Monthly Archives: November 2012

QuickBooks 2013 Gives You A Reason To Upgrade

Tired of QuickBooks’ cramped, claustrophobic screens and uneven interface? You’ll be pleased to see the 2013 version. You chose QuickBooks for a variety of reasons, a major one being its simplicity and usability. But the software is more than 20 … Continue reading

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QuickBooks Payroll Runs: Easy, Fast, Accurate

If you’ve already set up your QuickBooks employee and company payroll files, the hard part’s over. It’s not just a catchy ad slogan: It’s true. Unless you have dozens of employees or numerous exceptions each payday, you can literally process … Continue reading

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Forgiven debt can be taxed as income

With the recent economic downturn experienced by many taxpayers, there is a tax concept that is very important: cancellation of debt. You would think that the cancellation of debt by a credit card company or mortgage company would be a … Continue reading

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The alternative minimum tax: Will it affect you?

In your tax planning, don’t overlook how your tax-saving strategies might be affected by the alternative minimum tax. * What is the alternative minimum tax? Enacted back in 1969, the alternative minimum tax (AMT) was designed to make sure that … Continue reading

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QuickBooks Can Do Much More Than You Think

No, you’ll never max out all of its features, but here are some tips on tools that extend QuickBooks’ usefulness – and save you time. Zero In On Key Report Figures You’ve undoubtedly created reports that were so lengthy that … Continue reading

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Is all my income taxable?

Generally, all sources of income are subject to income tax unless specifically excluded. Here are some sources of money that are not taxable: * Money received as a loan. * Gifts and inheritances. * Child support received. * Welfare benefits. … Continue reading

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Tips for cutting costs in your business

Keeping costs under control is crucial in today’s challenging business environment. Without a doubt, one of the quickest ways for a business to cut costs is through staff reduction. But cutting jobs is not always the best cost-cutting strategy. Drastic … Continue reading

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