Article Highlights:
Mid-Year Planning
Avoiding Unpleasant Surprises
Events That Have Tax Consequences
All too often, taxpayers wait until after the close of the tax year to worry about their taxes and miss opportunities that…
If you are a small business owner, chances are good you’re paying more attention to your accounts receivables and deliverables than to a three-year-old Supreme Court decision. But knowing what happened in the Wayfair decision on June 21st…
https://www.islernw.com/wp-content/uploads/2021/08/Blog-header-image-Small-businesses-heres-how-the-US-supreme-court-wayfair-decision-affects-you-Isler-Northwest-CPAs-in-Portland-Oregon.jpg320845IslerNWhttps://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.pngIslerNW2021-08-19 12:00:442021-08-16 21:41:18Small Businesses: Here’s How the U.S. Supreme Court Wayfair Decision Affects You
Article Highlights
Employer Identification Numbers (EINs)
Contact Information
Update Responsibilities
ID Theft and Fraud Issues
Responsible Party
Filing Tips
Updating Individual Contact Information
Blog: The Internal…
https://www.islernw.com/wp-content/uploads/2021/08/Blog-header-image-Businesses-have-60-days-to-notify-the-IRS-of-changes-in-contact-information-and-responsible-party-Isler-Northwest-CPAs-in-Portland-Oregon.jpg320845IslerNWhttps://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.pngIslerNW2021-08-17 12:00:202021-08-16 21:28:59Businesses Have 60 Days to Notify the IRS of Changes in Contact Information and Responsible Party
Where is your money coming from? Where is it going? You can use tags in QuickBooks Online to find out.
QuickBooks Online offers numerous ways to help you track your sales, expenses, and profitability. If you’re using QuickBooks Online Plus…
https://www.islernw.com/wp-content/uploads/2021/04/Blog-header-image-how-to-use-tags-in-quickbooks-online-Isler-Northwest-CPAs-in-Portland-Oregon.jpg320845IslerNWhttps://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.pngIslerNW2021-08-13 12:00:322021-08-12 19:14:43How to Use Tags in QuickBooks Online
Article Highlights:
Trading in a Vehicle
Selling a Vehicle
Gifting a Vehicle
Donating a Vehicle to Charity
If you are buying a new car, are you wondering what to do with the old one? You actually have a number of options, some…
https://www.islernw.com/wp-content/uploads/2021/08/Blog-header-image-tax-ramifications-of-disposing-of-a-vehicle-Isler-Northwest-CPAs-in-Portland-Oregon.jpg320845IslerNWhttps://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.pngIslerNW2021-08-12 18:56:072021-08-12 18:59:28Tax Ramifications of Disposing of a Vehicle
Article Highlights:
SSA Name Change
IRS Address Change
Postal Service Address Change
Tax Withholding
Tax Filing Status
Marrying A Non-resident Alien
Joint and Several Liability
Beware of Tax Scams
Most weddings…
https://www.islernw.com/wp-content/uploads/2021/08/Blog-header-image-getting-married-and-tax-related-issues-Isler-Northwest-CPAs-in-Portland-Oregon.jpg320845IslerNWhttps://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.pngIslerNW2021-08-06 21:21:332021-08-12 18:08:24Getting Married and Related Tax Issues
Article Highlights:
Income as a Factor
Filing Status as a Factor
85% Maximum Taxable
Base Amounts
Deferring Income
Maximizing IRA Distributions
Gambling Gotcha
Whether your Social Security benefits are taxable (and,…
https://www.islernw.com/wp-content/uploads/2021/08/Isler-NW-blog-header-image-minimizing-on-social-security-benefits-CPA-Oregon.jpg320845IslerNWhttps://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.pngIslerNW2021-08-03 01:30:472021-08-03 20:31:44Minimizing Tax on Social Security Benefits
There are many ways to encourage delinquent customers to pay. QuickBooks Online’s statements may be effective for you.
After the year-plus you’ve just experienced, the last thing your small business needs is customers who are behind on…
https://www.islernw.com/wp-content/uploads/2021/07/Blog-header-image-customers-paying-late-how-to-create-statements-in-Portland-Oregon.jpg320845IslerNWhttps://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.pngIslerNW2021-07-30 12:00:062021-08-03 20:31:50Customers Paying Late? How to Create Statements
The Internal Revenue Service has released a midyear report to Congress that details a significant backlog of tax returns dating back to the end of tax filing season, and many of those returns have yet to be processed. While backlogs are not…
https://www.islernw.com/wp-content/uploads/2021/07/Blog-header-image-35-million-total-backlog-tax-returns-IRS-had-at-end-of-tax-season-in-Portland-Oregon.jpg320845IslerNWhttps://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.pngIslerNW2021-07-27 12:00:532021-08-03 20:31:5435 Million: The Total Backlog of Tax Returns The IRS Had At The End Of Tax Season
Article Highlights:
The general statute: 3 years
Longer durations in some states
Fraud, failure to file and other issues that extend the statute’s duration
Keeping the actual return
Ordering copies of previously filed…
https://www.islernw.com/wp-content/uploads/2021/07/Blog-header-image-how-long-should-you-keep-old-tax-records-Isler-Northwest-CPAs-in-Portland-Oregon.jpg320845IslerNWhttps://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.pngIslerNW2021-07-22 12:00:192021-08-03 20:32:01How Long Should You Keep Old Tax Records?
Mid-Year Tax Planning Checklist
Tax Tips, TaxesSmall Businesses: Here’s How the U.S. Supreme Court Wayfair Decision Affects You
Small BusinessBusinesses Have 60 Days to Notify the IRS of Changes in Contact Information and Responsible Party
BusinessHow to Use Tags in QuickBooks Online
QuickbooksTax Ramifications of Disposing of a Vehicle
Tax Planning, Tax Tips, TaxesGetting Married and Related Tax Issues
Tax Tips, TaxesMinimizing Tax on Social Security Benefits
Tax TipsCustomers Paying Late? How to Create Statements
Business, Small Business35 Million: The Total Backlog of Tax Returns The IRS Had At The End Of Tax Season
TaxesHow Long Should You Keep Old Tax Records?
Tax Tips, Taxes