SJG Blog
IRS Tax Notices: What You Need to Know
Each year, the IRS sends millions of notices and letters to taxpayers for a variety of reasons. Here are the things you should know in case one shows up in your mailbox. • #1 Don’t panic. Provide a copy of the notice to your CPA so that they can recommend
It’s Not A Scam: The IRS Really Is Sending Out Identity Verification Letters
The Internal Revenue Service (IRS) is ramping up efforts to thwart identity theft, which is becoming more and more common. Tax-related identity theft occurs when someone uses your Social Security number to file a fraudulent tax return in an attempt to get a tax refund. You may not be aware
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.
Featured Posts
It’s Not A Scam: The IRS Really Is Sending Out Identity Verification Letters
The Internal Revenue Service (IRS) is ramping up efforts to thwart identity theft, which is becoming more and more common. Tax-related identity theft occurs when …
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 …
