It’s back-to-school time. Why not take a page from the kids’ books and do some learning of your own? QuickBooks is easy to use, intuitive and flexible. But it is not an accounting manual or class or tutorial. If your business is exceptionally uncomplicated, you might get
Read more →From the IRS: “IRS Summertime Tax Tip 2013-24 Ten Tax Tips for Individuals Selling Their Home If you’re selling your main home this summer or sometime this year, the IRS has some helpful tips for you. Even if you make a profit from the sale of your
Read more →From the IRS: “If You Receive an IRS Notice, Here’s What to Do IRS Summertime Tax Tip 2013-22 Each year the IRS sends millions of letters and notices to taxpayers. Although some people may feel anxious when they receive one, many are easy to resolve. Here’s what
Read more →Take a proactive approach to reduce your 2013 tax burden With the passage of massive 2013 tax law changes, you may be feeling a bit uncertain about how your ultimate 2013 tax liability will be affected. To avoid surprises at tax time, now is the time to
Read more →On a doctor’s visit, the first thing the nurse does is take your vitals: your temperature, blood pressure, pulse rate, and respiration rate. These basic measurements are the first place doctors look to see if something is wrong with our health. Knowing your vital signs, and especially
Read more →Tue 3 File Form 730 and pay tax on wagers accepted during July. Tue 3 File Form 2290 and pay the tax for vehicles first used during July. Thu 5 Deposit payroll tax for payments on Aug 28-30 if the semiweekly deposit rule applies. Fri 6 Deposit
Read more →Congress recently passed legislation that will lower federal student loan rates. This legislation provides a level of certainty for all taxpayers. While more details will be forthcoming, here is what is known. New Rate Program Under the recently passed legislation, the rates for these loans will now
Read more →In 2013 federal tax legislation reintroduces the phase-out of itemized deductions for certain taxpayers. Because of this, many who are subject to itemized deduction phase-outs wonder if the benefit of charitable giving is reduced. Here is what you need to know. Most taxpayers are not impacted. The phase-out
Read more →In the vast majority of industries, referrals are the most cost-effective way to gain new clients and grow your business. When you attract new clients through referrals, your marketing costs are lower, your selling process is easier and more effective, and the referral usually makes for an
Read more →Mistake #1. Withholding too little. This results in a tax surprise when filing your income tax. Don’t be too hard on yourself if this happens to you. Social Security withholdings have changed each year and new tax laws in 2013 make it very difficult to withhold the proper
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