Taxes December 19, 2024
The optional standard mileage rate for automobiles driven for business will increase by 3 cents in 2025, while the mileage rates for vehicles used for other purposes will remain unchanged from 2024.
December 18, 2024
December 16, 2024
December 12, 2024
December 3, 2012
In more than 35 years as a certified public accountant, Greg Sevier said this year has probably been the most challenging one in which to do tax planning for clients.
December 2, 2012
A certified public accountant and purported outside auditor for Provident Capital Indemnity Ltd. was sentenced in Richmond, Va., to 54 months in prison for his role in an approximately half-billion-dollar fraud scheme that affected more than 3,500 victims throughout the United States and abroad
November 13, 2012
The new software module is designed to provide U.S. businesses with the tools they need to pay 1099 contractors and non-employees, to prepare vendor accounting reports, and comply with IRS rules and regulations relating to vendors and independent 1099 contractors.
November 12, 2012
The Illinois CPA Society has made finding a trusted tax professional easy. Their new free and easy-to-use "Find a CPA" directory allows individuals, businesses and not-for-profit organizations to do a simple search through a database of member CPAs.
November 9, 2012
Marijuana is now legal in several states, and legal for purely recreational purposes in at least three. This will bring new tax revenues into state coffers... But, will the Feds allow it, and does it matter socially?
November 5, 2012
Ron Eagle Joins Avalara as Strategic Advisor, as Accounting & Advisory Services Program Continues to Expand. Next phase of development for Avalara’s fast-growing accountants program includes international outreach.
October 29, 2012
Form Magic, Inc. – Tax-Mate 1099888-746-0440www.FormMagic.com From the Nov. 2012 Review of W-2 and 1099 Preparation programs. Best Fit: Accounting firms working with large clients that need various import and integration options Strengths Multiple options for importing and entering data Multi-client management tools Built-in diagnostic tools Potential Limitations No built-in invoicing option 2012 Tax-Mate 1099...…
October 29, 2012
AccountantsWorld – After-the-Fact Payroll866-999-1366×517www.AccountantsWorld.com From the Nov. 2012 Review of W-2 and 1099 Preparation programs. Best Fit: Accounting firms that need to manage year-end compliance and after-the-fact payroll for multiple clients. Strengths Web-based remote access Multi-client views and dashboards Integration with AccountantsWorld suite E-filing of federal and state forms Potential Limitations Doesn’t have built-in invoicing...…
October 29, 2012
Spokane Computer Inc – MAG-FILER800-565-6576www.spokanecomputer.com From the Nov. 2012 Review of 1099 and W-2 Preparation programs. Best Fit: Accounting firms managing year-end compliance for multiple clients. Strengths: Supports multiple import and export formats Offers service bureau option for entire reporting process Performs TIN Verification before submitting Potential Limitations: No built-in invoicing feature MAG-FILER allows users...…
October 29, 2012
Tenenz – Laser Link – W2/1099 Review800-888-5803www.tenenz.com From the Nov. 2012 Review of W-2 and 1099 Preparation programs. Best Fit: Practices managing year-end compliance and reporting for multiple small business clients Strengths Easy interface and data entry Unlimited free e-filing Inexpensive Potential Limitations Limited import, export and integration capabilities No built-in invoicing feature Tenenz, provider...…
October 29, 2012
IDMS, Inc. – Account Ability Tax Form Preparation888-IDMS-inc (436-7462)www.IDMSinc.com From the Nov. 2012 Review of W-2 and 1099 Preparation programs. Best Fit: Firms managing year-end compliance and ATF payroll for multiple mid- to large-sized businesses Strengths Complete print and mail services available Comprehensive reports Built-in document management feature Potential Limitations Built-in billing and invoicing features...…
October 29, 2012
EG Systems, Inc. – The W-2/1099 Filer800-264-3155www.W21099.com From the Nov. 2012 Review of W-2/1099 Preparation programs. Best Fit: Accounting practices managing year-end reporting for multiple clients. Strengths Comprehensive state, federal and local form support Batch filing and printing options Supports multiple data formats Remote and local backup options available Potential Limitations ATF Payroll offered as...…