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 and even personality type. A lasting partnership can provide you
SJG clients who participated in year-end income tax projections and tax planning in November and December of 2017 realized more than $820,000 in real tax savings! This is over and above their tax savings recognized throughout 2017. This equated to $68,000 on average per related entity group — simply by
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, therefore, recommends that businesses using versions 2015 or earlier should
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, the standard mileage rates for the use of a car
Long before the security breach at Equifax, companies and individuals have been plagued by growing threats from ransomware, malware, identity theft and computer viruses. At S.J. Gorowitz Accounting and Tax Services, P.C., (SJG) keeping your accounting data safe is a huge priority. SJG recently secured services from a local technology
With the passing of each tax deadline I take a moment to reflect on all that we’ve accomplished and all that we’ve learned. I’m pleased to say that after this October 16 Tax Extension Deadline I recognize how fortunate I am to be surrounded by a team of focused professionals
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 …
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.