employer identification number: Şubat 2013

25 Şubat 2013 Pazartesi

January To-do's

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Welcome back for anotheryear of advice, tips, and helpful information from The QuickBooksGal!

We all know that Januarycan be a very busy month for most of us. The QuickBooksGal is here to helpalleviate any stress and worries that you may have with a January To-do list.
January To-do List:
Step one: W-4's

Download or order your IRS W-4 forms and have all employees fill out and sign them. If there are any changes to withholding that need to be made, now is the time to do it.

*As of today the forms are still not available, but you can find them here at IRS Forms when they become available.

Step two:W-2's

Order W-2 forms at QBGal Store to receive a 20% discount.
Send W-2 forms to employees no later than January 31st.

W-2's are a four partform.

Copy A goes to the Social Security Administration
Copies B & C go to the employee
Copy D the employer retains for their records

Step three:

Use W-3 form which is a recap sheet that indicates how many forms there are and the total amount of W-2's in transmission
Photocopy your W-3 form and attach to your file copy D.

SMART TIP!It's a good idea not to mail in thefederal copies until February 25th. This allows you to make changesand prevents any need to file an amended W-2 form.
1099 forms: are required for any service providers thatare unincorporated, to whom you pay $600 or more a year. Samedeadlines apply for 1099 as they do for the W-2 forms

Copy A for Internal Revenue Service Center
Copy B for the independent contractor or 1099 vendor
Copy C for the business owner (you)
Copy 1 and 2 to the recipient

1096 Form: Transmittal form:
Is submitted with copy A and then submitted to the IRS.Make sure to check the"mail-to" address on transmittal forms, since they vary.

SMART TIP!It's a good idea not to mail in thefederal copies until February 25th. This allows you to make changesand prevents any need to file an amended 1099 or 1096 form.

Can't Log Off Match.Com Always Logged On Match

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You like searching for love on Match.com but you find that you are logged on all the time right? For some reason you are not being logged off Match.com. That is, when others view you it says something line " online now " but you aren't even on your computer or using the related application on your cell phone. This could be embarrassing if you think you have found that someone special and they take notice that you are still searching for a date on Match 24 hours a day, 7 days a week.

There are a number of reasons why Match isn't logging you off. One reason there is no sign off is that when you are searching the site on your PC or Mac you are failing to log off before closing the website's window on your computer screen. This is probably too simple of an explanation though. I think your real problem here is that you've installed the Match.com app on your cell phone and the app you are using it a little tricky to use when it comes to logging on and logging off.

A quick way to double check this is to go to the Match app icon on your cell phone touch screen and press the icon. Once the app opens determine if it is asking you to log in or are you logged in right away? If you are logged in right away, the issue is that you are not logging out of the application before you close it. In other words, you are just pressing the back button on your phone, or closing the app without actually going to "Log Out" or "Sign Off" button

At least as of today's date I find the Match app pretty tricky to log out. Here is what I suggest:

Step 1

First, keep in mind that I am doing this on an LG Lucid cell phone but I suspect it will work the same on any phone. OK try this.....
When you are done browsing views, profiles, interests, photos, etc look to see if there is a "Menu" tab on the bottom of your screen. Don't press the menu tab, just see if one is there.

Step 2 - Not Seeing The "Menu" Tab

If you are not seeing the "Menu" tab press the back button on your cell phone. On the LG Lucid it is the bottom button with the arrow turning on itself. This button is next to the search (magnifying glass) button.

Press the back button until you see the "Menu" tab at the bottom of the screen. Again, don't press menu

Step 3 - If You See The "Menu" tab
Once you see this button go ahead and press the menu button on your cell phone. NOTE, do Not press the menu TAB on your cell phone touch screen, only press the menu button on your cell phone. On the LG Lucid this button is on the bottom far left with the square on it. It is not a button or icon on the application itself, it is

the one on the cell phone.

Step 4 - Refresh Settings Help

When you press the button the application should give you the option of "Refresh Settings Help" Press "Settings"

Step 5 - Press Sign Out

Then press "Sign Out" If you can't find "Sign Out" don't worry, you aren't the only one that struggles with this one. You'll see visibility settings, user info, text alerts, notifications and above all of that, in the upper right corner of the screen is the "Sign Out" button. Press it and you'll be signed out.

I hope that helps. Please Check Out Some Other Match Dot Com Tips Below What Happens When I Click The Maybe Button When Rating Matches? OK, How Do I Tell When My Match.Com Subscription is Over?

Tax Problems - Does a tax lien automatically attach to the taxpayer's property?

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ABA Tax Accounting | Tax Problems | St. Paul, MN Accounting Firm

Tax Problems - Does a tax lien automatically attach to the taxpayer's property?
Yes. A tax lien arises automatically when the taxpayer fails to pay an assessed tax, and the IRS does not need to take any action to validate the lien. The lien relates back and attaches to the taxpayer's property as of the date of the assessment. A tax lien is generally valid against a third party however, only if the IRS timely files a Form 668(Y) (Notice of Federal Tax Lien) with the appropriate authority. Once the notice of lien is properly filed, any third person acquiring the property acquires it subject to the tax lien. Considering a Tax Professional? For no obligation free consultation contact us today!ABA Tax AccountingAmare Berhie, Senior Tax Accountantamare@abataxaccounting.com612-282-3200 Toll Free866-936-0430http://www.abataxaccounting.comwww.abatax81.blogspot.comwww.abataxaccounting.wordpress.com

24 Şubat 2013 Pazar

Can't Log Off Match.Com Always Logged On Match

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January To-do's

Download or order your IRS W-4 forms and have all employees fill out and sign them. If there are any changes to withholding that need to be made, now is the time to do it.

*As of today the forms are still not available, but you can find them here at IRS Forms when they become available.

Step two:W-2's

Order W-2 forms at QBGal Store to receive a 20% discount.
Send W-2 forms to employees no later than January 31st.

W-2's are a four partform.

Copy A goes to the Social Security Administration
Copies B & C go to the employee
Copy D the employer retains for their records

Step three:

Use W-3 form which is a recap sheet that indicates how many forms there are and the total amount of W-2's in transmission
Photocopy your W-3 form and attach to your file copy D.

Copy A for Internal Revenue Service Center
Copy B for the independent contractor or 1099 vendor
Copy C for the business owner (you)
Copy 1 and 2 to the recipient

Tax Problems - Does a tax lien automatically attach to the taxpayer's property?

23 Şubat 2013 Cumartesi

ABA Tax Accounting | Tax Problems | St. Paul, MN Accounting Firm

To contact us Click HERE
ABA Tax Accounting | Tax Problems | St. Paul, MN Accounting Firm

Tax Problems
We're here to help you resolve your tax problems and put an end to the misery that the IRS can put you through. We pride ourselves on being very efficient, affordable, and of course, extremely discrete. For no obligation free consultation contact us today!ABA Tax AccountingAmare Berhie, Enrolled Agentamare@abataxaccounting.com612-282-3200 Toll Free866-936-0430http://www.abataxaccounting.comwww.abatax81.blogspot.comwww.abataxaccounting.wordpress.com

Can't Log Off Match.Com Always Logged On Match

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THE REST OF THE 2013 INFLATION ADJUSTMENTS

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Now that the American Taxpayer Relief Act of 2012 has become lawthe IRS has issued the balance of the annual inflation adjustments for 2013. Here are some of these adjustments (allamounts below pertain to 2013 income tax returns filed in 2014) -
• A new tax rate of 39.6 percent has been added for Singlefilers whose income exceeds $400,000, $425,000 for Head of Household, $450,000for Married Filing Joint, and $225,000 for Married Filing Separate. The othermarginal rates — 10, 15, 25, 28, 33 and 35 percent — remain the same as inprior years.
• The Standard Deductionrises to $6,100 for Single and Married Filing Separate, $8,950 for Head ofHousehold, and $12,200 for Married Filing Joint.
The Standard Deduction for a dependent is the greater of (1) $1,000,or (2) the sum of $350 and the individual's earned income (up to $6,100).
The additional Standard Deduction amount for the age 65 or olderor blind is $1,200 for married individuals and $1,500 for Single and Head ofHousehold.
• The personal exemption rises to $3,900. The exemption is subject to a PEP phase-outthat begins with adjusted gross incomes of $250,000 for Single, $275,000 forHead of Household, $300,000 for married couples filing joint, and $150,000 forMarried Filing Separate.
• The Pease limitationfor itemized deductions claimed on returns of Single filers with incomes of$250,000 or more, $275,000 for Head of Household, $300,000 for Married FilingJoint, and $150,000 for Married Filing Separate.
• The Alternative Minimum Tax exemption amount is $51,900 forSingle and Head of Household, $80,800 for Married Filing Joint and $40,400 forMarried Filing Separate. The 28% AMT taxrate kicks in at AMT taxable income of $179,500 ($89,750 for Married FilingSeparate).
• The Estate Tax “unifiedcredit” exclusion is $5,250,000.
The 2013 inflation adjustments are identified in Revenue Procedure 2013-15.
TTFN

CHOOSING A TAX PREPARER

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Ratherthan repeat my annual post on CHOOSING A TAX PREPARER, let me summarize.
(1) You really should not use a “fastfood” tax preparation chain, like Henry and Richard, to prepare your taxreturn. Fast food tax preparation chains are not cheap, and they certainlydo not provide the quality of service that an individual independent taxprofessional does.(2) Contrary to the popular “urban taxmyth” perpetuated by uninformed journalists, just because a person has the initials “CPA” after his/her name doesnot mean that he/she knows his arse from a hole in the ground when it comes topreparing 1040s.Only those individuals who possessthe “EA” (Enrolled Agent) or “RTRP” (Registered Tax Return Preparer)designations have demonstrated competency in 1040 preparation by taking anIRS-sponsored test, and are required to remain current in 1040 law by taking aminimum number of hours in continuing professional education (CPE) in federalincome taxes each year. An “EA” is NOT an employee, representative, or “agent” of the Internal RevenueService. An “EA” is an independent taxprofessional. While CPAs and attorneys who haveregistered with the IRS and received a PTIN (Preparer Tax IdentificationNumber) are permitted to prepare 1040s for compensation, they are exempt fromdemonstrating any degree of competence and are exempt from having to remaincurrent by taking CPE in federal taxation. (3) And, of course, no tax preparation software is a substitute for knowledge of the taxcode. And no tax preparation software is a substitute for the services of atrained tax professional! Garbage-in,garbage-out says it all. AsI usually end the post - it may actually be possible that the best taxpreparer, at the best price, for your particular situation is either a CPA oran H+R Block, or other fast-food chain, employee. But this is only because ofthe education, experience, ability, temperament, and other factors that arespecific to that individual preparer. “Nuffsaid. TTFN

January To-do's

Download or order your IRS W-4 forms and have all employees fill out and sign them. If there are any changes to withholding that need to be made, now is the time to do it.

*As of today the forms are still not available, but you can find them here at IRS Forms when they become available.

Step two:W-2's

Order W-2 forms at QBGal Store to receive a 20% discount.
Send W-2 forms to employees no later than January 31st.

W-2's are a four partform.

Copy A goes to the Social Security Administration
Copies B & C go to the employee
Copy D the employer retains for their records

Step three:

Use W-3 form which is a recap sheet that indicates how many forms there are and the total amount of W-2's in transmission
Photocopy your W-3 form and attach to your file copy D.

Copy A for Internal Revenue Service Center
Copy B for the independent contractor or 1099 vendor
Copy C for the business owner (you)
Copy 1 and 2 to the recipient

22 Şubat 2013 Cuma

January To-do's

Download or order your IRS W-4 forms and have all employees fill out and sign them. If there are any changes to withholding that need to be made, now is the time to do it.

*As of today the forms are still not available, but you can find them here at IRS Forms when they become available.

Step two:W-2's

Order W-2 forms at QBGal Store to receive a 20% discount.
Send W-2 forms to employees no later than January 31st.

W-2's are a four partform.

Copy A goes to the Social Security Administration
Copies B & C go to the employee
Copy D the employer retains for their records

Step three:

Use W-3 form which is a recap sheet that indicates how many forms there are and the total amount of W-2's in transmission
Photocopy your W-3 form and attach to your file copy D.

Copy A for Internal Revenue Service Center
Copy B for the independent contractor or 1099 vendor
Copy C for the business owner (you)
Copy 1 and 2 to the recipient

Can't Log Off Match.Com Always Logged On Match

To contact us Click HERE

How to Check Test Quality of Poly Coveralls

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If you are using those white spunbound polyethylene coveralls at some point you might be considering buying another brand. Maybe you want to check the quality of other coveralls or maybe you want to do a cost comparison in hopes of saving money. Whether you are considering Alpha Guard, Alpha Pro Tech (same as Alpha Guard), Dupont Tyvek, 3M or other brands and manufacturers, you'll definitely want to do a comparison test of your current coverall versus the new brand you are considering buying.

So, how do you test the quality of white polyethylene coveralls? This is a hard question to answer as your company might use those white Tyvek or Tyvek-like coveralls in a different manner than the company I work for does.

Some wear polyethylene coveralls to protect clothing and skin from debris and other splatter (maintenance, site clean up, construction workers, etc). Others wear poly coveralls in a more clean room (or clean room-esque) environment where they want to avoid having any lint, strings from clothes, hair, etc fall off the person and into the product (food process workers, pharmaceuticals, etc)

So how do you test a potentially new brand of coverall? Well, first, let's presume you need the same style. For the sake of this article, we are talking serged seamed, spunbound, white, polyethylene coveralls that have elastic wrists and cuffs as well as a hood that fits via elastic snug around face.

Second, as a disclaimer, I can't say for sure this test method will work the same way for you. The way I test does not include any worry about hazardous chemicals or other hazard debris since we don't use any. If you are using dangerous chemicals or debris that can cause harm to a person, consult an available safety expert (your plant safety officer or contact manufacturer directly for advise). This person will likely ask for some sort of chemical comparability testing that I can not inform you on.

The only use I have for the coveralls is in an industrial environment where non hazardous inks might come in contact with our employees. We wear the coveralls to help them keep clean and to also help prevent any skin, hair, threads, etc from falling into the product.

Here are a couple of thoughts on how I compare two competitive coveralls to see if they are of equivalent quality

1. Take one of each kind of coverall and lay them side by side. Do they look to be the same size that you are already accustomed too?

2. Take your current coverall and try to tear it and note how easily it tears. You might want to try puncturing it too with your finger for example and note how easily it tears. Repeat the same step with the potential new coverall.

3. Look at the seams of each coverall. Do the appear sewn together well?

4. Look for loose threads. This is a big factor depending on what kind of business you are in. If the risk of a loose thread getting into your product is a big deal, check carefully. Some coverall manufacturers leave threads hanging on every product, others keep it pretty clean and tight with no threads.

5. Check the elastic wrists and ankles. Do they seem to be sewn well. Some makers do this part more sloppy with hanging threads and the end of the elastic hangs loose as well. Others are more tight.

6. Check for fit. Have your employees wear them. Are they easier or harder to put on? Get off? Do they fit well or too tight/loose? Do the elastic bands fit too snug or, worse, not snug at all?

7. Temperature. Also find out if the new coverall is too hot to wear. You'll always get real hot in a coverall but some are much worse (less breathable) than others. Take note of this as well.
I hope that helps. If you are one of the many users of Tyvek coveralls here is a brand that competes with Dupont Tyvek Coveralls. Check it out as this might give you another option to look at to save money or improve performance on coveralls.

Tax Problems - Does a tax lien automatically attach to the taxpayer's property?

Certified QuickBooks ProAdvisor

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ABA Tax Accounting | QuickBooks ProAdvisor

QuickBooks Accounting - Accounting software programs like QuickBooks are ideally suited for small business owners. These programs have simplified the bookkeeping process for you. However, no accounting package can be operated properly without sufficient understanding of its features and functionality. It is a must for proper business management to complete the set up and installation properly. For no obligation free consultation contact us today!ABA Tax AccountingAuthorized QuickBooks AffiliateToll Free (866) 936-0430 http://www.abataxaccounting.cominfo@abataxaccounting.comQuickBooks Accounting Services

21 Şubat 2013 Perşembe

Important Reminders about Tip Income

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ABA Tax Accounting | Tax Services | St. Paul, MN Accounting Firm

Federal, State, Local and International Taxes - If your pay from your job includes tips, the IRS has a few important reminders about tip income: · Tips are taxable. Individuals must pay federal income tax on any tips they receive. The value of non-cash tips, such as tickets, passes or other items of value are also subject to income tax.· Include all tips on your return. You must include all tips that you receive during the year on your income tax return. This includes tips you received directly from customers, tips added to credit cards and your share of tips received under a tip-splitting agreement with other employees.· Report tips to your employer. If you receive $20 or more in cash tips in any one month, you must report your tips for that month to your employer. Your employer is required to withhold federal income, Social Security and Medicare taxes on the reported tips.· Keep a daily log of tips. You can use IRS Publication 1244, Employee's Daily Record of Tips and Report to Employer, to record your tips.For no obligation free consultation contact us today!ABA Tax AccountingAmare Berhie, Senior Tax Accountantamare@abataxaccounting.com612-282-3200 Toll Free866-936-0430http://www.abataxaccounting.comwww.abatax81.blogspot.comwww.abataxaccounting.wordpress.com