by Andrews Tax Accounting & Bookkeeping | Sep 4, 2019 | Educational
How Can QuickBooks Automate Your Small Business? Automation is a normal part of business life. From signing documents electronically to linking your credit card(s) to QuickBooks bank feed. How Does Automation Help Small Business Owners? Automation improves...
by Andrews Tax Accounting & Bookkeeping | Aug 21, 2019 | Educational
What are Payroll Taxes? Payroll taxes are taxes on the wages of employees which are used to fund social programs (e.g. Social Security and Medicare). The burden is on the employer to pay the tax by withholding said tax from employee’s salaries, but the employee is the...
by Andrews Tax Accounting & Bookkeeping | Aug 14, 2019 | Educational
What are Sin Taxes? Sin taxes are taxes on products that are considered undesirable or harmful. Some examples of items with a sin tax are alcohol, tobacco, sugar, candy, etc. What Else Could be Considered for a Sin Tax? Red meat. Right now, it is a trendy topic in...
by Andrews Tax Accounting & Bookkeeping | Aug 7, 2019 | Educational
Oregon Gets Surprises Do you remember when Oregonians had to start pumping their own gas? The new freedom was unwanted by some Oregonians. Meanwhile, the whole idea of not pumping your own gas was foreign to many other states including Washington. Well, Oregonians...
by Andrews Tax Accounting & Bookkeeping | Jul 24, 2019 | Educational
The Drafts The IRS recently posted drafts for Form 1040 and the tax return for senior citizens (Form 1040-SR) for the next tax season. The once postcard-sized Form 1040 is now almost a full-page, since the income reconciliation schedule return to the first page....
by Andrews Tax Accounting & Bookkeeping | Jul 17, 2019 | Educational
Do You Have Accountant-Client Privilege Just Like Attorney-Client Privilege? Sort of, under special circumstances. In Title 26 of the Internal Revenue Code Section 7525, it states that accountants (that are federally authorized) and their clients have the same...
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