November 05, 2010
Andrew Presti
Blog Posts
0 CommentsTwo of Intuit’s add-ons for its QuickBooks software received Awesome QuickBooks Add-on awards from the Sleeter Group. ViewMyPaycheck is a free offering for QuickBooks Payroll subscribers and allows users to upload paycheck information to the cloud so employees can access pay stubs, vacation and sick time balances, and W-2 forms securely. Employees can also view, […]
Read moreNovember 05, 2010Andrew PrestiBlog Posts0 CommentsThe Small Business Jobs Act of 2010 is intended to provide some welcome tax relief to businesses, with the hope of spurring growth and job creation. Many of these provisions are set to expire after 2011. It is important for business owners not to overlook any of these newly minted tax breaks because most will […]
Read moreNovember 05, 2010Andrew PrestiBlog Posts0 CommentsSmart phone users have become comfortable with using programs such as iWant and Yelp to find nearby restaurants, gas stations and almost everything else. Now, savvy small businesses are using geolocation technology to market directly to potential and existing customers. Geolocation services represent an inexpensive valuable marketing tool, especially for small businesses that rely on […]
Read moreNovember 05, 2010Andrew PrestiBlog Posts0 CommentsEvery so often, the topic du jour for financial planning is the reverse mortgage, especially when interest rates are low and older people find themselves in need of easily attainable sources of cash. Reverse mortgages – also known as lifetime mortgages – are completely legitimate; however, seniors and the family members who look after them […]
Read moreNovember 05, 2010Andrew PrestiBlog Posts0 CommentsMost would deny it, but brokers are a superstitious lot. Perhaps it is the 22nd anniversary of Black Monday on Oct. 19, but October is regarded as a spooky month. As always, opinions are divided on what the future might hold, but many market experts continue to regard recent economic data with guarded optimism while […]
Read moreNovember 05, 2010Andrew PrestiBlog Posts0 CommentsWhile it’s anyone guess how the economy will fare in 2011, the editors of “The Kiplinger Letter” offer up their annual predictions of what businesses can expect to spend. In summary, most everything will increase; however, there are a few surprises. Inflation and Profits Inflation is expected to have a modest gain, while the Consumer […]
Read moreNovember 05, 2010Andrew PrestiBlog Posts0 CommentsNovember is an ideal time of the year to begin preparing yourself for the 2010 tax season. As is the case every year, there are a few fine points to pay attention to in order to keep from paying too much – or, in some cases, facing penalties that could have been easily avoided. This […]
Read moreNovember 04, 2010Andrew PrestiBlog Posts0 CommentsMultistate business operations face a wide variety of state taxes. Nexus can be a hidden danger for a company with a multistate presence. Certain activities might cause nexus for sales and use tax, income tax, franchise tax or other business taxes. One key to successfully navigating these widely varying provisions is for tax professionals to […]
Read moreNovember 03, 2010Andrew PrestiBlog Posts0 CommentsThe Internal Revenue Service today announced cost of living adjustments affecting dollar limitations for pension plans and other retirement-related items for tax year 2011. In general, these limits will either remain unchanged, or the inflation adjustments for 2011 will be small. Highlights include: The elective deferral (contribution) limit for employees who participate in section 401(k), […]
Read moreNovember 02, 2010Andrew PrestiBlog Posts0 CommentsThe Internal Revenue Service Oct. 28 issued Revenue Procedure 2010-40, which provides inflation-adjusted amounts for various tax credits, limits, and fringe benefits. Also Oct. 28, IRS issued inflation adjustments (IR-2010-108) for qualified retirement plans. Every year IRS issues a procedure identifying changes in amounts for a multitude of tax credits, fringe benefit limits, tax exclusions, […]
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