Monthly Archives: February 2016

All About Past Due Tax Returns

Taxpayers neglect to file returns for countless reasons. If you’re one of them, here’s what you need to know. Believe it or not, there are individuals who don’t file tax returns even though they’re owed a refund. (They do have … Continue reading

Posted in save money, save on taxes, Tax, tax advice, Tax Return, Uncategorized | Tagged , , , , , | Leave a comment

Do you have enough emergency savings?

  A December 2015 survey by a consumer financial services company showed that 36% of the people who participated said they dealt with their most recent unexpected expense by using savings. Would you be part of that group? Read more. … Continue reading

Posted in Uncategorized | Leave a comment

Sunk costs could lead to bad business decisions

Do you think pulling the plug on a failed contract would be “wasting all the money” your business has spent to date? If so, you may be making the choice based on emotion and “sunk costs.” Sunk costs are past … Continue reading

Posted in Business, business help, New Business, Operations, Uncategorized | Tagged , , , , | Leave a comment

Form 1099 penalties increase sharply

Have you filed required Forms 1099 for 2015? The forms were due by February 1 to individuals you paid $600 or more in the course of your business during the year. If you haven’t completed Forms 1099, you’ll want to … Continue reading

Posted in Business, business help, Filing Taxes, tax advice, Tax Fraud, Tax Return, taxes, Uncategorized | Tagged , , , , | Leave a comment

What QuickBooks’ Calendar Can Do for You

Yet another calendar? Yes. It’s a good idea to use QuickBooks’ calendar to stay on top of your financial transactions. These days, some of us find ourselves updating multiple calendars. There’s the Outlook calendar or other web-based solution for scheduling … Continue reading

Posted in quickbooks help, QuickBooks Online, QuickBooks Tips, record keeping, Uncategorized | Tagged , , , , , | Leave a comment

Will this IRS due date extension hold up your tax return?

In December, the IRS extended the time to file for employers who were required to provide health care information forms such as Form 1095-C to employees. Because the new due date is March 31, you may be ready to file … Continue reading

Posted in Filing Taxes, IRS Articles, Tax, tax advice, Tax Return, Uncategorized | Tagged , , , | Leave a comment

Stay compliant with minimum wage laws

With some exceptions, the federal minimum wage is $7.25 per hour. But your state may require you to pay a different rate, and that rate may have changed as of January 1. When employees are subject to both state and … Continue reading

Posted in Payroll, tax advice, Uncategorized | Tagged , , | Leave a comment