Kwik Tax and Accounting

11/07/2025

A legend, (Nat King Cole) and at that time, a future legend (Gladys Knight) posing for a picture.

Maria Cole stands by patiently while husband, Nat King Cole, poses with a fan, Gladys Knight, age 7 in 1951.

11/06/2025

New rules could shrink an individual’s tax benefit from charitable contributions starting next year, prompting many to accelerate donations into this year. Here's what donors and advisers need to know.

11/06/2025

11/02/2025

Business owners, however your company processes payroll, basing your Workers Compensation Insurance on your payroll, on a pay by pay basis, saves your company money AND time. Check out the link below:
https://www.youtube.com/watch?v=GF3bRn_8aGA&list=PLkGOAecR0oMPxSGWt_JV5dy5gEVirctOg&index=8
Call Kwik Tax and Accounting, at (602) 265-6195, for a discussion on how we can assist you with your payroll processing and Workers Compensation needs.

Let ADP’s Pay-by-Pay Premium Payment Program for Workers’ Compensation help you pay what you owe and keep the rest of your cash where it belongs, invested in...

11/02/2025

Four months of FREE payroll processing services are available from ADP*. Call us at (602) 265-6195 for more details.

11/02/2025

11/01/2025

🥃🚬 We Own the Night (2007) — Joaquin Phoenix and Eva Mendes were way too good together in this.

10/31/2025

of IFRS-18

The new presentation and disclosure standard is mandatory effective January 1, 2027, bringing the biggest shake-up to financial reporting in years. Here's what you need to know:
📊 Key Changes:
• New required subtotals in P&L (operating profit, profit before financing & income tax)
• Stricter rules on what goes in "operating" vs "investing" activities• Management
Performance Measures (MPMs) must be clearly defined and reconciled
• Enhanced transparency requirements for unusual items
• Clearer guidance on income statement aggregation and disaggregation

💼 Why This Matters:
• Better comparability between companies
• Reduced confusion around adjusted earnings
• More standardized financial analysis
• Improved investor confidence
The transition might feel overwhelming, but early preparation is your best friend. Companies should start mapping their current reporting to new requirements now.

Accounting Knowledge Concepts

10/23/2025

$ 29.99*! No gimmicks or additional fees. $ 29.99* is THE MOST you pay when you prepare, print and e file your 2024 IRS and State tax returns on
www.kwiktaxandaccounting.com
Here’s how you take advantage of this rate. Go to www.kwiktaxandaccounting.com
On the "Home" page of the site, click on the words "Click Here to File Your Taxes Online!"
Kwik Tax and Accounting has been providing online, do it yourself tax return preparation and e-filing for over 15 years! The $ 29.99 rate remains the same, all year long.