Here is a tax planning tip for those who file their tax returns early and wish to contribute to a tax deductible IRA, but do not have the funds to do so. Say you want to pay into an IRA to get a tax break but you
Read more →If you own your own business, by hiring your children you can save in the following ways: Salaries paid to children under 18 are not subject to Social Security or unemployment taxes (in most states). No Federal withholding taxes are required if the child is under age
Read more →Every sales lead is precious. It takes a lot to get people’s attention these days, and once a lead or prospect comes in your door, you’ve accomplished that hurdle, but now you have another one: getting the business. To ensure you can turn those prospects into paying
Read more →As we move into the fall season and the final quarter of the year, it’s a perfect time to commit to a project in your business that will help you reach the year’s end in better shape. Here are five ideas: 1. Back-to-School Time If payroll expenses
Read more →They’re probably the most important elements of QuickBooks Online: your customer records. Make sure that you build thorough, accurate ones. If you’ve ever done manual accounting, what would you have grabbed if you’d had five minutes to vacate your office suddenly? Chances are good that your customer
Read more →Those dreaded words often lead to lost sleep and simple mistakes that could cost you money. Here are some tips to help you through the IRS audit process. Less than 2% of over 145 million individual tax returns filed during 2012 will be selected for audit. The
Read more →Wed 2 Deposit payroll tax for payments on Sep 25-27 if the semiweekly rule applies. Fri 4 Deposit payroll tax for payments on Sep 28-Oct 1 if the semiweekly deposit rule applies. Wed 9 Deposit payroll tax for payments on Oct 2-4 if the semiweekly deposit rule
Read more →Prepare for preparation? Yes, it’s more than a good idea. It can have significant impact on your tax obligation. You know how onerous tax preparation itself can be. So you probably don’t like to even think about it until those deadlines loom. But some planning and preparation
Read more →Maybe you just need to study your current version thoroughly. But it might be time to move up. If QuickBooks were just one product, its appeal would be more limited than it is. Though QuickBooks versions themselves are not scalable (able to expand as your business grows), you
Read more →When it comes to marketing, the company invoice might be the last thing you’d think about. But think again: it’s a great place to make every attempt to get paid faster and have your customer coming back for more services and products. Here are five fun easy-to-implement
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