News

News

Leading Advocate for the Self-Employed Community Releases Tax Filing Tips (The Network Journal)

The April 15th tax filing deadline is around the corner, but small business owners and self-employed workers still have some time to read up on last minute tax tips and learn about the most forgotten deductions for the self-employed community. Today, TNJ.com spoke to Keith Hall, president and CEO of the National Association for the Self-Employed (NASE), to bring you advice on filing for your micro-business.

Apr 06, 2015

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“7 in 7” – National Association for the Self-Employed Releases 7 Tips for the Final 7 Business Days before April 15th Tax Deadline

As we approach the last seven business days until this year’s tax deadline, the National Association for the Self-Employed (NASE), the nation’s leading advocate and resource for the self-employed and micro-businesses, today released “7 in 7”, a list of seven helpful tax tips for filing beneficial and accurate tax returns. The “7 in 7” list released today by NASE is in preparation for April 6th, marking the last seven business days before the April 15th tax deadline.

Apr 06, 2015

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Last Minute Tax Advice for the Self-Employed (Fox Business)

Every tax paying American knows April 15 is the deadline to file your federal income tax return, but do you know about this year’s tax code changes that can have a big effect on your 2014 tax return and your wallet?

Apr 03, 2015

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National Association for the Self-Employed Announces Extension of Deadline for Education Scholarship

As graduation season approaches and the rising costs of higher education looms large for most Americans, the National Association for the Self-Employed (NASE), the nation’s leading advocate and resource for the self-employed and micro-business community, today announced the deadline for the association’s scholarship program has been extended until April 30th, 2015.

Apr 01, 2015

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Frederick, MD Small Business Selected as National Association for the Self-Employed “Member Spotlight”

Frederick, Maryland area small business, White House Memories, a small business specializing in telling behind-the-scenes stories of entertaining in the White House, has been selected as this month’s National Association for the Self-Employed (NASE) “Member Spotlight.” The National Association for the Self-Employed is the nation’s leading advocate and resource for the self-employed and micro-business community.

Mar 30, 2015

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Retirement Plans & Strategies

Gene Perret once said of retirement, “It’s nice to get out of the rat race, but you have to get along with less cheese.” One of the greatest fears as a business owner or a self-employed entrepreneur is the inevitable time at which they will have to step away from everything they have created. As the owner of a consulting business and a financial planner for the last 6 years, I often meet with business owners to help design their retirement packages. The truth is, there are quite a number of options for retirement plans, and most of my clients are not even aware of most of the types of retirement accounts available. In this article, we will discuss the various types of retirement plans and offer insights into a few strategies that are commonly used by small business owners and self-employed entrepreneurs. For the sake of brevity and clarity, this article will only cover retirement plans and strategies available to for-profit businesses.

Mar 25, 2015

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Deductions on my Tax Return

Q: I am finishing up my tax return and want to make sure I am not missing any deductions. What deductions are most commonly missed? A: As you probably know, most business deductions come right out of your business checkbook. Any expense that is incurred in the course of your business activity that is ordinary and necessary will be deductible in some form. Therefore, the first step is to make sure you have captured all the data from your business checkbook and any other expenses that were incurred even if you paid some of those from another account. Try to avoid paying business expenses with cash simply to make sure documentation is adequate. However, if valid business expenses were indeed paid with cash, the amounts are still deductible; just make sure you maintain adequate support for the expenditures.

Mar 25, 2015

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Retiring To Self-Employment

Alan DeValerio is the Founder of White House Memories located in Frederick, Md. Alan joined the NASE in 2005. He first joined for the discounted dental insurance and has continued to enjoy the various benefits the NASE offers. Alan worked as a contract butler at the White House in Washington D.C from 1980 to 1989 and began giving presentations about his experiences in 2012.

Mar 25, 2015

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Protect Health Reimbursement Arrangements (HRAs)

In September 2013, the Departments of Treasury, Health and Human Services, and Labor, released Technical Release No. 2013-03, ”Application of Market Reform and other Provisions of the Affordable Care Act to HRAs, Health FSAs, and Certain other Employer Healthcare Arrangements.” The guidance stipulates that an employer that offers an HRA to two or more employees, but does not offer a group health care plan, is not compliant with annual limit regulations and the business would be subject to penalty. However, a single employee business can still offer an HRA plan and would not run afoul of compliance issues under the ACA.

Mar 25, 2015

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NASE Supports the Use of Payroll Cards in Letter to CFPB

The NASE in conjunction with several organizations communicated its support of payroll cards in a letter to the Consumer Financial Protection Bureau. The Bureau recently released a proposal regarding prepaid accounts in an effort to protect employees from bas practices.

Mar 25, 2015

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Courtesy of NASE.org
https://www.nase.org/news/page/78