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Season’s Greetings!

Wishing You and Your Loved Ones a Happy Holiday Season and a Prosperous . . . → Read More: Season’s Greetings!

You may owe the IRS more than you think.

 

You may owe the IRS more than you think.
 Joe Payne hits another well meaning small business… 

 

Meet Consuela Consultant.  She runs a very busy information technology consulting firm.  Like Woody, she bought QuickBooks and uses it to record her transactions faithfully every weekend.  She likes the program because it is so easy to use.  Every weekend, she . . . → Read More: You may owe the IRS more than you think.

We warned you in the last article, but now it’s time to meet Joe Payne…

Woody started a very successful Widget business earlier this year.   He was the best Widget maker in town, and business was booming.  Things couldn’t be better.  He decided to cut his overhead costs by doing his own bookkeeping.  He went out and bought QuickBooks, and made an honest attempt to keep his books up to date.  After . . . → Read More: We warned you in the last article, but now it’s time to meet Joe Payne…

You Are Probably Going to Lose Money This Year

If not, you need to call Seacoast Accountability NOW for a ten point check up.
 
Chances are that you may have overstated income and/or expenses, or are missing valuable deductions you could claim at tax time.  Let us help you fine tune your financial information for a more accurate estimate of your tax situation for this year, . . . → Read More: You Are Probably Going to Lose Money This Year

Business Mileage Rate Increased Effective July 1, 2011

IRS Correction: 2011 Standard Mileage Rate Increase
 

Hello,
Here is a quick news update:
 
The IRS has sent a correction out via their newsletter, correcting the increase in the business mileage rate to 55.5 cents per mile, effective July 1, 2011.  Click the link to read the official notice.

Please contact us if you have . . . → Read More: Business Mileage Rate Increased Effective July 1, 2011

Direct Sellers-Free IRS Webinar July 27, 2011 at 2PM EST

IRS Webinar – Wednesday, July 27th 2011 
 

  

If you do direct sales, we have found an IRS webinar that we thought you might be interested in.
 
The IRS is offering a  free July 27 webinar, at 2 PM Eastern Standard Time.   This webinar will cover who is a direct seller, business income and expenses including travel, transportation, meals . . . → Read More: Direct Sellers-Free IRS Webinar July 27, 2011 at 2PM EST

Time for Your Mid-Year Financial Check-Up

Hello:  
Half the year is over – do you know how you are doing financially?
Now is the time to review and make adjustments to avoid year end surprises.

Verification and set up of all accounts needed to track tax deductions
Correction of bookkeeping entries that could skew net income figures
Review of cost classifications and balance sheet transactions
Verification of bank and other . . . → Read More: Time for Your Mid-Year Financial Check-Up

Stop Making Mistakes in QuickBooks!

The Top Ten Mistakes to Avoid

 Learn from real life case studies:

Were you surprised that your tax return didn’t match your QuickBooks?
Are you certain your QuickBooks is set up correctly?
Are you frustrated with QuickBooks?
Can your QuickBooks pass an IRS audit?
Are your QuickBooks mistakes costing you time and money?

Come join us for a two hour presentation that will . . . → Read More: Stop Making Mistakes in QuickBooks!

Get Your 2007 Refund, Before It’s Too Late

Did you know that the IRS can refuse to issue you a refund?  Even though you overpaid the tax out of your hard earned money, they can refuse to give the overpayment back to you, if you file the tax return more than three years from the original date that it was due.

It is estimated that . . . → Read More: Get Your 2007 Refund, Before It’s Too Late

Welcome to Our Blog!

Welcome to our blog about accounting, bookkeeping, payroll, tax and other issues. Feel free to leave a comment, or ask a question. We moderate comments on a daily basis. Please make your comment specific to the article, to avoid being . . . → Read More: Welcome to Our Blog!

Time is Running Out-2010 Only Self Employed Tax Savings

We posted this as a Hot News Flash in a separate newsletter that went out to our readers.  I wanted to be sure to include it here on the site, for those of you that don’t subscribe to the newsletter.  For tax year 2010 ONLY, you can reduce the amount of self employment tax by the amount . . . → Read More: Time is Running Out-2010 Only Self Employed Tax Savings