by Andrews Tax Accounting & Bookkeeping | Jul 10, 2019 | Educational
Warren Buffett Since 2006, Warren Buffett has been donating stock to charity. This year he is donating $3.6 billion of his stock, which is even more than he donated last year. One of the big beneficiaries of Buffett’s charity is the Bill and Melinda Gates Foundation....
by Andrews Tax Accounting & Bookkeeping | Jul 3, 2019 | Educational
An Appropriations Bill The House recently approved an appropriations bill for a 3.1 percent pay increase for federal workers which includes IRS employees. Additionally, the bill increases funding to taxpayer services by $67 million and aims to modernize business...
by Andrews Tax Accounting & Bookkeeping | Jun 26, 2019 | Educational
A New Cryptocurrency Facebook recently announced its new cryptocurrency, Libra. What is the Aim of Libra? The currency aims to help those who do not have access to banks, as well as to be a payment option that can be used worldwide. What’s the Catch? To use Libra, you...
by Andrews Tax Accounting & Bookkeeping | Jun 11, 2019 | Educational
Did You Know Intuit Has ProAdvisor Tiers? There are four tiers that are based on a points system. Silver is 0-199 points. Gold is 200-799 points. Platinum is 800 to 1599 points. The highest tier, Elite is when a ProAdvisor has 1600+ points. How do ProAdvisors Earn...
by Andrews Tax Accounting & Bookkeeping | Jun 5, 2019 | Educational
I Guess Not to Fax Soon the faxing of tax transcripts will come to an end, the IRS recently announced. This is a shame for fax lovers but the aim of the IRS is to decrease identity theft. Other avenues for a taxpayer to obtain their tax transcript is through the mail,...
by Andrews Tax Accounting & Bookkeeping | May 28, 2019 | Educational
The Horror Before programs like Excel, spreadsheets were filled in by hand. When a number was changed, any affiliated number also had to be changed, by hand. Nowadays, accountants are spoiled with Excel which updates changes to spreadsheets instantly. Who Invented the...
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