Payroll Self-Audits
Most business owners would have NO IDEA what to do or how to respond to any kind of a payroll audit! That is one of the many reasons that self-audits are an invaluable tool for remaining compliant and...
View ArticleMileage Reimbursement Rate DECREASES for 2014
The federal limit for employee mileage reimbursement has decreased 1/2% from $0.565 in 2013 to $0.56 for 2014! Change your company reimbursement forms accordingly!
View Article1099 & 1099-K Helpful Tips for QuickBooks® 2012-2014
With the changes that occurred in tax year 2011, the IRS requires you to exclude any payments you made by credit card, debit card, gift card or third-party payment network such as PayPal from Form...
View ArticleIRS issues tips on using Payroll Services
Have you read in the newspapers about unscrupulous payroll services embezzzling their clients tax deposit money? Now, I’m not talking about the “big boys” like PayChex and ADP, but there are so many...
View ArticleSAGE MAS 90/200 Version Retirement Updates for December 2014
Sage ERP MAS 90, 200 and 200 SQL version 4.5 will be retired as of December 31, 2014. After retirement, product updates (including quarterly and year end updates: AP, Payroll and Electronic Reporting)...
View ArticleGet ready now! 1099 & 1099-K Reporting in QuickBooks!
The IRS requires you to exclude any payments you made by credit card, debit card, gift card or third-party payment network such as PayPal from Form 1099-MISC. These payments are being reported by...
View ArticleAre you Ready? 1099 reporting is just around the corner!
Now is the time to review your financial reports and determine if you have all the information that you need to get thru the tax filing process easily and smoothly! You will need to assess if all...
View ArticleGet Ready Now! 1099 reporting with Sage 100.
The first step in a smooth, successful, year end 1099 reporting process, is to make sure you have the required W9 form from all the Independent Contractors that you do business with. Then you need to...
View ArticleHave you funded your retirement for 2016?
With the end of the year just around the corner, you will want to seriously consider your retirement funding, so here are the 2016 Qualified retirement plan limits: $ 18,000 – Pretax contribution...
View ArticleImportant W-2 & 1099 Deadlines are coming quickly!
The IRS has changed the previous 2 date deadlines to a single January 31 deadline. This means that beginning with the January 2017 filings you are required to not only provide forms W-2 to your...
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