Making a list and checking it twice. Santa uses this idea to discover who is naughty and nice. You too can use this simple idea to keep more hard earned money in your pocket. Make a shopping list. Whenever you go shopping, whether it be for back to
Read more →Unless you’re the sole user of QuickBooks Online in your company, you’ll need to know how to set up different access levels. “Anytime, anywhere access” is one of the buzz-phrases people use when they describe the benefits of cloud computing. It’s probably one of the most
Read more →90,000 complaints received regarding tax related telephone scams Over $5 million in reported taxpayer losses Thieves are more sophisticated by using fake IRS caller IDs In a recent announcement, the IRS cautions that the use of impersonating the IRS as a means to steal your identity and
Read more →Keeping a positive cash flow is always a struggle for many businesses. Here’s how you can get customers to pay faster. In a perfect world, customers would receive their invoices from you and remit them immediately. You may have a diligent few who operate that way, but
Read more →Welcome to hurricane season! Hurricanes can cause quite a bit of damage not only to vacation homes, but also to the primary residences of people who live in areas affected by hurricanes. In 2005, Hurricane Katrina caused more than $125 million in damage. However, hurricanes are not
Read more →IRS Summertime Tax Tip 2014-13 Vacation Home Rentals If you rent a home to others, you usually must report the rental income on your tax return. But you may not have to report the income if the rental period is short and you also use the property
Read more →When it comes to tax savings it really is home sweet home. Here are some of the popular tax benefits of owning your own home and how to get the most out of your home’s tax advantaged status. Mortgage interest. Interest paid on your home mortgage is still tax
Read more →IRS Summertime Tax Tip 2014-10, July 25, 2014 When it comes to filing a federal tax return, many people discover that they either get a larger refund or owe more tax than they expected. But this type of tax surprise doesn’t have to happen to you. One
Read more →“What to do if You Get a Notice from the IRS Each year the IRS mails millions of notices. Here’s what you should do if you receive a notice from the IRS: 1. Don’t ignore it. You can respond to most IRS notices quickly and easily. And it’s
Read more →The IRS takes the distinction very seriously. Many small businesses start out as casual pastimes. You help troubleshoot your friends’ computer problems in your spare time, and they start telling their friends and business contacts about you. Or you use your woodworking skills to build furniture for non-profit organizations
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