Today TaxMama® hears from G in the TaxQuips Forum, with a question that raises a common issue. Let me rephrase the issue. “I used a subcontractor (or paid for parts) on a job for a customer. I only got to keep a part of the income. The rest went to pay the sub or for […]
Tag Archives: bookkeeper
Today TaxMama® hears from someone offline with this distressing observation. “A client for whom we do payroll has an entire team of high-powered accountants and attorneys. They got together and reviewed our client’s several business entities and decided to close a certain company as of the end of 2012.buy elavil online blackmenheal.org/wp-content/languages/new/mg/elavil.html no prescription However, […]
Today TaxMama® hears from Debra in the TaxQuips Forum with this common issue. “I work part-time as a bookkeeper for various clients after my full-time job. I report this income on Schedule C. My husband is retired and pays for his own individual medical plan, himself. We file as married jointly. Do his insurance premiums […]
Today TaxMama® hears from Mary in the TaxQuips Forum who remembers. “During one of the registered tax return preparer (RTRP) presentations on May 15, or 17th, the instructor mentioned getting clients familiar with bookkeeping software. Several names were mentioned. Can you give me the name of the software?”
Today TaxMama® hears from Gary in the TaxQuips Forum who has this problem. Let me paraphrase: “Gary has already filed his LLC’s tax return, reporting all his income properly. Suddenly, nearly three weeks past the 1099 deadline, he gets a 1099 showing income he received, plus reimbursements for materials and supplies – that were not […]
Today TaxMama hears from Kris from Kentucky in the TaxQuips Forum with a common rant.” My clients opened up their checking accounts (3 out of 4).https://theteacherpreneur.com/wp-content/languages/new/cheap-custom-essay-writing-services.html They set them up without the images or cancelled checks, and their records are at best: horrible. To get the images will cost over $1,000 now, in a time […]
Today TaxMama hears from Kim in South Carolina, who has been remiss. “I am a bookkeeper and did not claim mileage as unreimbursed employee expenses last year. Can I claim the 2008 mileage and 2009 on my 2009 taxes? Or did I just lose that mileage? I don’t want to amend the 2008 return if […]
Today TaxMama hears from Joanna in California with this problem. “ I’m assisting an S-Corp in California that has not filed employment taxes in over 2 years and has accumulated several thousands in back taxes. Once I complete all of their employment tax forms, what is the best course of action to take to set […]
Sit back and let me tell you a story. Many, many years ago, a CPA firm asked me to help this company set up their books – and to do the books for the year, so they could perform a certified audit. They told me that company had a new bookkeeper, an older woman. She […]
A lesson on how consultants can make a difference in an organization. (Is this the real reason Anderson went out of business?) A while back, we took some friends to a new restaurant, ‘Steve’s Place,’ and noticed that the waiter who took our order carried a spoon in his shirt pocket. It seemed a little […]
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