Wrapping Up 2016
Can you believe 2016 is over? It's hard to believe it went by so fast. There is still a little time left to make moves to finish off the year strong. Here's a list of things to do to wind down 2016!
Is Your Quickbooks Unsupported?
Intuit announced that they will no longer support all versions of their 2013 QuickBooks Desktop as of May 31, 2016. What does that mean for users? If you do not [...]
Florida Business – File with the State by May 1
Florida businesses need to file their annual reports by May 1 to avoid penalties. The penalties are big - $400 if you file late! - and the state won't [...]
April 15 – But It’s Not Tax Day?!
Today is April 15 but it isn't Tax Day. The deadline for filing your 2015 taxes is actually Monday, April 18. That's good news if you've been procrastinating because you get [...]
Tangible Personal Property Tax Returns Due TOMORROW in Florida
April 1 is the deadline for filing the Tangible Personal Property tax for businesses in Florida. Tangible personal property (TPP) is stuff you can feel or touch that is moveable [...]
4 Reasons Why You Should File Your Taxes When You Didn’t Make Any Money
A question I get a lot this time of year is, "If I didn't make any money do I even need to report it on my taxes??" And my [...]
2015 Forth Quarter Estimated Payment Due January 15, 2016
2015 might be over but the last estimated payment can be still be made! The last quarter estimated tax payment is due January 15, 2016. Postmark your check by that [...]
6 Smart Business Tax Moves to Make For 2015 Year-End
2015 is almost over but there are still some ways to make the best of your tax situation before New Year’s is here. Spoiler-number 6 is the most important!
Why YNAB (You Need A Budget)
Do you live paycheck to paycheck? Do you have trouble hitting your savings goals or getting out of debt? Do you make money but have no idea where it goes? Do you struggle to get your cash flow under control? Then you need a budget.
50 Cent Files for Bankruptcy – #FinanceFriday Lessons
Curtis James Jackson III, AKA 50 Cent, filed for bankruptcy. Despite a Net Worth of $155 million a few months prior, he now lists assets and debts between $10 and $50 Million. Individuals who quickly make huge sums of money in a short time (think pro athletes, lottery winners), forget that the level of income will not go on forever.
Disasters and Your Tax Documents
You need to keep tax records for several years, but paper copies are risky. Storms, floods, or simply moving can result in losing or misplacing these documents. Electronic records, kept online, can save you from disasters, while keeping your documents available. ld tax returns and related documents and insurance policies can be scanned and saved in the cloud to electronic storage such as Dropbox, Box, or Google Drive. Many modern CPA firms like mine are paperless- ask your CPA to send you PDF versions of prior year tax returns. PDFs can be password protected to help keep your information secure.
2015 Second Quarter Estimated Tax Payment Due June 15
The 2015 second quarter estimated tax payment is due June 15, 2015. If you need to make an estimated payment you want to make sure it is post marked by [...]
May 1 Deadline to File Florida Annual Report
If you are a Florida business owner, today - May 1 - is the last day to file your annual report with the state.
LLC That Sh!t
LLC stands for Limited Liability Corporation. Yup. I said that. To a new client. Luckily it was a friend who appreciated my sense of humor and wasn't offended. But this advice - not necessarily with the same delivery - is advice that I find myself giving out frequently. There are usually two reasons:
2014 Corporate Tax Deadline Approaching – March 16, 2015
The corporate tax filing deadline is usually March 15. This year March 15 is a Sunday so the deadline is pushed off until Monday, March 16, 2015.