Important Dates, Deadlines & Reminders

TAX TIP: Use QuickBooks Online to Ease Estimated Tax Nightmares

DID YOU KNOW? Figuring out estimated taxes can be a big PITA if you don’t have a bookkeeping system…and doing your own books can be even more overwhelming….until now! If you pay estimated tax, and your income fluctuates, you may wish to adjust estimated tax installments you owe throughout the year, say if you’re not earning as…

Tax Extension expires October 15!

Did You File an Extension last April? It expires on October 15th! Are you ready? Need help with any of this stuff? Please feel free to contact me anytime to discuss your situation. I look forward to helping you!

Time for a QuickBooks Check-Up!

Title: Schedule your QuickBooks Check-Up Date: Now Have you ever worried that there might be something wrong with your QuickBooks file, or feel like you may need a little QuickBooks help from an expert accountant & QuickBooks Proadvisor? It’s a feeling that many people have, because Intuit tells everyone they can do their own books…

Need to File Form 1099? Save Time, Money on Forms, Envelopes

Here’s a time and money-saving suggestion for everyone still looking to purchase blank 2013 1099-misc forms: You can save a lot of money over the higher prices you’ll pay if you were to order the forms from Intuit or pick them up from an office supply store. Amazon’s selection is wider and deeper than any…

Free Tool to Calculate 1040-ES Estimated Tax Payment Amounts (link)

Here’s a great resource I’ve located online for calculating how much you need to pay with the Form 1040-ES voucher. As a tax professional, I found this estimated tax payment calculator tool (link below) fairly straightforward to use. TAX TIP: If the tool I linked to below seems overwhelming or confusing to you, please consider…

List of IRS forms that 1040 filers can begin filing in March 2013

Per the IRS: “the following tax forms will be accepted by the IRS during the first week of March after updating forms and completing programming and testing of its processing systems. A specific date will be announced in the near future.” Form 3800 General Business Credit Form 4136 Credit for Federal Tax Paid on Fuels…

WHAT IS ESTIMATED TAX & WHY SHOULD YOU PAY IT?

If you receive taxable income that is paid to you without income tax withheld, you may owe estimated tax. You should make your estimated tax payment(s) on time in order to not be charged penalties and interest for paying late, (for instance if you wait until you file your tax return to pay all the…

How to Pay Your IRS 1040ES Estimated Taxes

The IRS accepts payment by mail, credit card, or online. The following instructions are from the IRS 2013 “Form 1040ES Instructions – “How To Pay Estimated Tax”: Pay Online: Paying online is convenient and secure and helps make sure we get your payments on time. You can pay using either of the following electronic payment…