Article Highlights:
Pay-as-You-Earn System
Safe Harbor Payments
Situations Triggering Underpayments
True Safe Harbors
Congress considers our tax system a “pay-as-you-earn” system. To facilitate that concept, the government…
When you decided to start your own company, you likely focused on the products or services you were selling, along with your amazing customer service and marketing skills. While running your own small business offers plenty of upsides, it also…
https://www.islernw.com/wp-content/uploads/2021/11/Blog-header-image-intimidated-by-accounting-five-simple-steps-are-all-you-need-Isler-Northwest-CPAs-in-Portland-Oregon.jpg320845IslerNWhttps://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.pngIslerNW2021-11-15 12:00:252021-11-10 23:35:38Intimidated by Accounting? Five Simple Steps Are All You Need
Article Highlights:
Planning for a Child’s Post-Secondary Education
Tax-Favored Plans
Tax-Free Earnings
Coverdell Accounts
Qualified Tuition Plans
Have Others Contribute
Gift Tax Issues
Tuition Gifts
A common question…
https://www.islernw.com/wp-content/uploads/2021/11/Blog-header-image-tax-benefits-when-saving-for-college-education-Isler-Northwest-CPAs-in-Portland-Oregon.jpg320845IslerNWhttps://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.pngIslerNW2021-11-12 12:00:472021-11-10 23:34:10Tax Benefits When Saving for College Education
The money you spend to run your business must be recorded conscientiously for your taxes and reports. Here’s how to do it.
You undoubtedly keep a very close watch on the money coming into your business. You record payments as soon as they…
https://www.islernw.com/wp-content/uploads/2021/11/Blog-header-image-record-expenses-in-quick-books-online-and-on-your-phone-Isler-Northwest-CPAs-in-Portland-Oregon.jpg320845IslerNWhttps://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.pngIslerNW2021-11-11 12:00:242021-11-10 23:34:06Record Expenses in QuickBooks Online and On Your Phone
Distributed Workforce Businesses Are Facing Challenges as They Adapt to Remote Employees
According to one recent study, nearly half of all employees switched to working remotely in 2020 during the onset of the COVID-19 pandemic. Almost overnight,…
https://www.islernw.com/wp-content/uploads/2021/11/Blog-header-image-distributed-workforce-businesses-are-facing-challenges-as-they-adapt-to-remote-employees-Isler-Northwest-CPAs-in-Portland-Oregon.jpg320845IslerNWhttps://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.pngIslerNW2021-11-10 03:00:012021-11-10 23:34:01Distributed Workforce Businesses Are Facing Challenges as They Adapt to Remote Employees
November 10 - Report Tips to Employer
If you are an employee who works for tips and received more than $20 in tips during October, you are required to report them to your employer on IRS Form 4070 no later than November 10. Your employer…
https://www.islernw.com/wp-content/uploads/2021/10/Blog-header-image-november-2021-individual-tax-due-dates-Isler-Northwest-CPAs-in-Portland-Oregon.jpg320845IslerNWhttps://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.pngIslerNW2021-10-27 16:46:562021-11-10 22:40:07November 2021 Individual Due Dates
Tips to Get Your Startup Off the Ground
One of the most important things to understand about being a startup entrepreneur is that there is no “one size fits all” approach to what you're doing. Everyone's path is different, and you need…
https://www.islernw.com/wp-content/uploads/2021/10/Blog-header-image-tip-to-get-your-startup-off-the-ground-Isler-Northwest-CPAs-in-Portland-Oregon.jpg320845IslerNWhttps://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.pngIslerNW2021-10-21 12:00:512021-10-19 16:48:25Tips to Get Your Startup Off the Ground
Article Highlights:
Potential Credit
Eligible Employees
Credit Determination
Certification Process
Other Issues
The Covid-19 pandemic has had a significant impact on the labor market – mandated government lockdowns and…
https://www.islernw.com/wp-content/uploads/2021/10/Blog-header-image-employers-hiring-new-employees-may-be-able-to-claim-a-work-opportunity-tax-credit-Isler-Northwest-CPAs-in-Portland-Oregon.jpg320845IslerNWhttps://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.pngIslerNW2021-10-19 12:00:002021-10-19 16:23:37Employers Hiring New Employees May Be Able to Claim a Work Opportunity Tax Credit
Article Highlights:
Who Qualifies for Education Credits
American Opportunity Credit
Lifetime Learning Credit
Qualifications
Who Gets the Credit
1098-T
Qualified Expenses
If you think that education credits are just…
https://www.islernw.com/wp-content/uploads/2021/10/Blog-header-image-education-credits-are-for-children-think-again-Isler-Northwest-CPAs-in-Portland-Oregon.jpg320845IslerNWhttps://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.pngIslerNW2021-10-14 12:00:512021-10-12 18:25:05Education Credits are for Children? Think Again!
Avoiding IRS Underpayment Penalties
Tax PlanningIntimidated by Accounting? Five Simple Steps Are All You Need
AccountingTax Benefits When Saving for College Education
College, SavingsRecord Expenses in QuickBooks Online and On Your Phone
Finance TipsDistributed Workforce Businesses Are Facing Challenges as They Adapt to Remote Employees
Workforce, Working From Home- TipsUnderstanding Tax Lingo
Taxes, UncategorizedNovember 2021 Individual Due Dates
Due DatesTips to Get Your Startup Off the Ground
Small Business, StartupEmployers Hiring New Employees May Be Able to Claim a Work Opportunity Tax Credit
Employees, Tax CreditsEducation Credits are for Children? Think Again!
Tax Tips, Taxes