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AdminBooks Newsletter

Keep the Receipt or Lose the Deduction

Renee Daggett - Wednesday, January 24, 2018
Time after time, there are rulings from the IRS stating someone lost their deduction due to bad record keeping. Karen Hough had to pay $100,849 in taxes because she &ldqu ..

NEW TAX LAW: The Good, The Bad, & The Ugly!

Renee Daggett - Friday, January 12, 2018
2017 TAX CUTS & JOBS ACT (2018) THE UGLY Exemptions $4,050 Suspended through 2025 (effectively repealed) Tie ..

1099s—The Ins and Outs

Renee Daggett - Thursday, January 04, 2018
Processing 1099s can be confusing and frustrating. Here are some facts you need to know! General Rule: If you pay someone more than $600 in a calendar year for services, not mater ..

End of Year Reminders

Renee Daggett - Wednesday, December 27, 2017
I wanted to remind you of a few things to do in your business at the end of the year…I know you would rather put your feet up and enjoy the holiday's, but get t ..

Santa Knows . . .

Renee Daggett - Wednesday, December 13, 2017
Santa knows if you've been naughty or nice... Santa knows if your books are precise! Better watch out... No need to cry! Don't start pouting and I'll tell you why! AdminBo ..

Death of a Taxpayer

Renee Daggett - Wednesday, December 06, 2017
When a taxpayer dies, there are certain tax returns that still need to be filed, which is a responsibility that falls onto the decedent’s personal representative.  ..

Have you looked recently at QuickBooks Online?

Renee Daggett - Wednesday, November 22, 2017
I admit it; I am not a person to embrace change. My comfort zone is comfortable. Years ago QuickBooks Online was just difficult. You could not work as quickly, things were hard to fi ..

When You Give a Gift to Charity...Chances are....

Renee Daggett - Wednesday, November 08, 2017
Did you know that you may be able to reduce your taxable income by donating cash or goods to a “qualified charity”? Giving your neighbor or family member money to help them cov ..

Employee vs. Independent Contractor

Renee Daggett - Wednesday, November 01, 2017
It is critical that a business owner classifies a worker correctly. One of the top questions I receive is how to determine if someone is an employee (W-2 worker) or an independent con ..

Frustrated with Payroll?

Renee Daggett - Wednesday, October 25, 2017
Frustrated with Payroll?... Stop paying so much on processing fees. Eliminate the headache. Attain easy contact with your Account Manager. Don't pay someone extra to split o ..




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