Monthly Archives: November 2011

QuickBooks 2012: Better Financial Management

As it usually does this time of year, Intuit has introduced new versions of its Pro and Premier products. QuickBooks 2012 promises to help you get better organized, save steps, and acquire more in-depth financial insights. The new Express Start is designed for businesses that want to blast through setup and start entering customers and…
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Check Your Withholdings

With less than two months remaining in the calendar year, it's a great time to double check your federal withholding to make sure enough taxes are being taken out of your pay. The average refund for 2010 was just over $3,000. Although in part due to tax credits associated with the economic stimulus package, it's…
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Income from Foreign Sources

Many U.S. citizens earn money from foreign sources. But unless it is exempt under federal law, taxpayers sometimes forget that they have to report all such income on their tax return. U.S. citizens are taxed on their income regardless of whether they live inside or outside the United States. The foreign income rule also applies…
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Three Most Common Budgeting Errors

When it comes to creating a budget, it's essential to estimate your spending as realistically as possible. Here are three budget-related errors commonly made by small businesses, and some tips for avoiding them. Not Setting Goals. It's almost impossible to set spending priorities without clear goals for the coming year. It's important to identify, in…
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