SJG Blog
Can’t file by April 15? Extend the Time to File Your Tax Return but Not the Time to Pay
Many taxpayers do not have all of the information necessary to prepare a complete and accurate tax return by April 15 and therefore need to request an extension from the IRS to file their taxes. Individuals can request an automatic six-month extension of time to file using Form 4868, which
International Women’s Day is March 8; Time to Celebrate the Strong Professional Women in Your Life
In honor of International Women’s Day (#IWD2019) this Friday, March 8, 2019, I want to invite and encourage each of you to recognize the strong women leaders and business owners in your network (some of whom may be WBENC members like me). I was blessed to have founded S.J. Gorowitz
QuickBooks 2019 – The Jury Has Reached a Verdict
Each year Intuit releases an upgrade to the QuickBooks Desktop accounting software and discontinues support for older versions. This year, effective May 31, 2019, Intuit will no longer support the 2016 version of QB Desktop and SJG, therefore, recommends that businesses using versions 2016 or earlier should upgrade. For our
Need to File 1099-MISC for 2018? – What You Need to Know
Although there are many types of information returns that businesses are required to file, the most common amongst our business clients is the Form 1099-MISC. The following summary describes basic rules to follow in order to file Form 1099-MISC for 2018.
IRS Standard Mileage Rates for 2019
Each year, the Internal Revenue Service (IRS) sets standard mileage rates for business based on an annual study of fixed and variable costs of operating an automobile, including depreciation, insurance, repairs, tires, maintenance, gas and oil.
2018 Best of North Atlanta – CPA Award!
Thank you to our clients and colleagues for nominating us for the 2018 Best of North Atlanta – CPA award!
Featured Posts
4 Midyear Tax Planning Moves to Make Now
A lot of businesses and individuals wait until December to start thinking about tax planning. While there are definitely some year-end moves you can make that will help to minimize your taxes, now — with the summer quickly coming to …
Five Signs You May Have Outgrown Your CPA
Finding the right CPA can make a world of difference to your financial and mental wellbeing. Employing the services of a CPA is a working relationship built on trust. Selection criteria should include not only capability but credibility, business style …
QuickBooks 2018 Offers Great New Features and a Compelling Reason to Upgrade
Each year Intuit releases an upgrade to QuickBooks™ Desktop accounting software and discontinues support for versions greater than two years old. This year, on May 31, 2018, Intuit will cease support for the 2015 version of QB Desktop and SJG, …
2017 Form 1099 News Alert – Here is what you need to know.
When: 1099s are required to be sent to vendors by January 31, 2018 and the corresponding 1099s and summary Form 1096 are also required to be sent to the IRS by January 31, 2018. Who needs to be issued a …
2018 Changes to IRS Standard Mileage Rates
Each year, the Internal Revenue Service (IRS) sets standard mileage rates for business based on an annual study of fixed and variable costs of operating an automobile, including depreciation, insurance, repairs, tires, maintenance, gas and oil. Beginning January 1, 2018, …
Selecting the Right Entity Type for Your New Business
There are a myriad of decisions that need to be made when starting a new business but the importance of selecting the right type of entity structure should not be underestimated. At first glance it may seem simple and straightforward, …
What financial records should I keep?
Good financial records lay the foundation for mapping business progress, preparing statements, identifying key income sources, tracking deductible expenses, keeping track of property, preparing your tax returns, and supporting the items you report on tax returns. One of the questions …
