Tax Deductions for Vacation Homes
A vacation home can give you that much needed break from every day stress but it also has the potential to give you a break on income taxes.
Backup Or Portable Company File? How To Decide
QuickBooks provides two ways (actually, three) to create a copy of your QuickBooks data file. When is each appropriate, and how do you proceed?
The IRS’s Tips Every Taxpayer Should Know About Identity Theft
Identity theft occurs when someone uses your personal identifying information, like your name, Social Security number, or credit card number, without your permission, to commit fraud or other crimes.
Good Business Practices
In today’s economy, in order for your business to be successful you need to have good business practices. Below are some good business practice ideas to consider that may help your business become more successful.
Corporate Sponsorship
A controversy over corporate sponsorship developed in the early 1990s when the IRS took the audit position that Mobil Oil’s sponsorship payment to the Cotton Bowl constituted taxable unrelated advertising income to the nonprofit that organized the Cotton Bowl.
Birth Or Adoption And Taxes
The birth or adoption of a child is a joyous occasion for a family. In addition to significant lifestyle changes there are also a significant number of tax implications. In this article we will provide you with some information that may assist you.
Cutting Expenses Key To Profitability
It may seem like a no-brainer – cut expenses to make more money – but many small changes can result in significant savings.
It looks like the economy may finally be looking up. Still, this is no time to loosen the purse strings in terms of your business expenses. Rather, why not re-double your efforts to cut costs and boost your profitability?
Update On 2011 Form 990
The Internal Revenue Service (IRS) released its 2011 Form 990 and instructions on Jan. 21, 2012. Someone looking just at the forms and instructions themselves would see few revisions; however, the IRS has provided a number of clarifications and made some significant changes in the instructions to the form and the schedules.
Billing for Time and Expenses: How It Works
QuickBooks handles billable expenses capably, but it’s critical that you understand the process thoroughly before proceeding.
The Age Of Nonprofit Mergers Is Upon Us
Whether it is the result of declining public and private support, increased accountability or the need to expand the footprint of your mission in an era of funding changes; the age of nonprofit mergers seems to be upon us.