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WE
PROVIDE BUSINESS SERVICES:
- QUARTERLY
PAYROLL REPORTING
- W2's
and 1099's
- COMPUTERIZED
BOOKKEEPING
- SALES
TAX REPORTS
- NEW
BUSINESS STARTUP - FILING SS4 ETC
BUSINESS 2009 TAX TIPS
- BONUS DEPRECIATION FOR BUSINESSES IS BACK FOR 2009!
179 Depreciation has also increased but limited to your business
income
- MISSCLASSIFED WORKERS IS STILL A BIG ISSUE WITH IRS
New form 8919 can help some workers to play less
IRS will go after businesses not paying payroll taxes when they
should.
- SMALL BUSINESSES BEWARE!
IRS is aware that 20% of the tax gap is due to sole
proprietors under reporting their income by an estimated 50%.
Therefore, IRS will increase tax audits for these businesses
- (Schedule C taxpayers). As a small business make sure you
keep good records. We can help with our bookkeeping for small
business.
- FOR CELL PHONES AND BUSINESS MILEAGE KEEP A LOG
- A DEDUCTIBLE BUSINESS EXPENSE IS ANYTHING ORDINARY (COMMON
TO YOUR BUSINESS) AND NECESSARY (HELPFUL) TO YOUR BUSINESS.
- FOR MEALS AND ENTERTAINMENT - HAVE THE 4P’S AND
A D BELOW
PERSON PLACE PURPOSE PRICE DATE
OTHER SOURCES
TO HELP YOU WITH YOUR SMALL BUSINESS:
Small Business Administration
(SBA) Business Information Centers (BIC) are IRS agencies that
distribute forms and publications especially for the small business.
Visit them at www.sba.gov.
Association of Small
Business Development Centers (ASBDC) is another agency that partners
with IRS to provide workshops for training, start-up and transitioning
businesses. Visit them at www.asbdc-us.org
or call SBA toll free at 1-800-U-ASK-SBA.
We are "Quickbooks
advisors" and can help you with your small business bookkeeping.
All small businesses should have a bookkeeping system. You can
do this from your PC at home with a bookkeeping software or let
us do it for you. You can purchase software at a discount through
us. Go to Quickbooks.com.
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