Goldsmith Consulting & Bookkeeping

08/29/2017

AVOID ID THEFT & CHECK FRAUD - Do not put your outgoing checks in an unsecured outgoing mailbox. Take them to a 'Blue box' or the Post Office. Check theft & fraud is occurring right in our neighborhoods & business complexes.

08/26/2017

For my payroll customers:
Run a payroll update & restart QB.
This will remove the subscription renewal update notice. Do not submit payment, your subscription is under mine. If issues contact me for assistance.

03/17/2015

How should your business handle health insurance premium reimbursement to S Corp 2% shareholders? We break down the basics here.

06/14/2013

FYI ~ If you are currently using QuickBooks 2013 there is a Maintenance R7 release available to fix some issues. You will need to restart QB after downloading the update for the update to install and take affect.

05/13/2013

Getting reconnected! Please share my page!

01/30/2013

If you are running your payroll through QuickBooks please be sure to do payroll updates so you have the correct tax tables. (Click on Employees > Get Payroll Updates) Check for regular QuickBooks updates as well if you are using Version 2013. (Click on Help > Update QuickBooks...)

01/30/2013

REMINDER - W-2's & 1099's should be postmarked by tomorrow Jan. 31. Your 941's, 940's, State Withholding, State Unemployment and any local taxes should be filed by tomorrow as well.

01/30/2013

INFO ON DELAYED FILING OF INDIVIDUAL RETURNS:

Upon the start of the IRS filing season on January 30th, 2013, the IRS has announced that certain forms will not yet be accepted for processing, either electronically or on paper. Unfortunately, you must post-pone filing of any returns containing these forms.

List of IRS forms that 1040 filers can begin filing in late February or into March 2013


The list of forms below may be reviewed on the IRS web site at the following URL: http://www.irs.gov/uac/Newsroom/List-of-IRS-forms-that-1040-filers-can-begin-filing-in-late-February-or-into-March-2013


The following tax forms will be accepted by the IRS in late February or into March after updating forms and completing programming and testing of its processing systems. A specific date will be announced in the near future.
•Form 3800 General Business Credit
•Form 4136 Credit for Federal Tax Paid on Fuels
•Form 4562 Depreciation and Amortization (Including Information on Listed Property)
•Form 5074 Allocation of Individual Income Tax to Guam or the Commonwealth of the Northern Mariana Islands
•Form 5471 Information Return of U.S. Persons With Respect to Certain Foreign Corporations
•Form 5695 Residential Energy Credits
•Form 5735 American Samoa Economic Development Credit
•Form 5884 Work Opportunity Credit
•Form 6478 Credit for Alcohol Used as Fuel
•Form 6765 Credit for Increasing Research Activities
•Form 8396 Mortgage Interest Credit
•Form 8582 Passive Activity Loss Limitations
•Form 8820 Orphan Drug Credit
•Form 8834 Qualified Plug-in Electric and Electric Vehicle Credit
•Form 8839 Qualified Adoption Expenses
•Form 8844 Empowerment Zone and Renewal Community Employment Credit
•Form 8845 Indian Employment Credit
•Form 8859 District of Columbia First-Time Homebuyer Credit
•Form 8864 Biodiesel and Renewable Diesel Fuels Credit
•Form 8874 New Markets Credits
•Form 8900 Qualified Railroad Track Maintenance Credit
•Form 8903 Domestic Production Activities Deduction
•Form 8908 Energy Efficient Home Credit
•Form 8909 Energy Efficient Appliance Credit
•Form 8910 Alternative Motor Vehicle Credit
•Form 8911 Alternative Fuel Vehicle Refueling Property Credit
•Form 8912 Credit to Holders of Tax Credit Bonds
•Form 8923 Mine Rescue Team Training Credit
•Form 8932 Credit for Employer Differential Wage Payments
•Form 8936 Qualified Plug-in Electric Drive Motor Vehicle Credit

01/17/2013

01/17/2013

W-2's & 1099's are due to be mailed by Jan. 31, 2013. I do have extras to purchase if you only need a few so you don't have to purchase more than you need.

01/16/2013

The 2012 tax season will not begin until Jan. 31, 2013 due to the late decisions on the Fiscal Cliff so the IRS is preparing tax forms for your Enrolled Agent or CPA to get started filing Feb. 1, 2013. The due dates will remain the same. March 15 for Corporations & April 17 for Partnerships & Individual returns.

01/16/2013

Estimated Quarterly payments for the 4th quarter 2012 are due Jan. 15, 2013.