Charitable giving really picks up toward the end of the year, most visibly with Giving Tuesday, which is of course the Tuesday after Cyber Monday, which is the Monday after Black Friday, which is the day after Thanksgiving. I don’t know if it’s the cold weather, or the actual lessons… Continue Reading..
Despite the warm temperatures, if you look closely, you'll see that some of the leaves are beginning to change colors and some are even falling. Soon, the air will catch up and cool down. With Labor Day over and the school busses on the streets, I'm thinking about fall and… Continue Reading..
A lot of new business owners commingle their personal finances with those of their businesses. That's okay...if you're a bookkeeper. If you’re not keeping categories and reconciling your bank accounts, it may prove difficult. A lot of stakeholders in businesses — both startups and companies that have been in business… Continue Reading..
Tax day is Tuesday, April 17, 2018 — but get your taxes in by April 15! I know some people have yet to crack open their books. I can hear them now: Oh , tax day isn’t until the 17th, that means I get 17 more days before I have… Continue Reading..
Being a bookkeeper is easy: add this, subtract that, and divide by twelve for the monthly number. It’s like working the front desk at a hotel. But what if you arrive at the hotel with bags under your eyes and a pounding headache (like the total hot mess that you… Continue Reading..
I try to be as comprehensive as possible with my posts, but the fact of the matter is that I often find out more on a topic after I’ve written about it. Tax fraud, in particular, is a vast and sprawling criminal industry in which innovators are constantly perfecting their… Continue Reading..
New Tax Alert: In an effort to combat the growing problem of tax fraud, the IRS has updated its rules for payroll tax filing. Instead of February 28, W2s and 1099s needed to be filed by January 31, 2017. If you have not already done so, drop everything and see… Continue Reading..
The size and scope of receipts has gotten ridiculous. Whether you’re buying bottled water at CVS or lunch at Boston Market, you’re likely to get a receipt that is at least a foot long and loaded with type that says: How did we do? Call our toll-free number and receive… Continue Reading..
Many people assume that I work exclusively with elderly clients, and I get it: I am a former board member at Silver Source of Stamford, I have many clients who are seniors, and I love working with them. The truth is that only 30% of our client base can be… Continue Reading..
A worker is considered a contractor only if they have their own business. An example of a subcontractor is when someone contracted by the business performs work for it. The Department of Labor and the IRS have begun a renewed effort to put an end to what they call decades of abuse… Continue Reading..