Dent Moses Blog

2016 – 2017 Key Payroll Facts and Figures

Our “Key Payroll Facts and Figures” booklet has a quick reference guide, a few forms you might need, and a list of helpful links. You can find the guide by clicking the link above or by heading to the Resources tab on our website. If we can answer any questions regarding the information in the… Read more »

Overtime Regulations – effective December 1, 2016

Earlier this year, the Department of Labor (DOL) issued final rules that made changes to the overtime regulations under the Fair Labor Standards Act (FLSA) effective December 1, 2016. The DOL estimates more than 4 million workers who were formerly exempt from overtime will now be legally entitled to overtime pay (at a rate of… Read more »

Revised Due Dates for 2016 Returns

Legislation passed in July of 2015 modifies the due dates for many tax returns beginning with the 2017 filing season (2016 returns). The act sets new due dates for the returns listed below as well several others: Partnerships – 2016 calendar year partnership returns will be due March 15th (formerly April 15th). Fiscal year partnerships… Read more »

Email – A Second Class Form of Communication

Email and texting have revolutionized communication. Both are fast, convenient and essentially allow nonstop 24/7 communication. Like any means of communication there are limitations and certainly emails and texts have a downside. For a professional services firm, work 20 years ago was a barrage of phone calls and faxes. Now, emails have become so numerous… Read more »

Tax Tribunal Holds Modified Software Is Nontaxable Custom Software

The Alabama Tax Tribunal recently held that modified canned software is nontaxable custom software.  In Russell County Community Hospital v. Alabama Department of Revenue ( No. S 15-1683 Ala. Tax Trib. June 13, 2016), the Tribunal ruled that the taxpayer was entitled to a refund of sales tax paid on purchases of software, where the software… Read more »

New Per Diem Rates Effective October 1, 2016

There will be an update to per diem rates effective beginning October 1st. First, let me offer some background. If you have employees that incur frequent business travel, it can often be cumbersome for those employees (and perhaps for the chief accountant) to accumulate receipts for reimbursable expenses paid by the employee. As an alternative, tax… Read more »

What You Need to Know About IRS Scam Calls

This summer has seen an uptick in IRS scam calls, and an evolution of strategies from the scammers themselves. We have received many calls and e-mails attempting to verify whether or not a call is legitimate, and most have unfortunately been fraudulent. On August 2nd, the IRS released a bulletin in which Commissioner John Koskinen… Read more »

Use Tax Compliance for Business Owners

Business owners pay many different kinds of taxes every year. Of those taxes, sales tax is probably the easiest to understand. If a business owner buys $100 in dental supplies and the tax rate is 10%, then the business owner pays an extra $10 to cover the tax. The vendor collects and pays the sales… Read more »