Business
- Accurate Inventory Numbers are Crucial for your Business
- Businesses Use Financial Statements
- Every Business Needs a Record Keeping System
- Five Things Every Business Owner Must Do
- Help Your Child Get Started in Business
- How to Go Into Business With Your Spouse and Succeed
- Should You Pay More Attention to Cash Flow in Your Business?
- Small Business Administration
- Use the 80-20 Rule to Increase Your Business Profits
- Will Your Business Growth Bring More Profits
Financial Planning
- Do You Have Enough Emergency Savings?
- Three Positive Steps to Financial Well-being
- Create a Roadmap to Retirement
- Dealing with Finances After the Death of a Spouse
- Every Estate Plan Should Have These Basic Documents
- Five Financial Lessons to Teach Your Children
- Four Tips for Organizing Finances
- Homeowners: Don’t Make These Common Insurance Mistakes
- Get Serious About Catch Ups
- Going Into Business With A Franchise
- Saving Money
- Smart Talk for Women (and Men Too) Presentation 1-23-17
- Sticking to Budgets and Diets
- Take Control of Your Holiday Spending
- Update Your Beneficiary Designations
- Use Your Tax Refund Wisely – Retirement Planning
- What’s the Difference Between a Credit Card and a Debit Card?
Forensic Accounting
- 2018 Report to the Nations (ACFE)
- 5 Steps to Reduce Small Business Fraud
- Association of Certified Fraud Examiners (ACFE)
- Cybercrime Article From MNCPA (Co-authored by Debra Thompson, CPA, CFF, CFE, CITP)
- Fraud Hotlines (Journal of Accountancy)
General
- Association of Certified Fraud Examiners (ACFE)
- American Institute of CPAs (AICPA)
- Centers for Medicare and Medicaid Services
- Library of Congress
- Federal Trade Commissions Red Flags Rule
- Minnesota State Society of CPAs (MNCPA)
- Smart People Delegate
- U.S. Government Agencies
- U.S. Office of Inspector General
- Wall Street Journal
- Warning: Watch Out For Aggressive Phone Scams Again This Tax Season
Health Care Reform
- ACA Forms 1094 and 1095 Filing Deadline Extended
- ACA Reporting Forms
- Are You A Large Employer? Calculation Spreadsheet
- Form 8962 – Premium Tax Credit
- Form 8965 – Health Coverage Exemptions
- IRS HealthCare Law Online Resources – Publication 5093
- IRS Website ACA Tax Provisions
- Kaiser Family Foundation
- MNsure
- Small Business Tax Credit Calculator
- Tennessen Warning – Sample
- The Affordable Care Act: Section by Section
- U.S. Department of Labor Health Care Reform
Payroll
- American Payroll Association
- Bonuses. Keep in mind that bonuses are subject to payroll tax withholding and employer matching of FICA and Medicare taxes and payment of FUTA taxes. If you want to give a yearend bonus that is a flat amount, for example $1,000 rather than $923.84 after withholdings, then ask your payroll provider to gross up from the net figure. But do not make the mistake of paying out a bonus without processing it through payroll. The IRS and your state taxing agency will reclassify the bonus as wages and punish you severely for failing to treat the payment properly.
- Examples of Final Rule: Overtime
- Final Rule: Overtime Overview
- Review fringe benefit packages. Check out IRS publication 15 to find what pre-tax fringe benefits are available. Consider offering employees fringe benefits instead of standard raises to help reduce your tax burden. Offering things like health vision and child-care assistance will save money in payroll taxes and your employees will be happy to receive tax-free benefits.
QuickBooks
- Data Utility Instructions
- Export Reports To Excel
- Exporting Bank Rules with QB Online
- Get Organized with QuickBooks To Do List
- Hide Transactions Button in the Back Reconciliation Window
- How to Handle an Owner Purchase in QuickBooks
- Keep your QuickBooks file to a manageable size
- Memorizing a Bill
- Memorizing QuickBooks Reports
- Merging Similar Accounts
- QuickBooks Alerts
- Set Default Form Style
- Setting up for Multiple Monitors
- Smart Search
- Top 7 Apps for QuickBooks
- Transitioning to QuickBooks Online
- Using Classes in QuickBooks So You Can Better Track Profit and Loss
- Utilizing the 1099 Vendor List
- Utilizing QuickBooks Small Business Checklist
Tax
- 2018 Year-end Tax Planning Newsletter
- 2018 Midyear Tax Newsletter
- Age Matters in the World of Taxes
- Are Itemized Deductions Worth the Effort?
- Charitable Work Deductions
- Consider Taxes When you Change Jobs
- Frequently Asked Tax Questions
- IRS Charitable Deductions
- IRS Announces Family Contribution Changes for HSAs 3-7-18
- Internal Revenue Service
- IRS Fact Sheet (Ways the IRS does and does not contact taxpayers)
- Kandiyohi County 0.5 Percent Transit Sales and Use Tax and $20 Vehicle Excise Tax
- Minnesota Revenue
- Minimize Your Tax Bill with Your Charitable Work (9-12-18)
- No Need To Itemize To Claim These Deductions
- Not All “Income” is Taxable
- Self Employed Tax Break
- Should You File an Estimated Tax Return?
- Tax Breaks Extended Retroactively – Dec. 18, 2018
- Tax Cut and Jobs Act: Last-minute Year-end Moves
- Tax Reform Resources
- Tax Legislation
- Tax Records – What You Should Keep
- Tax Tip of the Week
- The Real Definition of a Dependent May Surprise You
- Three Tax Tips for the Tax Filing Season
- Up-Front Capital Equipment Exemption
