Should I be collecting and remitting sales tax? By Jason Rush, head of Payroll and Sales Tax @ Tax Goddess Business Services®, PC, Scottsdale CPA Sales tax (also known as transaction privilege tax) can often be a confusing, and let’s admit,…
Employers offering use of a company auto to employees must report fair market value of personal use as a non-cash fringe benefit on the employees’ W-2, this includes officers of S-Corporations. Officers of S-Corporations are required to add the amount…
It’s 110 in the valley, and it’s a great time to make sure that you have all the correct forms on file for issuing 1099s and W-2s at the end of the year. The IRS requires 1099’s to be issued…
Have you ever had the scenario where you expected something to go one way, but then it when a completely different way? This is what is considered lack of controls and the company. Lack of controls can cause serious damage…
COGS - do you know what this stands for? COGS stands for cost of goods sold. What this means to your business is really a question for you. Do you understand what it really costs to sell whatever your item…
So, did the title catch your attention? Our first deadly sin is the sin of sloppy accounting. I know, I know not nearly as exciting as the actual seven deadly sins but what you do, I'm a CPA! So, how…
A very good friend of mine, and a local CPA, Robert Minniti is a specialist in accounting, fraud and forensic accounting, and is a certified fraud examiner and a certified forensic accountant. Basically meaning he is an absolute specialist in…
Note to all the Quickbooks and Peachtree users out there! The IRS is coming!! I am sure we all have a few skeletons in our closets/files that we really don't want to get out! In order for you to be…
