
4 Ways to Stop Your Overspending
Debt, Finance Tips, Financial Planning, Personal FinanceIf opening your credit card bills, your checkbook, or your wallet are traumatic events, you may have a problem with overspending. It’s nothing to be ashamed of, and you’re certainly not alone, but there’s a good chance that it is keeping…

10 Things to Know About Credit Scores
Debt, Finance Tips, Financial PlanningOnce you get above a certain age, you start hearing about a magical thing called a credit score. You hear that everybody has one and that you need to do everything you can to bolster it. You hear that there are things you can do to hurt your…

May 2019 Individual Due Dates
Accounting, Business, Employees, Finance Tips, Personal Finance, Small Business, TaxesMay 10 - Report Tips to Employer
If you are an employee who works for tips and received more than $20 in tips during April, you are required to report them to your employer on IRS Form 4070 no later than May 10. Your employer is required…

Could Your Sales Invoices Be Better? How QuickBooks Online Can Help.
Accounting, Business, Finance, Finance Tips, QuickbooksEvery interaction with your customers can enhance your image. Here’s how QuickBooks Online contributes to that.
Getting paid by your customers—on time, and in full—can take some effort on your part. You set smart due dates and enforce…

Three Common Family Tax Mistakes
2018 Tax Laws, Finance, Finance Tips, Tax Tips, TaxesWhen it comes to transactions between family members, the tax laws are frequently overlooked, if not outright trampled upon. The following are three commonly encountered situations and the tax ramifications associated with each.
Renting…

Reasonable Compensation and S Corporations
Accounting, Business, Finance TipsArticle Highlights:
Payroll Taxes
Corporate Officers
Employees of a Corporation
Reasonable Salaries
Factors
Flow-Through Deductions
Wage Limitations
Unlike a C corporation, which itself pays the tax on its taxable…

Not Using QuickBooks Online? What You're Missing Out On
Business, Finance Tips, Personal Finance, Tax TipsIf you dread every minute of the time you spend on accounting, you should know how QuickBooks Online can change your outlook.
How long would it take you to determine:
What your total expenses for this quarter are?
Whether or not…

Oregon Supreme Court approves tax to fund state EV rebates
2018 Tax Laws, Finance Tips, Oregon, Tax Tips, TechnologyOriginal Article by Catherine Morehouse
Oregon Supreme Court approves tax to fund state EV rebates
The Oregon Supreme Court approved the use of a privilege tax to fund the state's Clean Vehicle Rebate Program on Sunday, after AAA…

IRA Missteps to Avoid
Finance, Finance TipsArticle Highlights:
Selecting a Type of IRA
Missing out on the Saver’s Credit
Taking Distributions before Retirement Age
Failure to Keep Designated Beneficiaries Current
Overlooking the Spousal IRA
Failing to Recognize…

Kiddie Tax No Longer Based on Parents’ Tax Rate
Business, Economics, Finance, Finance Tips, Investment, Jobs, Personal Finance, Tax Reform, Tax Tips, TaxesArticle Highlights:
Parents Attempting to Shift Income to Children
Kiddie Tax
Tax Reform Changes
Tax on Child’s Unearned Income
Tax on Child’s Earned Income
Some years back, it was not uncommon for parents to put…