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Intuit QuickBooks Payroll

  Payr oll Update: Revised Tax Tables   Intuit has released  Payroll Update 21316 , with revised tax tables. Several forms updates are included for Standard and Enhanced Payroll customers. This email also contains timely information about the  Affordable Care Act . It's important that you receive everything in the Payroll Update  so that you will be in compliance with legislation that affects your payroll. For details on the contents of this update, open QuickBooks, go to  Employees > Get Payroll Updates , and click on the Payroll Update Info  button. How do I know I have the Payroll Update? To make sure that you have received the latest update, open QuickBooks and choose Employees > Get Payroll Updates . You should see a message that says,  "You are using tax table version: 21316." If you do not have version 21316, click  Update .  Get more detailed download...

Managing your Business Finances like a Pro: Getting Started

Begin managing your finances using QuickBooks with these simple steps and quick tips. Getting Started Consult with your accountant and discuss the use of QuickBooks Buy and Install QuickBooks pro (You can buy through us  here ) Structure your various accounts- Start with the minimum number of accounts, then expand. Establish an accounting routine that works for you and stick to it. Work with your accountant and keep in close contact all year round. Good Accounting Habits Record Transactions regularly. Including but not limited to:      Buying/Expense: bills, checks, credit, paying employees, contractors      Selling/Income: estimates, invoices, sales      Credit Card Transactions Reconcile accounts monthly Update financial statements quarterly Be as accurate and Consistent as possible Fix mistakes as they happen (They are fixable!) Set Up Your Budget It is simpl...

Do’s and don’ts for paying part-time employees

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Do’s and don’ts for paying part-time employees   Source:   The  American Institute of Professional Bookkeepers ; Bookkeeping Tips Newsletter Do  withhold FICA on part-timers, including retirees.   Even if someone who works for you part-time also has a full-time job where they have had 100% of their FICA withheld for the year, you must withhold the full amount of FICA from their pay. These individuals can obtain a refund of any overpaid FICA on their 1040. Similarly, if a retiree receiving Social Security benefits works for you, say, one day a week, you must withhold FICA.    Don’t   assume former employees who return part-time are Independent Contractors.   If they do the same job they did before they left, especially in the same tax year, they are employees, not independent contractors. Don't  base worker status on length of service.    A worker who fits the definition of “employee” is...

Intuit Payroll Maintenance- Critical Notice

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Intuit has announced the following about scheduled maintenance regarding their Payroll products: The Intuit Small Business Division, including QuickBooks and QuickBooks Payroll product lines, will be performing a system-wide upgrade starting on Thursday, May 24, 2012 at 6pm PT and ending on Tuesday, May 29, 2012 at 5am PT. Our goal with this upgrade is to provide you and your clients with a complete view into all of the Intuit products and services you use and improve your overall support experience by getting you to the right team Customer Care team member quickly. As a result of this upgrade, some of the services you receive today on the Intuit.com websites, as well as within your QuickBooks and/or QuickBooks Payroll products will be temporarily unavailable at various times throughout the weekend. Unavailable from May 25 8pm - May 26 2am        Creating direct deposit paychecks Unavailable from May 24 6pm - May 29 5am   ...

California EDD Changes Payroll Tax Filings

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Effective April 1, 2011, and beginning with all first quarter 2011 filings, the California Employment Development Department (EDD) is modifying the existing payroll tax forms and changing the filing frequency for the Contribution Return. In summary, the changes are:  The DE 7, Annual Reconciliation Statement, is being replaced with the DE 9, Quarterly Contribution Return and Report of Wages. The DE 9 must now be filed on a quarterly basis.  The DE 6, Quarterly Wage and Withholding Report, is being replaced with the DE 9C, Quarterly Contribution Return and Report of Wages (Continuation). The DE 9C filing is still required quarterly.  There is no change to the DE 88, Payroll Tax Deposit form. What You Need to Do Intuit Payroll is committed to keeping you up-to-date with your payroll service and making sure you have the latest information. If you currently file and pay to the California Employment Development Department using DE 6 and/or DE 7, here’s how the EDD changes may a...

Payroll Filing Deadlines: Coming up soon!

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Upcoming Payroll Tax Filing Dates and Federal Reserve Holidays to Remember Payroll Taxes May 2, 2011 : Deadline to file Form 941 for first quarter 2011 if you did not deposit all taxes when due. May 2, 2011 : Deadline to deposit FUTA tax owed through March if more than $500. May 10, 2011 : Deadline to file Form 941 for first quarter 2011 if you deposited all required payments on time. August 1, 2011 : Deadline to file Form 941 for second quarter 2011 if you did not deposit all taxes when due. August 1, 2011 : Deadline to deposit FUTA tax owed through June if more than $500. August 10, 2011 : Deadline to file Form 941 for second quarter 2011 if you deposited all required payments on time. Holidays May 30, 2011 : Federal Reserve Bank holiday—Memorial Day. July 4, 2011 : Federal Reserve Bank holiday—Independence Day. September 5, 2011 : Federal Reserve Bank holiday—Labor Day August 1, 2011 : Deadline to file Form 5500 or 5500EZ for 2010 if you maintain an employee benefit...

Quickbooks Time and Billing Manager

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How efficiently do you keep track of your employees' work hours? Intuit has developed a software that allows you to stay organized and do it fast. We highly recommend it! SIMPLE AND ACCURATE TIME TRACKING! •Use your time for invoicing, payroll processing, and job costing. •Easily review, edit, and approve time activities for your business. •Automatically integrates with QuickBooks and Outlook •Create customizable time reports and PDF reports •Review and approve your employees' time sheets to reduce errors Click HERE for a deeper look, or watch the embedded video for more information. Got a QuickBooks Mess? Call The QuickBooks Gal! 775-348-9225 Call Northern Nevada's Only Intuit Solution Provider! Sales, Support, and Training 775-348-9200 qbdoc@qbdoc.com www.qbdoc.com The QuickBooks Gal Custom Business Solutions 1755 E Plumb Lane, Ste 101 Reno, NV 89502 775-348-9225 jayne @ qbgal.com

Payroll Update: Revised Tax Tables

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Intuit has released Payroll Update 21108 , which includes revised tax tables. Several forms updates are also included for Standard and Enhanced Payroll subscribers. To see the complete contents of this update, click here . Got a QuickBooks Mess? Call The QuickBooks Gal! 775-348-9225 Call Northern Nevada's Only Intuit Solution Provider! Sales, Support, and Training 775-348-9200 qbdoc@qbdoc.com www.qbdoc.com The QuickBooks Gal Custom Business Solutions 1755 E Plumb Lane, Ste 101 Reno, NV 89502 775-348-9225 jayne @ qbgal.com

2011 Payroll Rates and Bases --New year, new changes!

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Social Security Rates Have Changed!  Be sure you are using the right rates! Soc. Sec. and Medicare Rates            4.20%   Employ EE                                                            6.2% Employ ER Social Security Wage Limit                 $106,800 Medicare Wage Limit                          Unlimited FUTA-taxable Wage Base                  ...

"Classic" Payroll Adjustment Window

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Long time users of QuickBooks have sometimes lamented that the old interface to adjust everything in payroll is no longer there. For all of the improvements that payroll functionality has had, the loss of a simple way to adjust any payroll item in any period was missing. Well - good news. It isn't gone, just hard to find. With this simple trick you can get there. First, go to the help menu and select "About QuickBooks." With that screen displaying (which shows your version, product number, license number, etc) Press the Alt, Control and Y buttons at the same time. This will bring up a window which will let you adjust any payroll item for any employee in any time period! Give it a try the next time you need to make adjustments and just can't find the way to do so. Got a QuickBooks Mess? Call The QuickBooks Gal! If you are using Point of Sale or you're looking for Cash Register Solutions, call us - we're QuickBooks Point of Sale Solution Providers. ...

Quarterly Payroll Reports - Federal & Nevada

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“Quicklet” - A Podcast for QuickBooks Pro, Premier, Enterprise Solutions, Point of Sale and Peachtree users featuring helpful information, tips, tricks and suggestions for bookkeepers, business owners, and consultants. Got a QuickBooks Mess? Call The QuickBooks Gal! Hi, I'm Jayne Miller, The QuickBooks Gal. Welcome to another in my series of “Quicklets” – informational podcasts about QuickBooks, Peachtree and related bookkeeping topics. Quite often, I get calls from folks who do their own payroll with questions about the standard payroll tax reports that need to be filed. Since I am in Nevada, I would like to recap the payroll reports, Federal and State, that need to be filed quarterly. Here's a quick Check-list of the quarterly and annual reports you will need to file if you live in Nevada: 941 Employers Quarterly Federal Tax Return Nevada State Unemployment Nevada Modified Business Tax 940 FUTA Nevada Child Support Collection Fee Let's take these one by one, quarterly a...

Changes to Nevada Minimum Wage

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Hi, I'm the QuickBooks Gal. Today's Quicklet is a reminder to those of you who process your own payroll that on July 22, 2007 the new Federal Minimum Wage Law took effect. There are several guidelines that we employers should be aware of now in order to assure proper compliance. In addition, many state or local statutes may have been revised, so you might want to check with your state's labor commission regarding the new Federal guidelines and any additional state regulation that may apply. Here in Nevada, state minimum wage regulations are impacted by a law that became effective on July 1, 2007. If you do not use a payroll company such as ADP , Odyssey Business Services , or Payroll Systems of Nevada , you should make sure that you understand the new statutes with particular regard to how hourly overtime is calculated in order to assure that you are in compliance. I've put a link on my blog for Nevada employers who want more information on the new state regulation...

Hodge Podge, Product Updates, and QuickBooks Gal News

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Hi, I’m Jayne Miller, the QuickBooks Gal . Welcome to another in our series of “Quicklets” –informational podcasts about QuickBooks and related bookkeeping topics. Today, I’m going to address a hodgepodge of topics…time to catch up a little and answer some questions from listeners. First, I want to thank my listeners and subscribers for their time and for helping to make The QuickBooks Gal such a success in the first few months of broadcasting. We are growing fast and it all thanks to you! I appreciate everyone’s interest and comments…thank you. I received an email and follow-up phone call from one of our listeners in New York. Geetha Krish is a CPA and QuickBooks ProAdvisor who listens regularly and reminded me that I haven’t done a follow-up podcast about backing up data. Thanks for the reminder Geetha….I will do that one very soon. I have put a link to Geetha’s website on my blog for those of you in New York who may be looking for an experienced QuickBooks professiona...