Archive for the 'Managing Taxes' Category
Why compliance is dead Compliance will keep you out of prison but will not protect your job or brand — because every regulation is based on things which happened in the past. Every new scandal creates demand for new regulation and public emotion changes. You will be judged not by whether you complied with what [...]
March 06 2010 | Managing Taxes | No Comments »
Is there a law to file an Income tax return? Here is the video on Youtube:
February 13 2010 | Managing Taxes | No Comments »
Why do I need insurance cover? Attitudes to insurance vary. Some believe it to be a ‘necessary evil’ whilst others have a strong belief in the protection of their business, which insurance affords. An insurance policy is a legal contract which must be expressed in relatively complex legal terms. It is a promise to provide [...]
August 08 2009 | Managing Taxes | No Comments »
Continuation of part 1 of the article: 6. 1099 Preparation. This isn’t a QuickBooks and Turbo Tax issue, but still applies since it’s for a similar time of year. Get it set up the right way: From the Edit menu, select Preferences. Select the Tax:1099 preference. Click the Company Preferences tab. Where it says, “Do [...]
January 13 2008 | Managing Taxes and Money Management | No Comments »
By Jennifer A. Thieme If you are interested in using QuickBooks and Turbo Tax, there are some important steps you need to do before filing. Take care of these steps to ensure that your income tax returns are as accurate as possible. 1. Reconcile Accounts. All Balance Sheet accounts in the Chart of Accounts (COA) [...]
January 12 2008 | Managing Taxes and Money Management | No Comments »