Howard Howard & Hodges

Information may not be reliable

Howard, Howard and Hodges (formerly Howard and Company, PA and Hodges Financial Services) have been serving Central Florida since 1961. Primarily servicing Central Florida, we also provide services to clients in other states. We provide compilation, review, financial planning, tax preparation, tax planning and advisory services to a wide range of clients. Our firm views our relationship with our clients as a partnership, and believes that our success is a result of your success.
Our accounting firm is composed of highly skilled and competent professionals who serve major clients in all phases of business pursuits. We feel the most important asset that we can offer to our clients is our highly personalized service. We are a local firm that can be easily accessed by our clients.
We participate in the Peer Review program prescribed by the American Institute of Certified Public Accountants and the Florida Institute of Certified Public Accountants. Our firm and/or professionals are members of the American Institute of Certified Public Accountants, Florida Institute of Certified Public Accountants, Private Companies Practice Section (PCPS) and the Professional Association ofSmall Business Accountants (PASBA).

EFTPS Required for Most Businesses --- The US Department of the Treasury has announced that businesses currently permitted to use paper Federal Tax Deposit (FTD) coupons will have to make those deposits electronically beginning in 2011 with few exceptions. (DOT News Release TG-644, 04-19-10)

New Direct Deposit Rules for Employers Employers will now be required to ask employees if they are making subsequent transfers of their entire pay to foreign accounts. There are new formatting requirements for the ACH if transfers are occurring.

Small Business Health Care Credit If you have under 25 employees and your average full time employee pay is under $50,000, you may be eligible for a 35% credit of the health premiums your company has paid.

Health Care Act of 2010 Major Highlights include new requirements for issuance of 1099s, employers must report on Form W-2 the cost of employer sponsored health insurance, 3.8% tax on unearned income of taxpayers making in excess of $200,000 per year, .9% surtax on payroll taxes for those same individuals making in excess of $200,000 and increased penalties for employers failing to comply with tax codes.