Quality Accounting

12/25/2025

Merry Christmas

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12/28/2021

https://www.newsnationnow.com/business/your-money/irs-says-you-must-report-stolen-property-as-income-unless-you-return-it-the-same-year/

The Internal Revenue Service says you’re supposed to report anything you stole this year as income on your tax returns — unless you return it.

05/10/2021

https://www.cnet.com/personal-finance/bidens-next-two-stimulus-bills-5-ways-you-could-see-more-money-in-2021/?fbclid=IwAR3mcZ0TErK6_7FFK5NFoGCYRlZvC3d19fTcOnKY2AVxDwldTwwla1XCgKk

Another stimulus check isn't the only way you could benefit from the combined $3 trillion if both bills pass in 2021.

03/31/2021

https://financialhotspot.com/2020/12/04/what-you-should-know-about-virtual-accounting/?fbclid=IwAR218GXcDyG2nFzB-SzJMKdmet24GZC7u5l6eG-N6NYTg2zd3XNsAcJxGT8

Modern technology can give you an edge over the competition, and virtual accounting is the key to making it happen.

03/14/2021

If you are wondering about your stimulus payment;

Use Get My Payment to get information about your payment status and payment type.

01/30/2021

https://www.newsnationnow.com/business/your-money/you-can-likely-file-your-taxes-for-free-but-are-doing-it-the-wrong-way/

Tax season is about to begin, but many Americans are paying to file their taxes, despite the fact it should be free.

01/15/2021

If you had a baby or added a dependent in 2020, you may be eligible to claim any missed stimulus payments on you 1040 (line 30).

01/15/2021

Remember that 2020 1099s and W-2s need to be sent out by 1/31/21

01/15/2021

Happy New Year All!
If you needed to send an estimated payment to the IRS for 2020, it needs to be postmarked by today (sorry for the late post).

11/22/2020

As year-end is quickly approaching, make sure you have the right forms for annual filings.
The IRS has redesigned the 1009-Misc for 2020. Anything that used to be reported in box 7 of the 1099-Misc must now be filed on a 1099-NEC.
If anyone has questions about this, contact me and I can talk you through it easily.

10/03/2020

With Q3 over, make sure your business is ready to prepare quarterly payroll reports.
Also, the 4th quarter is a great time to start preparing for year-end, to avoid the year-end panic.