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Intuit QuickBooks Payroll Update: Revised Tax Tables

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Intuit has released Payroll Update 21113 , which includes revised tax tables.  What do I need to do? It's important that you receive everything in the Payroll Update to make sure that you are in compliance with legislation that affects your payroll. Just follow these three simple steps: Check to see if you have Automatic Updates turned on. -- Choose Help > Update QuickBooks. -- On the Options tab, you will see either Yes or No selected for Automatic Update. If Yes is selected, you should receive all Payroll Updates automatically when they are released the next time you are connected to the internet. You can verify that you received Payroll Update 21113 from within QuickBooks. Go to Employees > Get Payroll Updates . You should see a message that says, "You are using tax table version 21113." If No is selected for Automatic Update, you need to download the update manually. Disk delivery customers: The next dis...

IRS Increases Mileage Rate to 55.5 Cents per Mile

IR-2011-69, June 23, 2011 WASHINGTON — The Internal Revenue Service today announced an increase in the optional standard mileage rates for the final six months of 2011. Taxpayers may use the optional standard rates to calculate the deductible costs of operating an automobile for business and other purposes. The rate will increase to 55.5 cents a mile for all business miles driven from July 1, 2011, through Dec. 31, 2011. This is an increase of 4.5 cents from the 51 cent rate in effect for the first six months of 2011, as set forth in Revenue Procedure 2010-51. In recognition of recent gasoline price increases, the IRS made this special adjustment for the final months of 2011. The IRS normally updates the mileage rates once a year in the fall for the next calendar year. "This year's increased gas prices are having a major impact on individual Americans. The IRS is adjusting the standard mileage rates to better reflect the recent increase in ...

Nevada Child Support Info for Employers: "Need to Knows"

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Income Withholding Order/Notice Income withholding is the court or administratively ordered deduction of a specified amount from a parent’s income for payment of child support. All employers must honor an income withholding order/notice for child support from any state. Out-of-state income withholding orders/notices are valid throughout the country including US Territories. All states are required to use a standardized withholding form entitled Order/Notice to Withhold Income for Child Support (OMB No. 0970-0154). A child support income withholding order/notice must be paid before all other garnishments, with one exception. The only exception is a Federal (IRS) tax levy entered prior to when the child support order was established. It is the date the child support order is established, and not the date the withholding order/notice is served on the employer, that determines precedence. The employer deducts the specified amount of child support each pay period and sends it to the:...

Differences Between Certifications in Quickbooks: Who are you trusting with your books?

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The Differences Between Certifications in QuickBooks Why do you need a Certified QuickBooks ProAdvisor? Is this someone you can trust when you are starting your own business? Many of these questions are asked everyday and as a small business, QB Doc understands your frustration. However, we can provide accurate information on who you need to trust when it comes to working with QuickBooks software. The information below gives you the general idea about the differences between the following: ProAdvisor, Certified ProAdvisor, Certified ProAdvisor Point of Sale, Certified ProAdvisor Enterprise, Advanced Certified ProAdvisor, and Intuit Solution Provider. ProAdvisor : Generally, a bookkeeping or accounting professional who has signed up for Intuit’s ProAdvisor program and paid an annual fee. ProAdvisors are not listed on Intuit’s “ Find a ProAdvisor ” website and have not necessarily received any training or passed any certification.   Certified ProAdvisor : an individual who has...

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