January 2013
header
President Signs the American Taxpayer Relief Act into Law

 

President Obama signed the American Taxpayer Relief Act into law on January 2, 2013. Read the article linked here for Individual and Businesses highlights. Read more...
Fiscal Cliff Averted: The Good and Bad News for Businesses

 

Last Tuesday, the House of Representatives passed the American Taxpayer Relief Act of 2012, essentially averting the fiscal cliff. With the passing of this bill, there is good news and bad news for businesses. Read more...
Increased W2 Reporting Requirement

 

New mandatory reporting on Form W-2 for the cost of health coverage for any applicable employers who issued 250 or more W2s for 2011. For smaller employers, those issuing less than 250 W2s in the prior year, it is voluntary until the IRS issues further guidance. Read more...
2013 Standard Mileage Rate Increase

 

The standard mileage rates have increased by 1 cent/mile for 2013. These new rates need be used when calculating the costs of operating an automobile for business, charitable, medical or moving purposes and for determining the reimbursed amount for these expenses. Read more...
About Us:

The Whitlock Company is a full-service CPA firm offering a range of professional tax, audit, accounting and management advisory services to the following industries: Community Banking, Real Estate, Manufacturing, Not-for-Profits, Higher Education and more. For more information, please contact us.

We appreciate your referrals. If you know of a company, organization or individual who may benefit from our services, please let us know.
Quick Links
 
Featured Services:






 
Media and Resources:
 
 
 
 
Read more from past newsletters