Congress has enacted the biggest tax reform law in thirty years, one that will make fundamental changes in the way you, your family, and your business calculate your federal income tax bill, and the amount of federal tax you will pay. It will become law as soon as the President signs it. The bill has […]
Snyder & Company, PA, CPA’s is pleased to announce that Robert Wise has become a shareholder and vice-president of the firm. Rob has been an associate with the firm for over 23 years and is committed to helping our small business clients succeed. Rob holds a Bachelor of Science degree in Accounting from Goldey-Beacom College […]
The Professional Association of Small Business Accountants held its 11th annual awards ceremony at the 2017 Spring Marketing Conference in St. Pete Beach FL. During the conference dinner party, it was announced that Dennis Snyder was chosen as the 2017 medium practice recipient of the Association’s Accounting Firm of the Year for his firm, Snyder […]
Following is helpful information found on the Federal Trade Commission IdentityTheft.gov website. You need to act now if you haven’t yet taken steps to prevent the misuse of your sensitive personal information that was exposed in the Equifax Data Breach. The first step, as stated below, is to determine if your personal information was compromised. […]
U.S. Citizenship and Immigration Services (USCIS) has published a revised version of Form I-9, Employment Eligibility Verification. The I-9 form confirms that you have verified the identity of your employee and their authorization for employment in the United States. The revised form is available on our website at: Snyder CPA Forms This new version must […]
Important news for business owners! The Department of Labor’s (DOL) new overtime rule, set to go into effect on December 1, 2016 has been temporarily blocked by a Federal Judge in Texas. For now, that means businesses are in a holding pattern. The courts action stops the proposed changes from going into effect while the […]
First it was “Small Businesses MUST have a Website”, then the discussion turned to “Search Engine Optimization” (also known as SEO). In 2016 successful businesses are grabbing the millennial market share by increasing their Social Media presence. It can feel like an uphill battle, but the efforts will reap great rewards! What are the main […]
Taxpayers may not like receiving 1099s. Businesses may not like sending them out. Perhaps no one likes 1099s except the IRS! The agency loves them because they easily allow the matching of data against tax returns. Forms 1099 are a vital part of IRS matching. Take these forms seriously. The IRS sure does! Form 1099-MISC is the form you MUST […]
Tax Bill retroactively extends nearly all tax provisions that expired at the end of 2013 for one more year through December 31, 2014
Backdoor Roth IRA – If your Modified Adjusted Gross Income for 2014 is greater than $191,000 and you are married filing jointly ($129,000 for single) you can no longer make a Roth IRA contribution. Or can you? If you have no other IRA’s, there’s are strategy that will work for you. Make a non-deductible IRA […]
Our office has been contacted by a number of clients questioning phone calls they have received from persons claiming to be IRS representatives demanding payment of unpaid taxes and threatening them with legal action. These are scams because the IRS always sends written notices prior to taking collection action. See our October 2014 newsletter for […]
Our company has been a client of Snyder and Company for many years. As a small business we find that receiving monthly financial statements in an accurate and timely manner is critical to our planning and decision making process. Their general business advice is very helpful in plotting a course for future business plans. Tax returns and tax planning is done in a professional and timely manner.
I would recommend Snyder and Company to any small business owner looking for professional accounting services.