Monthly Archives: June 2016

Should you be Applying Finance Charges?

There are many reasons why your customers send in payments past their due dates. Maybe they missed or misplaced your invoice, or they're disputing the charges. They might not be very conscientious about bill-paying. Or they simply don't have the money. Sometimes they contact you about their oversight, but more often, you just see the…
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What to do if you get a Letter from the IRS

Each year, the IRS mails millions of notices and letters to taxpayers for a variety of reasons. If you receive correspondence from the IRS here's what to do: Don't panic. You can usually deal with a notice simply by responding to it. Most IRS notices are about federal tax returns or tax accounts. Each notice…
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Tax Tips for Students with a Summer Job

Is your child a student with a summer job? Here's what you should know about the income your child earns over the summer. All taxpayers fill out a W-4 when starting a new job. This form is used by employers to determine the amount of tax that will be withheld from your paycheck. Taxpayers with…
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A Name Change Could Affect your Taxes

Did you know that a name change could impact your taxes? Here's what you need to know: 1. Report Name Changes. Did you get married and are now using your new spouse's last name or hyphenate your last name? Did you divorce and go back to using your former last name? In either case, you…
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