CPA Firm v. Online Services
Why Working with a CPA Firm Beats Using an Online Tax Service Every year, business owners and individuals face the same question: Should I use an online tax platform, or hire a CPA firm? While online services can be convenient for very simple returns, they often fall short when your financial life […]
Prevent Identity Theft with an IP PIN
Prevent Identity Theft with an IP PIN Identity theft is at an all-time high with how digital the world has become. To protect yourself within IRS, we highly recommend obtaining an Identity Protection Pin (IP PIN). This six-digit code is now considered best practice for safeguarding your tax return against identity theft. An IP […]
New FLSA Regulations
UPDATE 11/22/16 On Tuesday November 22, 2016 U.S. District Judge Amos Mazzant halted a federal rule that would have expanded overtime pay to roughly 4.2 million workers. The New FLSA overtime regulations were going into effect on December 1, 2016 and would have increased the salary threshold for exempt employees to $913 per week or […]
Deadline for W-2’s and 1099’s
As a courtesy, we are reminding our bookkeeping clients that deadlines for W-2s and 1099-MISC have changed for reporting to IRS which will affect all our bookkeeping clients. In an attempt to help you get the necessary work accomplished by December 31, 2016, we ask that you pull your subcontractors, contract labor and attorney payments […]
Preventing IRS Identity Theft
Kelly Boswell, CPA, shared tips on preventing IRS identity theft with the Boerne Business Monthly readers, in her article titled, When Someone Tries to Steal Your Tax Refund. Below is a list compiled of helpful ways to minimize your chances of it happening to you: 1. File your tax return as early as possible. 2. […]
College Savings: Get On Your Right Path
Most people would say they want their children to excel in life; after all it is human nature to want to see your children succeed. Given todays standards, we often consider someone successful if they have a stable career, and a college education is a valuable component in that process. Chances are most parents would […]
Putting the Social in Your Marketing
As you are well aware, social media now has a major impact on the daily life of most Americans. Whether it is Facebook, Twitter, LinkedIn, Google+, Pinterest, etc. the reality is people are using it and they rely on it. As this phenomenon has occurred so to has the growth of Social Marketing as an […]
Healthier Workers Makes for a Healthier Bottom Line
What do you think when you hear Wellness Program? Well, I hope you think, Healthy and happy employees. Not many business owners think about wellness programs and how it can play a role in the success of their company. I personally think implementing a wellness program is a no-brainer and every company, no matter the […]
Expiring Tax Provision that Might Impact Your Wallet in 2014
In January it is typical for most people to begin thinking about what they might owe or get refunded in taxes this April from the previous year. However, it is important to begin planning now for 2014 in order to reduce your tax burden for April of next year. There are many provisions (deductions, credits, […]
2014 Restaurant Industry Changes
Beginning January 1, 2014, two changes are being implemented that affect the restaurant. The first is a change to mixed beverage tax and the second is a change in determining FICA tip credit. Both will require decisions by operations to ensure compliance with the new laws. MIXED BEVERAGE TAX Starting January 1, 2014 House Bill […]