Monthly Archives: February 2014

Make QuickBooks Yours in 2014: Customize

While many of the things you purchase and use in your daily work and professional lives don't come with options, many do. Think about the last time you bought a car, for example. Did you request additional features for safety or convenience or aesthetic value? You can't buy "extras" with your copy of QuickBooks. You can select…
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RS Guidance for Legally Married Same-Sex Couples

Under a joint IRS and U.S. Department of the Treasury ruling issued in 2013, same-sex couples, legally married in jurisdictions that recognize their marriages, are treated as married for federal tax purposes, including income and gift and estate taxes. The ruling applies regardless of whether the couple lives in a jurisdiction that recognizes same-sex marriage…
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Updated Withholding Tables Released for 2014

Updated income-tax withholding tables for 2014 have been released by the IRS and supersede withholding tables issued in December 2013. The newly revised version contains percentage method income-tax withholding tables and related information that employers need to implement these changes. In addition, employers should continue withholding Social Security tax at the rate of 6.2 percent…
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Missing Your Form W-2?

You should receive a Form W-2, Wage and Tax Statement, from each of your employers for use in preparing your federal tax return. Employers must furnish this record of 2013 earnings and withheld taxes no later than January 31, 2014 (if mailed, allow a few days for delivery). If you do not receive your Form…
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