From the BPA Desk:Articles

1099’s – Penalties & Fines

1099 Penalties and Fines   The IRS really wants you to make sure all of the information on 1099s are accurate and that you file on time. In addition to penalties for…

January 25, 2018

1099’s – What Are The Rules?

1099 Rules for Business Owners in January 2018 Over the past few years there have been a number of changes and updates regarding the reporting rules for the mysterious 1099-Misc Forms. …

January 25, 2018

Tax Reform – What You Should Know

Business Income Tax Changes: Corporate tax rates change from a progressive rate schedule with rates starting at 15% and maximizing at a 35% rate in 2017 to a flat rate…

January 25, 2018

Why You Should Use QuickBooks’ Snapshots

QuickBooks provides multiple ways to get information about your customers, their payments, and your company itself. The software’s Snapshots provide quick, thorough overviews. What do you do when you need…

May 11, 2016

Use QuickBooks Custom Fields to Improve Insight

QuickBooks’ structure is universal enough to appeal to millions of small businesses. Custom fields help you shape it to meet your company’s unique needs. If you’re using QuickBooks, you probably…

May 11, 2016

5 IRS Audit Red Flags

You may have done nothing wrong. But the prospect of an IRS audit makes everyone sweat. Many things probably go through your mind as you’re preparing a tax return or…

May 11, 2016

Retirement Plan for Sole Proprietors

Retirement Plans for Sole Proprietors Granted, retirement plans are usually easier if you’re a full-time employee. But if you’re self-employed, you can still contribute to a retirement plan. It’s expensive…

May 11, 2016

How to File an Amended Tax Return

Oops! Did you determine that you made an error on an income tax return that you already filed? It’s not unusual. That’s why the IRS has a special form that…

October 9, 2015