Category: Accounting
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QuickBooks Self-Employed vs QuickBooks Online Premier
Intuit QuickBooks is the leading small business accounting software. There are many versions of the product available and even more earlier versions still in use. I support only two versions: QuickBooks Self-Employed and QuickBooks Online Premier and I recommend that most businesses move to one of these two versions. Both cost $5 per month as the basic wholesale price through a…
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NJ Attorney / Law Firm Directory of CPAs
The New Jersey Society of Certified Public Accountants (NJCPA) is looking into putting together an online attorney/law firm directory accessible to Society members. CPAs often request attorney referrals on a peer-to-peer basis or from the Society staff members. A directory might help make this search process more efficient. I am often surprised by the difficulty…
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Public relations strategy
These strategy tips come from CPApracticeadvisor. Develop a press list Have a press page to your website Make news: use prweb.com, prnewswire.com, or newswire.com Have sound bites ready: 10-seconds for TV and 30-seconds for radio Share expertise connected to news
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Petty Pennsylvania tax penalty
Tax professionals seem to love sharing bizarre stories of the trade especially when the taxpayer or the government acts in some silly manner. I am no exception. Recently I settled a multi-year complex tax problem for a small business client in Pennsylvania. I figured that, as happened in this case, if I can negotiate a…
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Save money on small business payroll processing by removing bundled fees
A no-load approach to small business payroll In the “old days”, small business payroll services were priced based on a formula that was a bit complex. Factors like frequency of payroll, number of employees, type of pay, benefits, and local taxes all factored into the cost. Year-end ad ancillary services were typically priced separately. To me,…
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CPA sends ultimatum to small businesses
I regret that had to send a few small business clients an ultimatum this morning over what appears to be an unwillingness to address new tougher IRS tax filing requirements. This follows after I notified clients of the new filing requirement a few months ago, offered to handle the flings, but they declined. While the business tax…
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Free online tax return preparation offer
I will offer one free online tax filing service per day (subject to limitations) as a promotion of the advantages online remote professional accounting services. In this second week of February 2017 my peer accountants with brick and mortar offices were already reporting tax season work overloads. Meanwhile in my virtual online office I am now caught…
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We help with Turbotax returns
Self-preparers have an easy option for professional support! For many years I’ve promoted the concept that most people should be able to file their own tax return without outside help. In cases where the taxes are based on salaried income, investment income and other well-documented sources, it makes sense to file your own taxes online and…
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Trends in my blog traffic: strengths and weaknesses
I noticed a simple but striking pattern in the popularity and readership of my blog posts over the past year and thought I would share here for what it may be worth to others. The traffic report is compiled by Jetpack as a WordPress add-in for traffic on about 1,300 blog posts recorded since November…
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Limitations on free tax preparation for 2016 returns
Each tax season I am pleased to prepare some individual tax preparation services for n fee except the filing fee. My online filing service provider’s fee is $20 per return so the tax filer must cover this cost. My offer is usually made to a small number of middle income neighbors as a way to promote my…