Recently on LinkedIn and in the Wall Street Journal author Angus Loten low-lighted payroll processing as an outsourced function. In his article he followed a business in Maryland that went rouge, started embezzling from clients, went bankrupt and left clients on the hook for thousands in trust fund taxes owed to the IRS. Don't let [...]
Looking for young entrepreneurs in Tuscaloosa CountyDo you know a middle or high school student, age 11-18, who is interested in starting their own business but has no idea on how to get the ball rolling? If so, the Young Entrepreneurs Academy (YEA!) can help them get their ideas off the ground and into motion.The Young Entrepreneurs Academy (YEA!), [...]
The Business Council of Alabama and the Alabama Technology Network presented the awards for Alabama's 2013 Manufacturers of the Year. Tuscaloosa County's Mercedes-Benz auto plant was named large manufacturer of the year. The Vance auto plant employs 3,000 people, and, with the addition of the C-Class sedan to the assembly lines, 1,400 new jobs will be [...]
A recent report from the Wall Street Journal indicates that many large companies are holding payments to suppliers for longer periods and that is projected to get even longer. Why are they doing this? Cash Flow! They are taking extra time to pay and in the process freeing up billions of dollars in cash for [...]
Tax filing season is a peak time for scams. Each year, the IRS puts out a "Dirty Dozen" list of 12 common tax scams. Be wary of these illegal scams, because should you buy into one of them, you could face significant penalties and interest and even criminal prosecution. This tax season, protect yourself from fraud. Here [...]
Rosen Harwood, P.A. and JamsionMoneyFarmer PC present Top 10 Things Businesses Need to Know about Health Law Reform in 2013 Lunch & Learn Seminar Date: Tuesday, April 30, 2013 Time: 11:30 a.m. to 1:30 p.m. Location: JMF Training Room, Bank of Tuscaloosa Plaza 2200 Jack Warner Parkway, Suite 300 Tuscaloosa, Alabama 35401 Speakers: Paige Oldshue, Esq. [...]
On January 2, 2013, President Obama signed into law the American Taxpayer Relief Act of 2012, allowing the United States to avert the so-called "fiscal cliff," which would have triggered automatic tax increases and spending cuts. Among its provisions, the new law extends credits for the lower and middle class, raises taxes on top earners [...]
The fifth annual Lake Tuscaloosa North River Watershed Festival will take place April 4 through April 6. The festival, hosted by the city of Tuscaloosa, the UA Museum of Natural History and the Clean Water Partnership, will include a public information fair, an education expo and a lake cleanup event. Volunteers with boats are asked [...]
JamisonMoneyFarmer was proud to attend and sponsor the AlabamaGermany Partnership dinner held in Huntsville on March 7. A number of officials, including Governor Robert Bentley, Secretary of Commerce Greg Canfield and German Consol General to the Southeast Christoph Sander, spoke at the event, which was held at the U.S. Space and Rocket Center. The dinner celebrated the [...]
Do you have misclassified workers? Do you have contractors who should be classified as employees? How do you know for sure? First, take a look at JMF's pamphlet about contractors and employees. Ask for one when you pick up your tax return. An interesting article in the Wall Street Journal this morning by Angus Loten [...]