Monthly Archives: July 2017

How to Keep Your QuickBooks Data Safe

Your QuickBooks company file contains some of the most sensitive information on your computer. You may have customers' credit card numbers and employees' Social Security numbers. An intruder who captured all that data could create tremendous problems for you and a lot of other people. That's probably the worst-case scenario. But other situations could also…
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Small Business Tax Tips: Payroll Expenses

Federal law requires most employers to withhold federal taxes from their employees' wages. Whether you're a small business owner who's just starting out or one who has been in business a while and is ready to hire an employee or two, here are five things you should know about withholding, reporting, and paying employment taxes.…
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The Simplified Option for Home Office Deduction

If you're one of the more than 3.4 million taxpayers who claimed deductions for business use of a home (commonly referred to as the home office deduction)--but haven't taken advantage of it because you thought it was too complicated--then you might be interested in the simplified option. Available since tax year 2013, the optional home…
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Tax Tips 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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