July 1 - Time for a Mid-Year Tax Check Up Time to review your 2014 year-to-date income and expenses to ensure estimated tax payments and withholding are adequate to avoid underpayment penalties. July 10 - Report Tips to Employer If you are an employee who works for tips and received more than $20 in tips during June, you are required to report them to your employer on IRS … [Read more...] about July 2014 Individual Due Dates
5 Ways You Can Use QuickBooks’ Income Tracker
The Income Tracker is one of QuickBooks’ more innovative features. If you’re not using it, you should be. One of the reasons that QuickBooks appeals to millions of small businesses is because it offers multiple ways to complete the same tasks, which accommodates different work styles. Say, for example, you wanted to look up a specific invoice. You could: Go to the Customer … [Read more...] about 5 Ways You Can Use QuickBooks’ Income Tracker
Tips for Students Planning to Work during the Summer
Article Highlights: Form W-4 Watch Out for Payroll Surprises Tips Odd Jobs Self-Employment Tax Working for Parents ROTC Students Newspaper Delivery Retirement Contributions As the summer break from school approaches, many students are looking for part-time summer employment. Both parents and students should be aware of the tax issues that need to be considered … [Read more...] about Tips for Students Planning to Work during the Summer
Passwords – Why a List Is Important
Article Highlights: Usernames & passwords Problems for caregivers and survivors Most overlook this very important issue We now live in a digital world where we conduct many, if not all, of your financial affairs over the Internet. And we guard against others getting into our Internet accounts with usernames and passwords. We can even use passwords to keep others from … [Read more...] about Passwords – Why a List Is Important
Do You Have An Online Gambling Account?
If so, you should be aware that each United States person who has a financial interest in or signature or other authority over any foreign financial accounts, including bank, securities, or other types of financial accounts, in a foreign country, if the aggregate value of these financial accounts exceeds $10,000 at any time during the calendar year, must report that … [Read more...] about Do You Have An Online Gambling Account?