Posted by Keith Hall - Are the workers in your business Independent Contractors or are they really Employees, instead?  For most of us it is easier to simply call them independent contractors instead of employees because the presumption is that the paperwork is easier.  No withholding, no payroll taxes, less hassles.  The problem is that the classification of your workers is not a...

Posted by Kristin Oberlander -Politicians are running for office all over America, that much is certain. It's a somewhat quiet week for the Republican candidates for president, since the Flordia primary isn't until next Tuesday, January 31st. The talk this week has been surrounding President Obama's State of the Union address. The NASE weighed in the night of with a response from President and CEO...

Q: I read something several months ago about taking a loan from your 401K retirement plan. If you were at least 55 years old, you were not required to pay this back and there was no penalty for this. Is that true? A: From a technical standpoint you still must repay the loan. If you don't repay the loan, regardless of how old you are, then the loan becomes a distribution. The tax treatm...

Posted by Kristin Oberlander - Businesses spent $231 billion and more than 133 million paperwork hours to comply with federal regulations in 2011, according to a study release by the American Action Forum. The study also found that it would take 66,730 employees just to file federal paperwork (assuming a 2,000 hour work year). The NASE has been an advocate for simplification of the tax c...