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Paying Your Nanny and “Nanny Taxes”

Paying Your Nanny and “Nanny Taxes”

by Andrews Tax Accounting & Bookkeeping | Sep 22, 2021 | Educational

Hiring a Nanny Means Paying Payroll Taxes If you hire a nanny, you’ll be paying payroll taxes for them, also known as “nanny taxes.” Those can include Social Security and Medicare taxes, unemployment and more. And unlike Mary Poppins, all those bothersome details...
Celebrity Accountant

Celebrity Accountant

by Andrews Tax Accounting & Bookkeeping | Sep 15, 2021 | Amusement, Educational

Your Favorite Celebrity Could Almost Have Been an Accountant Celebrity accountant? Well, not us, unfortunately. We can’t remember the last time we were invited to walk the red carpet. Or given a Prada bag, or other fabulous freebies. But there are celebrities who...
Not an Accountant – Should You Take His Advice?

Not an Accountant – Should You Take His Advice?

by Andrews Tax Accounting & Bookkeeping | Sep 8, 2021 | Amusement, Educational

Who’s Not an Accountant? Your Well-Meaning Friend Who’s not an accountant? Your bartender is not an accountant. He may be a master of mojitos, a wizard of whiskeys, a full-on sipping savant. What’s more, he overhears all sorts of things from people while he tends bar....
Mixing Business and Personal Funds – Don’t!

Mixing Business and Personal Funds – Don’t!

by Andrews Tax Accounting & Bookkeeping | Sep 1, 2021 | Educational

Mixing Business and Personal Funds for Expenses Is Asking for Disaster Mixing business and personal funds is not uncommon – especially when you’re first starting your business – but it’s asking for trouble. At best you’re giving yourself more work to do. At worst, you...
Frustration Grows with IRS Delays

Frustration Grows with IRS Delays

by Andrews Tax Accounting & Bookkeeping | Aug 27, 2021 | Educational

IRS Delays Causing Headaches for Millions IRS delays are stretching out longer and longer as millions wait for tax refunds, according to a recent article in Accounting Today. Some frustrated taxpayers are still waiting for the tax agency to even process their tax...
Company Picnic: Fun and Deductible!

Company Picnic: Fun and Deductible!

by Andrews Tax Accounting & Bookkeeping | Aug 11, 2021 | Educational

Write Off Your Company Picnic and Treat Your Employees The company picnic is a great way to show employees you appreciate them. It builds team spirit for your staff. And another recommendation for a company picnic is that the food and entertainment costs are...
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