As April is tax month, included here is a short quiz to see how well you know your taxes. Since everyone tends to think they have it worse than their neighbors, this year’s quiz revolves around state imposed taxes. Enjoy! Can you name the seven states that
Read more →Not sure you’ll be prepared to file and pay your total taxes due by April 15? Here’s what you need to know about filing an extension. Sometimes, things beyond your control keep you from making that April 15 income tax filing deadline – family emergencies, too much
Read more →The smartest business decisions result from customizing and creating frequent reports in QuickBooks Online. Day after day, you build your company file in QuickBooks Online. You create invoices and purchase orders. Record payments and complete contact and item records. Process payroll and submit payroll taxes. Receive inventory
Read more →Now that the federal Unified Estate and Gift Tax has a level of certainty in it, here are the updated figures for 2014. Maximum Estate and Gift Tax rate 40% Inflation adjusted estate exclusion: $5.34 million Annual Gift Giving Exclusion: $14,000 ($28,000 per couple) Observations: Portability of
Read more →Standard Mileage Rates Mileage 2014 Rate/Mile Business Travel 56.0¢ Medical/Moving 23.5¢ Charitable Work 14.0¢ Here are 2013 rates for your reference as well. 2013 Mileage Rates Standard Mileage Rates Mileage 2013 Rate/Mile Business Travel 56.5¢ Medical/Moving 24.0¢ Charitable Work 14.0¢
Read more →You may not have even completed your 2013 taxes yet. But now is an ideal time to start getting ready for your 2014 returns. We know that you’re in some stage of preparation for your 2013 income taxes. It may seem odd to start thinking about 2014
Read more →There is little question that one of the biggest concerns of parents today is their childrens’ online safety. There are few barriers keeping young children from setting up a Facebook account or a free service through Google. Thankfully, in the FTC issued amendments to the Children’s Online
Read more →Item 2014 2013 Change Maximum income tax rate 39.6% 39.6% – Maximum Medicare tax rate 2.35% 2.35% – Social Security employee rate 6.2% 6.2% – Max Dividend/Capital Gain rate 23.8% 23.8% – Personal Exemption $3,950 $3,900 +$50 Standard Deductions Single $6,200 $6,100 +$100 Joint or Qualifying Widow
Read more →Feeling generous? Want to give a gift of cash or something equivalent to a family member or friend? You should understand the tax implications. There are numerous reasons why you might want to give a gift to someone you know. Maybe a family member has gone through
Read more →Knowing the tricks makes you a better buyer There are many reasons for you to lease a car versus buy a car, but too often it is the auto dealer’s profit motive that determines which method you use. To help make sure you do not become a
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