Reminder to IRA Owners Age 70½ or Over: Qualified Charitable Distributions are Great Options for Making Tax-Free Gifts to Charity

This article was published by the IRS. The Internal Revenue Service is reminding IRA owners age 70½ or over of their option to transfer up to $100,000 to charity tax-free each year. These transfers, known as qualified charitable distributions or QCDs, offer eligible older Americans a great way to easily give to charity before the end [...]

Tips on Managing Open Invoices and Getting Paid Faster

Setting up the right reminders within QuickBooks can help keep cash flow moving, which is critical in scaling your growing business. One of the most awkward and uncomfortable situations in business is having to remind clients about late payments on a bill or open invoice. Even harder is trying to respectfully request immediate payment without the [...]

Individual Taxpayer Identification Number (ITIN)

An Individual Taxpayer Identification Number, or ITIN for short, is for people who have a federal income tax filing or reporting requirement, but who are not eligible for a Social Security number. Taxpayers who need an ITIN can mail a completed Form W-7, along with the required identification documents and federal tax return, to the IRS. [...]

Reminders for Extension Filers

Did you request an extension of time to file your tax return? If so, the filing deadline is coming soon. Since October 15 falls on a Saturday this year, you have until October 17 to file. But don't wait to file! File electronically as soon as possible once you have all your information together. There's no [...]

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