NEVER OPEN AN EMAIL FROM THE IRS!  The IRS does NOT contact taxpayers through email. Fake IRS emails ALERT: Malicious Email Claiming It’s From Better Business Bureau Better Business Bureau is issuing an urgent SCAM alert cautioning businesses and consumers about an email that looks like it is from BBB, with the subject line “Complaint from your customers.” This e-mail is fraudulent; ignore its contents and delete it immediately. If you have already clicked on a link in the e-mail, run a full virus scan of your computer. The return e-mail address is “riskmanager @ bbb.org” (an address BBB does not use) and it is signed with the address of the Council of Better Business Bureaus, the national office of the BBB system. The e-mail contains a link to a non-BBB web site. Do NOT click on the link.   BBB is working with law enforcement to determine its source and stop the fraudulent campaign.    Be sure to take advantage of all your self employed health insurance deductions Sole Proprietors and Single Member LLC's             Partnerships and S-Corporations IRS has issued a new audit guide - targeting attorneys IRS Audit Technique Guideline News regarding 2nd homes for ministers Parsonage Update regarding Form 1099 Requirements for Renters of Property Rental 1099 Repeal Clicking on the link below will provide information regarding 2011 employment taxes, wages, withholding requirements and sales & use tax.     PLEASE NOTE THE FOLLOWING CHANGES:  Effective June 1, 2011, Florida's revised minimum wage is $7.31 per hour for all hours worked in Florida. Effective July 1, 2011, the .2% Federal Unemployment surtax has been rescinded.  This is subject to likely change later in the year. 2011 Basic Payroll & Sales Tax Rates  There are options for the estates of decedents dying in 2010.  See below for information. Estate Taxes for 2010 Estates Electronic remittance of taxes is now the rule for businesses.  See below for informtion regarding the Electronic Federal Tax Payment System (EFTPS) Mandatory EFTPS The IRS has begun a more extensive audit initiative regarding proper classification of those individuals working for you and your business. Please read the following letter for more information. Employee vs Independent Contractor  Sales tax audits are no longer a remote possibility.  They are now a likely event.  Please read the following letter for more information.  Sales Tax Audits Sales Tax and Tourist Development Tax on Residential Rentals - Residential Rentals Important information regarding older versions of QuickBooks - QuickBooks 2008 The Hiring Incentives to Restore Employment (HIRE) Act - HIRE Act How health care reform may benefit small businesses - Health Care Reform Florida has specific laws regarding unclaimed property.  Click below for more information. Florida Unclaimed Property