October 23, 2016
W-2/1099 Filer EG Systems Inc. www.w21099.com Best Firm Fit: Accounting firms that currently or plan to handle year-end compliance reporting and filing for multiple clients. Product Strengths Users can easily access prior year data Offers both federal and state electronic form filing Very affordably priced Potential Limitations Does not offer an online version of the...…
October 23, 2016
Wolters Kluwer Tax and Accounting, North America, Small Firm Segment http://cchsfs.com/professional-accounting-software/ Best Fit: The product works best for smaller firms that are currently using other Wolters Kluwer Tax and Accounting, North America, Small Firm Segment products which include ATX, TaxWise, and Payroll. Product Strengths: Product is designed to work with other Wolters Kluwer Tax and...…
October 23, 2016
For businesses of any type that may hire a contractor, it’s imperative that a system be in place to ensure that 1099’s are processed on a timely basis. Late or missing filings run the risk of both IRS and other state or local taxing organizations for ...
September 13, 2016
Election years often bring a flurry of legislative and regulatory activity that could significantly impact employers. And, as we mentioned in the first part of this two-part series, this election cycle is no different, as Pres. Barack Obama prepares t...
September 12, 2016
If you’re ready to take a look at expense management software, take a few minutes to determine exactly what your firm or business needs help with – be it flights, hotels, client entertainment, meals, or rental cars. Having an organized way of ...
September 6, 2016
According to IRS Commissioner John Koskinen, the number of victims of tax-related identity theft dropped 48% in the first half of 2016, as compared to the first half of 2015. Further, the number of suspicious refunds that financial institutions ...
August 29, 2016
With about two months left before the presidential election, Republican nominee Donald Trump still hasn’t made his tax returns available to the general public. And it doesn’t look like the billionaire is going to do it anytime soon or even before voters g
August 26, 2016
There’s a whole new world of commerce out there that’s being called the “sharing economy” and while it might appear to be a simple exchange, it comes with a lot of tax implications. Airbnb, DogVacy, TaskRabbit and Liquid are all examples of the trend ...
August 19, 2016
Election years often bring a flurry of legislative and regulatory activity. And this presidential election year is no different, as President Barack Obama tries to push through his final agenda items before leaving the White House.
August 18, 2016
The IRS will never call to demand payment using a specific payment method such as a prepaid debit card, gift card or wire transfer. Generally, the IRS will first mail you a bill if you owe any taxes. The will not contact you by email, either.
August 18, 2016
As the final weeks of summer tick away, back-to-school sales are ramping up and it's time to think about getting those kids back in the classroom. It's also a good time to think about a variety of tax breaks and deductions available for qualifying ...
August 18, 2016
After the economy, the other issues cited by small business owners as most important follow in order as health care reform (10%), tax reform (9%), jobs and employment (6%), and immigration (6%).