December 2012 Small Business Tax Dates

DECEMBER BUSINESS TAX DATES Dec 5- Deposit payroll tax for payments on Nov 28-30 if the semiweekly deposit rule applies. Dec 7- Deposit payroll tax for payments on Dec 1-4 if the semiweekly deposit rule applies. Dec 10- Employers: Employees are required to report to you tips of $20 or more earned during November. Dec 12- Deposit payroll tax for payments on …

November 2012 Small Business Tax Dates

NOVEMBER BUSINESS TAX DATES Nov 2- Deposit payroll tax for payments on Oct 27-30 if the semiweekly deposit rule applies. Nov 7- Deposit payroll tax for payments on Oct 31-Nov 2 if the semiweekly deposit rule applies. Nov 9- Deposit payroll tax for payments on Nov 3-6 if the semiweekly deposit rule applies. Nov 13- Employers: Employees are required to report to …

Great Ways to Increase Productivity During a Recession

I think we would all agree that economically, times are hard.  Are you like one of the many businesses struggling to remain  profitable, or even keep your doors open? Ã‚ Are you trying to find ways to deal with economy in unique ways? Ã‚ The following ideas are technology-based and easy to implement. Technology, during these economically hard times, is a great way to help …

2013 Tax Scenarios

  Well, elections are right around the corner and we know how overwhelming all the information on commercials and debates can be so we decided to give an overview of where both candidates stand in regard to tax policies. Ã‚ Ãƒâ€š  *** Note that we are not giving support to either candidate…we just want you to be well-informed on November 6.   …

Construction Accounting is Tough!

Businesses in the construction industry face challenges every day that most other type of companies do not. Construction contractors have complicated accounting rules when reporting long term contracts and spec homes. In addition to the complicated income tax reporting that is sometimes required there are many other factors effecting things day to day like subcontractors, payroll, job costing, and estimating …

Business Car? Check out these 2 deductions!

If your car is used for business purposes, whether you are self-employed or an employee, you can get the benefit of tax deductions.   You have 2 choices for claiming deductions on a business car:   You can deduct the actual business-related costs of gas, oil, lubrication, repairs, tires, supplies, parking, tolls, drivers’ salaries, and depreciation.  Ã‚ Use the standard mileage …

September 2012 Small Business Tax Dates

September Business Tax Dates Sept 6- Deposit payroll tax for payments on Aug 29-31 if the semiweekly deposit rule applies. Sept 7- Deposit payroll tax for payments on Sep 1-4 if the semiweekly deposit rule applies. Sept 10- Employers: Employees are requiredto report to you tips of $20 or more earned during August. Sept 12- Deposit payroll tax for payments on Sep …

High Temperatures and High Utility Bills Making You Consider “Going Green”?

Residential Energy Tax Credits for 2012 Are your high utility rates making you think about âہ“going green” and making your home more energy efficient?  This is the perfect time to do so especially if you want to take advantage of the residential energy tax credits available to homeowners. The Residential Energy Efficient Property Credit is available to individual taxpayers to …

A 5 Part Series on Business Plans: Part 5- Supporting Documents

Lenders will want to see documentation that supports all of your information.  There are many types of documents that can be included, but there are several that are considered to be the most common. Personal resumes  should be included for all owners and anyone in management. Each resume should be a one-page document that includes work history, educational background, special …