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ObamaCare for Small Businesses: What You NEED to Know for 2015

| December 2, 2014
ObamaCare for Small Businesses: What You NEED to Know for 2015

Prepping for 2015? Here’s How to Navigate the Changes in Health Insurance for Small Businesses In 2014, the health insurance industry in America fundamentally changed, affecting businesses and employees nationwide. From rates to premiums to newly imposed penalties, the shockwaves were felt across the board—and for many small businesses, too much confusion and uncertainty left […]

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Top 10 Things to Know About the Silver Line

| July 28, 2014
Top 10 Things to Know About the Silver Line

The Silver Line is a new 23-mile Metrorail extension connecting the Tysons, Reston, Herndon, and Dulles Airport areas of Fairfax County to the regional Metrorail system. Phase 1, which opened for business on July 26, includes these stations: McLean Station Tysons          Corner Station Greensboro          Station Spring          Hill Station Wiehle-Reston          East Station Phase 2, which is tentatively scheduled to open in  2018, will extend […]

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Outwitting The NIIT: 12 Ways To Avoid The New Net Investment Income Tax

| June 26, 2014
Outwitting The NIIT: 12 Ways To Avoid The New Net Investment Income Tax

For some high-income taxpayers writing a check to Uncle Sam was particularly painful this past tax season, and not for the most obvious reason–the 2013 increase in the top income tax rates. Instead these folks were bitten by the new Net Investment Income Tax (NIIT), a maddeningly complicated extra 3.8% levy on certain investment income. […]

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June 2014 Report: Small Business Sentiment Improves But Is No Sign of a Surge

| June 25, 2014
June 2014 Report: Small Business Sentiment Improves But Is No Sign of a Surge

Highest level since Sept. 2007, but below normal expansions May’s Optimism Index rose 1.4 points to 96.6, the highest reading since September 2007.  However, while May is the third up month in a row, the Index is still far below readings that have normally accompanied an expansion and there have been similar gains in the […]

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What’s New In Taxes For Your 2013 Return?

| December 20, 2013 | 0 Comments
What’s New In Taxes For Your 2013 Return?

What’s New Our tax experts at M J Mortensen Assoc have listed some of the important tax changes that took effect in 2013. For the latest information about the tax law topics covered in this article please call Janie Mortensen or John McKusker at (703) 641-8302 or email Janie@mjmortensen.com or John@mjmortensen.com Additional Medicare Tax. Beginning in […]

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Questions and Answers for the Additional Medicare Tax

| November 20, 2013 | 0 Comments
Questions and Answers for the Additional Medicare Tax

The following questions and answers provide employers and payroll service providers information that will help them as they prepare to implement the Additional Medicare Tax which goes into effect in 2013. The Additional Medicare Tax applies to individuals’ wages, other compensation, and self-employment income over certain thresholds; employers are responsible for withholding the tax on […]

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First Obamacare Deadline Was Oct. 1: Are You Prepared?

| October 7, 2013 | 0 Comments
First Obamacare Deadline Was Oct. 1: Are You Prepared?

Obamacare began to take full effect Oct. 1, when the law’s health insurance exchanges opened. Most small businesses—those with 50 or fewer full-time employees—are not required to offer health insurance coverage under the Affordable Care Act, and larger businesses with more than 50 full-time employees have been given some reprieve with the one-year delay of […]

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Top 5 Regulatory Issues by Paychex!

| September 30, 2013 | 0 Comments
Top 5 Regulatory Issues by Paychex!

oniHealth care reform continues to be a major issue on the minds of businesses large and small. In addition to other hot topics such as immigration reform and the marriage definition, it’s clear the months leading up to the end of the year could prove to be an extremely consequential time for issues affecting the […]

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How to Set an Advertising Budget

| September 30, 2013 | 0 Comments
How to Set an Advertising Budget

How much should you spend on advertising your business? The price to promote your company can escalate quickly — newspaper ads, banners, radio spots, direct mail, online marketing, telemarketing. It all adds up. Here are the top four methods for setting an advertising budget used by the most successful independent businesses: 1. Fixed percentage of sales. […]

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SEPTEMBER REPORT:Small Business Optimism Flat, Down 0.1 Points

| September 30, 2013 | 0 Comments
SEPTEMBER REPORT:Small Business Optimism Flat, Down 0.1 Points

Small business optimism remained flat in August, dropping 0.1 points from July for a final reading of 94.0. While the total reading showed essentially no change over the month prior, a look at the individual indicators reveals incongruent details. Job creation plans leapt to a level not seen since before the recession and sales expectations […]

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