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Never to early to start planning, beginning with deadlines The IRS filing deadlines are as follows for 2018 returns: Pass-Through Entities S-Corporations and Partnerships Forms 1120S/1065 Due Date: March 15, 2019 Extension Date: September 16, 2019 Corporations C-Corporations Forms 1120 Due Date: April 15, 2019 Extension Date: October 15, 2019 Individuals Personal Forms 1040 / Sched…
The Hidden Costs of Hiring
Ready to hire that 1st employee? Expand your workforce? Keep in mind there are costs you will pay beyond the hourly wage! OK, so your business is growing, you have budgeted $400 a week to pay your new employee. ($10 per hour for 40 hours.) You write that 1st paycheck for $400 and voila, you…
Cloud | How-To | Practice Management | Tax | WorkFlowPractice Ignition Gives Your Firm a Kick in the Admin
Practice Ignition adds efficiency to client administration, leaving you the time to do what you love. We have been using Practice Ignition for about 2 years now. It was this years tax extension filing season when we seen that a-ha moment. I have loved Practice Ignition from first sight, but once we got access to payments, it took…
Tax ID Theft Protection on the Way
Image Credit: http://media.graytvinc.com/ With the incidents of tax id theft on rise, the IRS is working on curbing this out of control issue. Ordinarily, you would have had to be a victim of tax id theft to apply for the IRS Pin. In an effort to be proactive, the Internal Revenue Service is testing a…
Florida, protect yourself from tax ID theft!
Tax ID theft is rampant in Florida. The IRS is taking steps to protect you. Florida is 1 of 3 test markets to help protect taxpayers. With the incidents of tax identity thefts rising, the IRS is working on curbing this out of control issue. Ordinarily, you would have had to be a victim of…
Accounting | entrepreneur | Property Management | Real Estate Agent | Real Estate Broker | Small Business | Taxes | XeroKeeping good records, be in the know
Keep it separated Some of the real estate agents we have worked with were shocked when they got their tax bill. They owed more to the IRS due to not capturing all of their expenses. They had been missing out on thousands of dollars of deductions because they are not keeping good records. The primary…
