Oh my gosh. It’s crazy, right? Complicated old rules and then fuzzy new rules from the Affordable Care act make it really hard for S corporation … [Read more...] about Payroll Accounting Rules for S Corporation Shareholder Health Insurance
WA Healthplanfinder Business Update for 2017
Given all the changes and fluidity with the WA Healthplanfinder Business website and program, we thought it’d be a pretty good idea to review the … [Read more...] about WA Healthplanfinder Business Update for 2017
Accounting System Recommendations for Novice Bookkeepers
Small-business owners ask us all the time about how they should set up their accounting system. Accordingly, in our office, the accountants have … [Read more...] about Accounting System Recommendations for Novice Bookkeepers
Tips to Save Time Using QuickBooks
Nobody likes spending more time keeping the books than they have to. It’s boring and, too often, time consuming. However, thanks to the magic of … [Read more...] about Tips to Save Time Using QuickBooks
Understanding the Wash Sale Rules
Regularly during tax season, we see clients with a pretty large volume of trading activity across a number of brokerage accounts. And unfortunately … [Read more...] about Understanding the Wash Sale Rules
Which Accounting Program Should I Use for My Small Business?
First, some questions to think about before we begin: What industry are you in? (For example, manufacturers have different inventory tracking … [Read more...] about Which Accounting Program Should I Use for My Small Business?
Reporting a Foreign Business Investment
The first thing we need to say is that if you’re an entrepreneur or business owner operating internationally, you need to be really careful about … [Read more...] about Reporting a Foreign Business Investment
Excluding Foreign Income from U.S. Taxes
We get a lot of questions from people who earn money outside the United States and wonder how, and if, U.S. income taxes can be avoided. For this … [Read more...] about Excluding Foreign Income from U.S. Taxes
U.S. Tax Rules for Nonresident Aliens
If you’re new to the U.S. system of taxation, you’ll find the situation pretty confusing. The U.S. system of taxation (and we say this as tax … [Read more...] about U.S. Tax Rules for Nonresident Aliens
QuickBooks Fixed Asset Items: A Quick Tutorial
Maintaining a QuickBooks fixed asset item list does a lot to keep your asset accounts organized. A list, a good accurate list, of fixed asset items … [Read more...] about QuickBooks Fixed Asset Items: A Quick Tutorial