January 20th, 2017

QuickBooks 2014 time has come to a supportive end. Intuit’s annual announcement of the “Disco” (discontinuation) of an older version of QuickBooks has been announced. If you are using QuickBooks 2014 (Windows and Mac) then you won’t be able to use certain services and features after May 31, 2017. I won’t address why they do it, or if I think it is a good practice, I’ll just discuss what the impact will be on your business.

For details beyond what I provide here see this Intuit…

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December 17th, 2016

Self employed W2 earner benefits to consider should you place yourself on your own payroll. While there are a lot of perks to being self-employed — you can make your own schedule, wear what you want to work, and generally be your own boss — not having a traditional job can cause problems when it comes time to get a mortgage.

It is estimated that some 15 million Americans (about 10.1% of the workforce) were self-employed in 2015, according to the U.S. Bureau of Labor Statistics, and lenders…

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August 4th, 2016

Key Provisions of the Final Overtime Rules
The final overtime rules focus primarily on updating the salary and compensation levels needed for Executive, Administrative and Professional workers to be exempt. Specifically, the Final Rule:

Sets the standard salary level at the 40th percentile of earnings of full-time salaried workers in the lowest-wage Census Region, currently the South ($913 per week; $47,476 annually for a full-year worker);
Sets the total annual compensation…

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August 21st, 2015

EMV chip cards

EMV Chip transition for business owners is something you should be aware of if you accept credit cards. You may have heard that the United States is transitioning to full adoption of EMV chip-enable cards to reduce credit card fraud. This means that there will be changes to the way payment are made and accepted since the liability shift is going into effect on October 1, 2015.

WHAT IS EMV?

EMV is the global standard for smart card payments and acceptance devices, named after the developers:…

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July 15th, 2015

Financial apps can be so useful! Being financially organized is priceless especially when it come to doing your taxes. So instead of waiting to learn about these come tax season, get a jump on things and download a few financial apps now.  Who knows they just may allow you to file your taxes earlier than you usually do since you’ll be so financially organized.

Why apps, well let’s face it we have our phones with us 247/365 and it’s the first thing we typically reach for to do things these…

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