Posts Tagged ‘accounting firm’
Protect Yourself and Your Business from Identity Theft
Best Defense against IRS taxpayer Identity theft is a strong password. Just before the season on electronic filing and returns, the IRS reminds you to protect yourself. Taxpayer identity theft has grown exponentially in the last few years, but with Stronger passwords, you can guard identity for yourself and your business. Use word phrases that…
Read MoreCheck Your Withholding Before it’s Too Late!
We are in the final stretch of 2019 and now is a good time to check your withholding estimator. Grab your paystubs and other income documents from all income sources. Grab your most recent documents on pensions, annuities, Social Security benefits and self-employment income, as well as 2018 tax return. Go to irs.gov and check…
Read MoreIRS 2019-20 New Rates in Effect for Business Travelers
If you are a regular business traveler incurring expenses, This is your heads up that as of Oct1, there are new IRS per-diem rates in effect. The daily business traveler expenses are broken into three categories: Special transportation industry meal and incidental expenses, or M&IE rates $66 for locations in the continental United States (CONUS)…
Read MoreIRS videos in Sign Language
In a celebration of the international day of sign languages, IRS ASL Channel on YouTube featured several tax topics: Tax Tips – videos on general tax topics – meant to help people understand their tax responsibilities ID Theft – as taxpayers and their returns becomes a major target for identity thieves, the IRS provides videos…
Read MoreTuesday Tax Tip: 3rd Quarter Estimated Tax Due Soon
Third Quarter Estimated tax payment due Monday Sept 16. Can you believe major tax reform is in its second year? As taxpayers are seeing its full effect on 2018 returns, the IRS reminds people who pay estimated tax that their third quarter payment for 2019 is due Monday September 16. Thanks, IRS. On a brighter…
Read More7 BasicTax Tips
7 Simple business steps can save untold hours of labor, confusion and misery when you prepare for tax season.
Read MoreFASB Changed Timeline of Four Filing Standards
FASB (Financial Accounting Standards Board) will delay effective dates for four key standards for some groups of Financial Statement preparers. The affected groups include accounting companies for Lease Accounting: preparers not public business entities’ new date would be January 1, 2021. Year end public businesses, employee benefit plans and non-profit conduit bond obligors remains unchanged,…
Read MoreHow Your Accountant’s Conference Can Benefit Your Business
The month of June is not normally regarded as important in terms of accounting deadlines. But June and July are known in the accounting industry as the Accountant Conference months. So many industry conferences are held in June and July that there are lists of the top Accounting Conferences so firms can determine which best…
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