4 Ekim 2012 Perşembe

Romney's 47% Comments Distance Him from Bush-Era Republicans

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ABA Tax Accounting | Tax Services

Eleven years ago, eliminating income taxes for low-income Americans was an applause line for a Republican president. Mitt Romney in 2012 sees the number of people paying nothing as a political problem. To read the full story click here. For more info please contact us: ABA Tax AccountingAmare Berhie, Senior Tax Accountantamare@abataxaccounting.com612-282-3200866-936-0430 Toll freehttp://www.youtube.com/watch?v=yWvYfSr40Fwhttp://www.abataxaccounting.com

Closing a Business

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ABA Tax Accounting | New Business Formation | St. Paul, MN Accounting Firm

What Business Owners Need to Know About TaxesSmall Business Accounting  Starting, Operating, or Closing a Business - Important tax information related to the various stages of owning a business. There is more involved in closing your business than just locking the doors. There is a procedures for getting out of business, including what forms to file and how to handle additional revenue received or expenses you may incur. Considering a Tax Professional? For no obligation free consultation contact us today!ABA Tax AccountingAmare Berhie, Senior Tax Accountantamare@abataxaccounting.com612-282-3200866-936-0430 Toll Freehttp://www.abataxaccounting.comwww.abatax81.blogspot.comwww.abataxaccounting.wordpress.com

Paying Independent Contractors

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ABA Tax Accounting | Small Business Accounting | St. Paul, MN Accounting Firm

What Business Owners Need to Know About TaxesSmall Business Accounting If you pay independent contractors, you may have to file Form 1099-MISC, Miscellaneous Income, to report payments for services performed for your trade or business. If the following four conditions are met, you must generally report a payment as nonemployee compensation.·         You made the payment to someone who is not your employee;·         You made the payment for services in the course of your trade or business (including government agencies and nonprofit organizations);·         You made the payment to an individual, partnership, estate, or in some cases, a corporation; and·         You made payments to the payee of at least $600 during the year. Considering a Tax Professional? For no obligation free consultation contact us today!ABA Tax AccountingAmare Berhie, Senior Tax Accountantamare@abataxaccounting.com612-282-3200866-936-0430 Toll Freehttp://www.abataxaccounting.comwww.abatax81.blogspot.comwww.abataxaccounting.wordpress.com

What's New in QuickBooks Pro 2013?

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ABA Tax Accounting | QuickBooks Pro | St. Paul, MN Accounting Firm

QuickBooks Accounting Services - The latest version of QuickBooks Pro features a refined layout, simplified navigation, and other improvements to help you do more with QuickBooks.
IMPROVED! Find what you need with improved readability and customizable navigationGet the information you need more easily. Larger fonts and a refined color scheme improve readability to help you focus on the task at hand. The new, customizable left navigation bar provides easy access to your open windows and most common tasks.
IMPROVED! Accomplish key tasks with the Ribbon tool bar and simplified layoutInvoices, Estimates, Sales Orders, and other forms now have a simplified layout for better access to actions previously hidden or requiring several clicks to execute. The new Ribbon format makes finding the actions you need faster and easier.
IMPROVED! Customize contact information fields in the Customer, Vendor, Employee CentersExpanded contact information fields are now more customizable, allowing up to 8 contact fields and multiple notes per contact. New tab functionality enables you to view transactions, contacts, to-do's, and notes on the same page.
IMPROVED! Do more with add-on applicationsExtend the use of your QuickBooks with add-on applications and money-saving features right in QuickBooks (additional purchase may be required).For no obligation free consultation contact us today! ABA Tax AccountingAuthorized QuickBooks Affiliate612-282-3200 Toll Free (866) 936-0430 www.abataxaccounting.comamare@abataxaccounting.comQuickBooks Accounting Services

Help! What If I Can't Make My IRS Payment?

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If you are one of thousands of taxpayers who are in a payment plan with the IRS, but due to current economic conditions cannot make your payment, you have options. If you have lost your job and your entire financial situation has changed, you need to contact the IRS and be prepared to lay out your new situation. If you expenses have not changed and your income is all that has changed, you may just need proof (like a termination letter) you no longer have a job.

If your expenses have changed as well, you may need to provide proof of those changes as well. When you talk to the IRS, only say what has happened and answer honestly and completely any questions they may ask. Do not volunteer information, except to briefly explain your situation. Don't get chatty, even if the person you talk is friendly and personable, remember, they work for the IRS. You could make one simple statement that could cause you problems.

If your liability is substantial and you need assistance, contact an Enrolled Agent, who can represent you before the IRS. What ever you do, do not ignore your situation. If you default you payment plan, the IRS can levy your bank accounts, retirement accounts and file a lien even if your tax liability is low. Call either the IRS or an Enrolled Agent before the IRS makes a bad financial situation even worse.

3 Ekim 2012 Çarşamba

Pay less tax! What's New with Self-employment tax for 2012?

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ABA Tax Accounting | Small Business Accounting

Small Business Accounting  The maximum net self-employment earnings subject to the social security part of the self-employment tax is $110,100 for 2012. For no obligation free consultation contact us today!ABA Tax AccountingAmare Berhie, Senior Tax Accountantamare@abataxaccounting.comABA Tax AccountingAmare Berhie, Tax Advisoramare@abataxaccounting.com612-282-3200866-936-0430 Toll Freewww.abataxaccounting.comwww.abatax81.blogspot.comwww.abataxaccounting.wordpress.com

Romney's 47% Comments Distance Him from Bush-Era Republicans

To contact us Click HERE
ABA Tax Accounting | Tax Services

Eleven years ago, eliminating income taxes for low-income Americans was an applause line for a Republican president. Mitt Romney in 2012 sees the number of people paying nothing as a political problem. To read the full story click here. For more info please contact us: ABA Tax AccountingAmare Berhie, Senior Tax Accountantamare@abataxaccounting.com612-282-3200866-936-0430 Toll freehttp://www.youtube.com/watch?v=yWvYfSr40Fwhttp://www.abataxaccounting.com