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Wall Street Whispers: Big Banks Discussing Bankruptcy Strategies For WeWork

Allwork

These discussions revolve around the potential for WeWork to file for chapter 11 bankruptcy, although no formal proposals have been presented to the company’s board yet. WeWork’s financial health has been under scrutiny, especially after the company reported that it failed to achieve profitability earlier this month.

Filing 130
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The New Tax Law: Freelancers Win on Taxes, Lose on Healthcare

Small Business Labs

This deduction also phases out starting at $157,500 of individual income and $315,000 of income for couples filing jointly. That proposed bill tightly limited who could take advantage of the pass-through provision. But most freelancers who make less than these phase out levels will likely be able to take this deduction. 

2018 184
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4 important payroll issues to keep an eye on in 2023

BMT Office Administration

Final e-filing regs. The IRS punted on its final regulations , dropping the mandatory e-filing threshold for information returns for 2021 and 2022 W-2s, 1099s, and 1095s. It’s unlikely it will postpone releasing the final regs for yet another filing season. These regs will scoop up smaller employers into the e-filing net.

Payroll 52
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Day in the life: Catherine Thomas, EA, Public Health Wales

Practically Perfect PA

Lady Diana had just accepted a proposal from Prince Charles – Lady Diane was a nursery nurse, so I thought that was an excellent career path. The post Day in the life: Catherine Thomas, EA, Public Health Wales appeared first on Practically Perfect PA. What does your career path look like?

Health 100
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Common mistakes made on Forms 1094-C and 1095-C — ACA reporting

BMT Office Administration

These forms are required reporting under the Affordable Care Act for employers required to offer health insurance coverage. Refresher: If you use the W-2, Box 1 safe harbor, health benefits are affordable to employees in 2022 if monthly premiums for the lowest-cost self-only plan don’t exceed 9.61% of their W-2, Box 1 wages.

Forms 52
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The New Normal: Finding Routine and Perspective in Coffee Shops

Success

I could give you the gist of one’s book proposal. I can’t imagine anyone having made it through 2020 without some sort of mental health struggle. I even filed a complicated story to an editor. I know more than 15 baristas by name. I could tell you what some of them were studying in school.

Filing 310
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Hamilton, Jefferson and Trumpcare's Impact on the Self-Employed

Small Business Labs

First off, the most important thing to know about American Health Care Act (AHCA or Trumpcare) is it will almost certainly be changed in major ways by the Senate.  This will almost certainly mean state cuts in health programs that support the poor.  Health Care Bill  provides a nice, general summary of the bill. 

Payroll 113