• Skip to content
  • Skip to primary sidebar

Header Right

  • Home
  • About
  • Contact

Archives for September 2020

5 QuickBooks Online Reports You Should Run Regularly

September 25, 2020 by Maurie West

There are numerous QuickBooks Online reports that you should be consulting at regular intervals. But you need these five at least every week. QuickBooks Online’s Dashboard, the first screen you see when you log in, provides an effective overview of your company’s finances. It contains at-a-glance information about your recent expenses, your sales, and the […]

Filed Under: QuickBooks

Think Tax Filing Season is Over? Why You May Need to File an Amended Return

September 15, 2020 by Maurie West

Think Tax Filing Season is Over? Why You May Need to File an Amended Return Few people look forward to tax filing season. Unless you are an accountant who loves tax season, you probably dread this time of year, and you are thrilled when your return is in and your refund is on the way […]

Filed Under: General Tax, Tax Resolution Tagged With: Tax Problems, Tax Resolution

Renting Residential Real Estate — A Tax Review for the Nonprofessional Landlord

September 8, 2020 by Maurie West

Investing in residential rental properties raises various tax issues that can be somewhat confusing, especially if you are not a real estate professional. Some of the more important issues rental property investors will want to be aware of are discussed below. Rental Losses Currently, the owner of a residential rental property may depreciate the building […]

Filed Under: General Tax, Real Estate Tagged With: Real Estate

Payroll Taxes: Who’s Responsible?

September 4, 2020 by Maurie West

Any business with employees must withhold money from its employees’ paychecks for income and employment taxes, including Social Security and Medicare taxes (known as Federal Insurance Contributions Act taxes, or FICA), and forward that money to the government. A business that knowingly or unknowingly fails to remit these withheld taxes in a timely manner will […]

Filed Under: General Tax Tagged With: Payroll, Taxes

Four Things Your Tax Preparer Won’t Tell You (and How It Can Get You In Tax Trouble)

September 1, 2020 by Maurie West

Tax time will be here (again) before you know it. If your tax return is a simple one, you may be up to filing the return yourself. But if your situation is somewhat complicated, seeking the help of a qualified professional is probably the best move. Our firm specializes in helping people resolve their back […]

Filed Under: General Tax Tagged With: Tax

Primary Sidebar

Search

Archives

  • June 2022
  • May 2022
  • April 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020

Categories

  • General Tax
  • QuickBooks
  • Real Estate
  • Tax Resolution

Copyright © 2022 · https://www.westaxinc.com/blog