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Information that you may find helpful

The True Cost of Paying an Employee

Social Security Tax: The employer pays 6.2% on each employee's wages up to $127,200. Medicare Tax: The employer pays 1.45% on ALL wages for each employee. Federal Unemployment Tax Act (FUTA): The employer pays 6.0% on the first $7,000 of each employee's wages State...

1099s & Payroll Processing Due Jan 31, 2015

Just a reminder that 4th Quarter Payroll Returns and W-2s are due to recipients by January 31, 2015. 1099s are also due to recipients by January 31, 2015. Check out our newsletter to see more detailed information on the filing requirements for both. Don't wait until...

Extended Business Tax Breaks!

Here are the highlights of what was extended for businesses for the 2014 tax year: Section 179 depreciation limits of $500,000 were extended through 2014 ONLY - think about purchasing new equipment prior to December 31 50% Bonus depreciation was extended for 2014 Work...

Extended Individual Tax Breaks!

Here is a list of tax break extensions that might benefit you: Up to $4,000 of qualifying tuition, fees, and related expenses for post-secondary education for you, your spouse, or your dependents can be deducted regardless of if you itemize. If you itemize you can...

Our New Website

Haas Accounting Services, LLC is proud to announce the launch of our new website! Tell us what you think of it by writing a comment below!