IRS Will Request QuickBooks (and other electronic) Files During An Audit

Tweet “The IRS has initiated a new examination program for small businesses in the past year. This is affecting all examinations of small businesses if they use any electronic accounting software.” As a QuickBooks®consultant, I am here to help you understand the issues and assist the small business client in preparing for the examination. ‘The typical [...]

Avoid 3 Common Payroll Mistakes

Tweet There are 3 common payroll mistakes small companies make. Each one is easy to avoid if you are aware of it. 1. Refusing a W-4 even if you happen to know it is inaccurate. Do not question a W-4 that has not been altered unless the employee tells you that it is false. But, you can advise [...]

Price Increase for Intuit Direct Deposit; 1099s, W2s, etc.

Tweet Direct Deposit If you process payroll using QuickBooks and are signed up to Direct Deposit, the fee has increased to $1.45  per paycheck. The fee is automatically deducted from your bank account and recorded in QuickBooks within the payroll tax liabilities transaction. Check out our Payroll Services and contact us for pricing. 1099 & [...]

1099-MISC Not So Easy To Prepare This Year

Tweet Used to filing your own 1099s? This year is the first the IRS is requiring us to separate payments made to our vendors by cash or check from payments made by credit/debit cards and third-party payment services like PayPal in the 1099-MISC form. Third-party payment processors like Paypal are now required to report all [...]

Ready to File?

Tweet The IRS is now accepting filing of tax returns through their E-File system. Keep in mind the deadline for your employer to issue W2s and 1099s is January 31st 2012. Don’t file until you have all tax forms on hand.