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JFSInc

  1. #smallbiz owners, read about Expanded WOTC for hiring qualified veterans, 1.usa.gov/yaphhB
  2. #smallbiz owners, learn about the Small Business Health Care Tax Credit here 1.usa.gov/ckBJI8
  3. Automated IRS System Helps #College Bound Students with Financial Aid Application Process. Info on youtube bit.ly/xpVFPB
  4. The House Ways & Means Committee’s agenda for the remainder of 2012 will be to work on extending the Bush-era #tax cuts!
  5. Florida Sales Tax Holiday Aug 3rd through Aug 5th 2012. No sales tax on certain clothes and school supplies.
  6. Glad to hear Senate Bill Sen 2343 did not pass. Would have taxed 3 shareholder or less PSC S-Corp's for payroll taxes on their profits!
  7. QuickBooks system update planned, update your QkBks ledger priot to 05/24/12. Intuit system will be down for 5 days starting 05/24/12 @ 6PM.
  8. QuickBooks & QkBks Payroll products, Intuit will be performing a system-wide upgrade starting on 05/24/12 @ 6PM PT through 05/29/12 @ 5AM PT
  9. The American Opportunity Tax Credit, which offsets higher education expenses, is set to expire after 2012. Maybe pay 2013 tuition in 2012?
  10. Now is a good time to adjust your withholding & make needed adjustments for this current tax year.
  11. Using QuickBooks for your accounting and payroll? If using it for payroll, download the new payroll update!
  12. Unemployed and owe IRS for 2011 taxes? Reduced penalties in certain cases, for payment plans using direct debit.
  13. Owe the IRS? Now you can pay them back over 6 years! Tax balance due limit increased from $25k to $50k!
  14. Employee payroll tax cut extended through 12/31/2012.
  15. FL foreclosure settlement details, cash if foreclosed from 1/1/08 thru 12/31/11 & loan mods for currrent situations. MyFloridaLegal.com
  16. Confused with internet & texting abbreviations? Go to netlingo.com to look them up.
  17. IRS says Tampa is one of the 9 high risk cities for identity theft. bit.ly/w5kpkH
  18. IRS cracks down on identity theft. More than 200 actions taken in the past week. 1.usa.gov/xmZudW
  19. Today is the kickoff for the 2011 tax filing season! Today is the first day of e-filing for this year!
  20. C-Corp & S-Corp shareholder reasonable compensation become a central focus of IRS audits.