If you collect sales taxes then you need to know…… The 1% Temporary Transaction Privilege Tax approved by Arizona voters in May 2010 will expire after May 31, 2013. New rate table below: http://www.azdor.gov/Portals/0/TPTRates/201306.pdf If you owed money on April 15th you will want to avoid penalties and interest by filing quarterly. 2nd Quarter Estimated [...]
The recently enacted 2012 American Taxpayer Relief Act is a sweeping tax package that includes, among many other items, permanent extension of the Bush-era tax cuts for most taxpayers, revised tax rates on ordinary and capital gain income for high-income individuals, modification of the estate tax, permanent relief from the AMT for individual taxpayers, limits [...]
Hi all….. Just a quick note of thanks to you! We finished up tax season on April 15th but are still working on extensions and still are kind of waiting to come up for air. The delays from Congress, which then delayed the release of certain forms, really put a damper on things for us [...]
I say this every year and I hope that every year it will be better understood that we (this firm) are more than tax preparers. Tax preparation is just a small part of what we actually do and as a CPA firm the expectation is that we plan and provide advice. We help customers through [...]
There are times in my life when I want things to just be simpler. I have two daughters and a very busy work schedule and most of the time my family life and business life collide. All business owners have this happen. Growing a business is not easy, not simple and you rarely find balance [...]
Benefits of Outsourcing Your Accounting Department As a CPA firm we have worked with many, many businesses over the last 13 years. Generally, the biggest issue in our world is whether the customer could provide good information to prepare good tax plans or help with a financial strategic plan. A small business owner in this [...]
The ABC’s of Accounting Outsourcing: 26 Reasons to Outsource in 2013 I am going to quickly give you 26 reasons why you would outsource your accounting to us in 2013. It’s as simple as ABC. A – Accounting issues are not an issue for us B – Build your Business Team C –Customer service oriented [...]
Employee or Business Owner, It’s all in the Paycheck? At a conference this summer I attended a panel on entrepreneur CPA firm owners. I believe this applies to all business owners so I apply it to all of us. On the panel, were 3 of my friends and one gentleman I didn’t know but came [...]
Early on January 1st, 2013, the Senate, by a vote of 89-8, passed H.R.8, the American Taxpayer Relief Act. The Act would prevent many of the tax hikes that were scheduled to go into effect today and retain many favorable tax breaks that were scheduled to expire, but it would also increase income taxes for [...]
I have spent the last month pouring over the “Good to Great” book by Jim Collins. I study it like one would study the Bible pulling out bits of meaning, defining it and apply it to my life. I have read other commentaries on it some of which don’t believe the hype of the companies [...]