by tbcinfo | Feb 6, 2013 | General
If you have not received your W-2’s by February 14th, here is a course of action: A) Contact your employer and let them know. B) If you do not receive a response within a reasonable period of time, contact your tax preparer. C) You will need a copy of...
by tbcinfo | Jan 4, 2013 | General
BLOG – A WORD WITH A HANDICAP I wonder…would more people be willing to BLOG, if the word itself sounded lighter & easier? People like me are susceptible to the nuance of words…and BLOG tends to make me feel ‘bogged down’ and time-starved. One tiny bit of research...
by tbcinfo | Dec 13, 2012 | General
Banks and other payment settlement entities must file Form 1099-K. The 1099-K form has the total gross amount of the year transactions on it. It also includes the name and address of the recipients and the taxpayer’s identification number. This form will help the...
by tbcinfo | Nov 30, 2012 | General
The fair-market value of noncash gifts must be included in employee wages subject to federal employment taxes. [1] The following gifts are nontaxable fringes if their value is nominal and are not frequently given: Fruit baskets Hams Turkeys Wine Flowers Entertainment...
by tbcinfo | Aug 6, 2012 | General
Now is the time to start thinking about yearend tax planning. Are your books current? Will you owe taxes? Do you need to purchase equipment? Have you paid in enough estimated taxes? Now is a good time to do...
by tbcinfo | Jul 10, 2012 | General
Add Some Fireworks to Your Business Plan Why not apply some 4th of July drama to your business routine? BLAST PROCRASTINATION out of the water! Pick up the phone and make that call you KNOW you should have made a long time ago. Stop & thank the clients and...
