Monthly Archives: February 2014

How to Build Your Customer Database in QuickBooks Online

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 … Continue reading

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Who must file a 2013 income tax return?

The rules for filing 2013 tax returns are straightforward for most people. Marital status, age, and income level are generally the determining factors. Here’s a quick overview of the income levels at which a 2013 return is required. *Single individual…..$10,000 … Continue reading

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How to maximize your tax deduction after a disaster strikes

Fire, flood, tornado. Violent weather can wreak emotional and financial havoc. If your home, vehicle, or other personal property is damaged or destroyed by a sudden, unexpected casualty, an itemized tax deduction may help ease the financial burden. In most … Continue reading

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Check the tax rules before lending money to relatives

There are many worthwhile reasons to lend money to a relative. For example, you may want to help a child or sibling continue their education or start their own business. But lending money to relatives can have tax consequences. The … Continue reading

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Don’t overlook the “nanny tax”

As you review your filing requirements for 2013, make sure you don’t overlook the so-called “nanny tax.” If you have a household employee, you could be liable to pay state and federal payroll taxes. First, you must determine whether you … Continue reading

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QuickBooks 2014 Simplifies, Accelerates Common Tasks

New version of desktop QuickBooks accomplishes goal of speeding up, refining your workflow. If Intuit named its desktop versions of QuickBooks by the version number rather than the year, we’d be in version 20-something by now. QuickBooks, still the preferred … Continue reading

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