Wood Johnson Heath PC

Information may not be reliable

IRS defers reporting of employer-provided health insurance costs on Form W-2
Employers are eligible for a one-year deferral of mandatory reporting of the costs of employer-provided health insurance on an employee's Form W-2, Wage and Tax Statement. According to the IRS, man...

IRS gives relief to taxpayers plagued by problem drywall
Taxpayers may be able to treat damages from corrosive drywall as a casualty loss, the IRS has announced. The IRS also provided a safe harbor formula to calculate the amount of the loss.

New disclosure rules give 401(k)-type plan participants more information about fees and investments
Individuals with funds in 401(k)-type retirement savings plans will receive more information about plan expenses and investments under new federal rules. The U.S. Department of Labor's Employee Ben...

Simplified “high-low” per diem rates decline for FY 2011
The simplified per diem rates, which employers may use to reimburse employees for lodging, meals and incidental expenses incurred during business travel, have fallen for fiscal year (FY) 2011, the ...

Social Security wage base remains unchanged for 2011
The maximum amount of earnings subject to Social Security will be unchanged in 2011, the Social Security Administration (SSA) has announced. The wage base, above which wages are not subject to Soci...

TX - Treatment of motion picture release prints clarified
The Texas Comptroller has stated that its policy regarding the sales and use tax treatment of motion picture release prints remains unchanged while its former regulation on the subject is undergoing r...

Welcome and thank you for visiting our website. We are an Austin, Texas based CPA firm offering professional tax, accounting, financial consulting, payroll processing, and management consulting services. Our clients include individuals, small and medium size businesses, non-profit organizations, estates, and trusts. From traditional write-up and tax compliance to contemporary, Internet-based out-sourced accounting and payroll solutions, we have the knowledge, experience, and tools to make your life easier.

In addition to providing you with a profile of our firm and the services we provide, this Website has been designed to become a helpful resource tool to you, our valued clients and visitors. Our dedication to superior client service has brought us to the Internet as we endeavor to continue to provide the highest quality professional service and guidance.

As you browse through our Website, you will see that we have highlighted background information on our firm and the services we provide. We have also included useful resources such as informative articles (in our Newsletter section) and interactive financial calculators (in our Financial Tools section). In addition, we have taken the time to gather many links to external Websites that we think would be of interest to our clients and visitors (in our Internet Links section).

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