance or pay
an additional fine. Cover Oregon will be open for business in October 2013 to
give everyone time to shop for coverage before the new health care benefits
begin in January. CoverOregon.com
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