The date most people associate with the IRS and taxes is April 15. But the reality is that there are many important dates and deadlines both individuals and businesses need to be aware of as we head into the 2017 tax filing season. Missing one of these tax deadlines can result in costly penalties, not to mention headaches and hassle. Best to avoid all that! Similar to last year, April 15 … [Read more...]
IRA Contributions can Help Protect Your Taxable Income
We all work hard for our money, and when tax season rolls around, it’s hard to comprehend the idea that we might have to fork some of it over to the government. One of the ways to reduce your taxable income is to open and contribute to an IRA. IRA Contributions An IRA, or individual retirement account, is a retirement savings account. There are several different types including SIMPLE IRA, SEP … [Read more...]
Featured Client: Mendon Area Real Estate
Preparing for Tax Season It’s that time of year. That big box of receipts lurking in the shadows of your office is calling you...it’s taaaax tiiiiime, taaaaax tiiime! Before you know it, you’ll be stuck going through a big mess of papers. And then you’ll have a big bill from your CPA after he/she has spent hours reconstructing last tax year’s information to prepare this year’s tax … [Read more...]
A Writeup Project: Migrating your Accounting Data
So, you’ve got boxes of records and bags of receipts, and every year, tax time hits you and your small company like a ton of bricks. After tax time ends, you’re left with a hefty bill from your CPA and a nagging feeling that you forgot something. Did you capture all of your deductions? What about that time you paid for that new office computer or that lunch for a client in cash? Wait, how many … [Read more...]
Switch over to QuickBooks and Get a Fresh Start!
Are you finding it hard to keep track of your accounting data? Spreadsheets, bank statements, shoeboxes of receipts? Not having an organized accounting system can waste valuable time and money, causing frustration. We recommend our clients use QuickBooks accounting software to enjoy simple, stress-free accounting data management. Benefits QuickBooks is an accounting software designed to help … [Read more...]