Blog

Reporting Requirements for Applicable Large Employers

By Peoples Tax | October 8, 2015
Posted in: Small Business Tax
Under the health care law, applicable large employers – those with 50 or more full-time employees, including full-time equivalent employees, in the preceding year – are required to report some information regarding health coverage by filing information returns with the IRS and furnishing statements to full-time…
Read More

Richmond 2015 Tax Deductions

By Peoples Tax | October 8, 2015
Posted in: Tax Tips
The UCI Road World Championships have come and gone but if you were involved, you may have a tax deduction in your future. That’s because not only is the planning organization (Richmond 2015), a non-profit, they are an IRS approved charity. Here are some tax tips from yours…
Read More

Peoples Tax is Looking for an Experienced, Hands-On Bookkeeping Professional

By Chuck McCabe | September 22, 2015
Posted in: Uncategorized
Bookkeeper-Full-Charge using QuickBooks + Payroll Peoples Income Tax and The Income Tax School – Glen Allen, VA Experienced hands-on bookkeeping professional wanted full-time to handle all aspects of corporate bookkeeping including in-house payroll for a growing multi-division business near Innsbrook. Career Opportunity. Responsible for the general ledger function including AR. AP, bank reconciliations,…
Read More

Social Security Strategies For Married Couples

By Chuck McCabe | September 17, 2015
Posted in: Uncategorized
Is it almost time to retire and start receiving Social Security Benefits? There are some popular strategies you should know about before claiming your benefits. Claim Twice If you and your spouse are both at full retirement age, the claim twice strategy might be an appropriate move for…
Read More

Read This If You Plan To Move This Year!

By Peoples Tax | September 3, 2015
 Moving this Year? If You Receive the Premium Tax Credit, Report this Life Event  If you moved recently, you’ve probably notified several organizations – like the U.S. Postal Service and utility companies – about your new address. You may have even notified the…
Read More

IRS Warns Taxpayers to Guard Against New Tricks by Scam Artists

By Peoples Tax | August 28, 2015
Posted in: IRS
Following the emergence of new variations of widespread tax scams, the Internal Revenue Service today issued another warning to taxpayers to remain on high alert and protect themselves against the ever-evolving array of deceitful tactics scammers use to trick people. These schemes – which can…
Read More

Ten Key Tax Facts about Home Sales

By Peoples Tax | August 19, 2015
Posted in: Uncategorized
In most cases, gains from sales are taxable. But did you know that if you sell your home, you may not have to pay taxes? Here are ten facts to keep in mind if you sell your home this year. Exclusion of Gain.  You may be…
Read More

Back-to-School Education Tax Credits

By Peoples Tax | August 10, 2015
Posted in: Tax Tips
If you, your spouse or a dependent are heading off to college in the fall, some of your costs may save you money at tax time. You may be able to claim a tax credit on your federal tax return. Here are some key IRS tips that…
Read More

2 Richmond Locations

West End

Corporate Office/The Forum Office Park

10120 W. Broad St., Suite C
Glen Allen, VA 23060

South of the River

Commonwealth Centre

4521 Commonwealth Centre Parkway
Midlothian, VA 23112

More information and Hours