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Memorial service for Pastor Tom New 1099 Filing Requirements
On April 15, 2011, President Obama signed into law the Comprehensive 1099 Taxpayer Protection and Repayment of Exchange Subsidy Overpayments Act of 2011 (HR 4; 1099 Act). This new law may have a direct impact on you and your business. We have summarized some of the important changes that will become effective for 2011, and outlined the procedures that you should follow. There are significant fines for failure to file properly completed forms, so please be sure to follow the guidelines outlined herein. 
New 1099 Filing.pdf
The information contained in this letter, as well as more detailed information on HR 4, can be found at: IRS Guide to Information Returns
Personal Finance News
"Rise up; this matter is in your hands. We will support you, so take courage and do it."
New Bill Impacts Businesses That Use Independent Contractors
California Senate Bill 459 was signed into law by the Governor on October 9, 2011. SB 459 prohibits the willful misclassification of individuals as independent contractors. The bill authorizes the assessment of civil penalties and other specific disciplinary actions against persons or employers violating these prohibitions.
Eight Facts on Penalties
IRS Tax Tip 2011-74, for April 14, 2011
When it comes to filing a tax return – or not filing one - the IRS can assess a penalty if you fail to file, fail to pay or both. Here are eight important points the IRS wants you to know about the two different penalties you may face if you do not file or pay timely. Read more...
USC Football News
USC's Hal Bedsole Named To College Football Hall Of Fame
1 hour 36 min ago
Former USC All-American end Hal Bedsole, who helped the Trojans win the 1962 national championship and twice was Troy's season leader in receiving and scoring, has been named to the 17-member 2012 Football Bowl Subdivision Class of the College Football Hall of Fame.
Ex-USC Football Assistant Dick Beam Dies
1 hour 36 min ago
Dick Beam, who was an assistant coach on a pair of USC's national championship football teams and then became a front office executive with the Los Angeles Rams and Tampa Bay Buccaneers, died on Thursday (May 3) of cancer in Corona, Calif. He was 75.
Seau Found Dead Today
1 hour 36 min ago
USC All-American LB Junior Seau was reportedly found dead in his Oceanside home today of a gunshot wound, according to San Diego police.
Rhett Ellison Chosen In Fourth Round By Vikings
1 hour 36 min ago
USC fullback-tight end Rhett Ellison was a fourth round draft pick of the Minnesota Vikings today (April 28) on the final day of the NFL Draft. He becomes the 476th Trojan NFL draftee, more than any school.
