What You Need to Know: Year End and 2018

What You Need to Know: Year End and 2018 With the holidays upon us, year-end responsibilities can be the last thing on your mind. Intuit shared important reminders and changes coming in 2018. Refer to this guide when working in QuickBooks or preparing your taxes in the coming months. Running Final Payroll for 2017 Direct deposit deadline for 2017 The …

Updates to Travel Reimbursement per diems.

Updates to Travel Reimbursement per diems. With the holidays coming up, traveling for pleasure will certainly be on the rise. But we didn’t forget about those businesses who are still recording travel expenses! According to the American Institute of Professional Bookkeepers, travel reimbursement per diems have been updated. These federal per diem rates can be used by businesses to reimburse …

IRS warns against “double-dipping”

IRS warns against “double-dipping” Small business owners are attracted to insurance plans that provide a variety of wellness benefit programs, but one important question this raises is: are wellness program benefits tax free or not? A fair amount of the employee benefit plans being promoted to small businesses do not qualify for the advertised benefits, resulting in what the IRS …

Tax Season is Coming: Dates to Watch For

Tax Season is Coming: Dates to Watch For For business owners, tax season can be quite daunting. Don’t get lost in the deadlines and due dates! The American Institute of Professional Bookkeepers has released a Tax Calendar and a list of Payroll due dates all businesses should be mindful of in the coming months. Below is a helpful guide to …

CYBER ATTACK! Will you be ready?

CYBER ATTACK! Will you be ready? In today’s world of cyber dependence, the need to arm yourself and defend your infrastructure is no longer an option.  Despite firewalls, malware filters and antivirus software, hackers know the tricks that cause you and your team to invite them in to your business, and if you are not prepared, the consequence can be …