Northfield NJ CPA – Tax, Accounting & Consulting Services (609) 641-4000 | info@capaldireynolds.com
Ctrl+Y- A useful tool
Did you ever wonder how to easily find the way a transaction was entered into Quickbooks? Ctrl + Y is the answer. Using those keys when in an open Quickbooks screen for a vendor bill, check, or invoice, etc. will bring up a screen showing which accounts recorded the transaction.
Over the past month, many of us, accountant and client alike, have received a notice from the IRS for underpayment of taxes related to a Form 1041 (U.S. Income Tax Return for Estates and Trusts) that was filed electronically with a balance due. If you filed your...
As the summer nears its close, business owners who were able to take advantage of the Small Business Administration’s (SBA’s) Paycheck Protection Program (PPP) are still grappling with a number of questions and issues. At the forefront of these are determining how...
I’d like to start off this article by addressing a few of the conditions we as employees, owners, and citizens are experiencing in our daily lives and our employment situations, and how that relates to this article and the article published in our last newsletter. As...
The Coronavirus Aid, Relief and Economic Security (CARES) Act contains provisions that make it easier to withdraw funds in certain tax-advantaged retirement accounts like 401(k)s and traditional Individual Retirement Accounts (IRAs). These temporary changes eliminate...
Due to the COVID-19 pandemic, the IRS was unable to mail some previously printed balance due notices as a result of office closures. As IRS operations continue to reopen, these notices will be delivered to taxpayers in the next few weeks. Some of the notices may...
As many businesses have been affected negatively across the nation due to the effects of the Coronavirus, there are a number of payroll tax benefits resulting from the CARES Act that have become available to help employers during this difficult time. One option for...