AdvantEdgeBLOG - Tax Alerts category

Husband and Wife Business

Tue, 23 Feb 2010 23:38:00 GMT

One of the advantages of operating your own business is hiring family members. However, the employment tax requirements for family employees may vary from those that apply to other employees. Here are some issues to consider when operating a husband and wife business.

Starting up a New Business??

Tue, 23 Feb 2010 23:19:00 GMT

There is a special tax treatment for expenses you incur before you actually begin business operations.

COMEDY! . . . . and the I.R.S.?!?

Thu, 18 Feb 2010 23:36:00 GMT

While researching a question on the I.R.S. website recently, I had to stop dead in my tracks and laugh right out loud! Now, I know, over the 20^th century, some of the biggest ‘mobsters’ that law enforcement couldn’t put behind bars, eventually ended up there for “tax evasion”, but I surely didn’t know . . . .

CA Tax Withholding for Independent Contractors!

Fri, 15 Jan 2010 22:32:00 GMT

Payments to independent contractors that are subject to federal backup withholding are subject to state backup withholding at a 7% rate.

HELP ME!! It's Year End!

Thu, 14 Jan 2010 22:38:00 GMT

In addition to the Month End and Year End checklists in article: http://tinyurl.com/YR-END-Cklist. Read on for hyperlinks for additional sources of help.

Month End and Year End Checklists

Thu, 14 Jan 2010 18:40:00 GMT

Here are twenty Critical Areas for Review at Year End. If you ordinarily perform month-end closing activities you may have already completed the following tasks in "Part One". Otherwise, please review this list before moving on to “Part Two: Closing Your Books at Year-End.”

QuickBooks Payroll Updates

Thu, 31 Dec 2009 14:48:00 GMT

QuickBooks cannot update state unemployment rates for you because SUI rates are usually unique to each employer. Many state agencies send employers new rate notices by the end of December. With the latest release of QuickBooks 2010, you can update your SUI rate as soon as you receive a rate notice from the state agency!