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Small Business? DON'T Make These Tax Filing Mistakes

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Top 5 Sales Tax Filing Mishaps Are you a small business owner dealing with taxes to do this season? Here are a list of things to avoid when filing.  1. Not paying attention to different rules for different states When you cross over borders, sometimes the rules may and probably will change. Each state has their own way of doing sales tax compliance's. These rules can vary in due dates, formats, penalties and more. Make sure if you are covering a variety of states that you have all your ducks in a row before you begin! 2. Not filing for anything because you didn't have any tax Just because you didn't collect any taxes throughout a certain period, doesn't mean you don't have to file. Most states make you do filing for periods that you didn't collect anything at all. If not completed, you may be penalized! Be on the look out and don't blow off filing just because you had no data for that period.  3. Recording wrong numbers When given a ...

Need a Raise? Here's How to go About it

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HOW TO: Asking for a Raise You think you deserve more for your effort, but it may be nerve wracking asking for recognition. Here are five ways to go about approaching your boss about a raise according to www.dontwasteyourmoney.com 1. Avoid asking towards the beginning of the week Monday's aren't great for anyone. Monday's are proven to be the most stressful and dreaded day of each week. Asking your boss for a favor on that day is a sure-fire way to receive a negative response.   2. Capitalize in the mornings In the mornings, the work place is often the most formal and organized, therefore being a good time to talk to your boss. Studies show that people are the most ethical in the morning, and throughout the day their decision making becomes more inconsistent. Just make sure you have waited for your boss's morning cup of coffee to kick in 😉 3. Save the food for after wards This one may seem a little odd, but according to   studies performed at ...

Does Your Wallet Contain More Than you Think?

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What's in Your Wallet? That $1 may be worth more than you think We all know gold, antique coins can be traded in for more than their initial worth, but did you know about dollar bills? You could trade in those one dollar bills, that you may already have in your possession, for hundreds or thousands of dollars! Recently, CoolSerialNumbers.com has come out with a list of rare, patterned serial numbers printed on dollar bills that collectors are on the look out for and are willing to pay you for.  These include:  At least seven like numbers in a row, or even in no particular order Numbers that repeat over and over (For example, 23232323) Double Quads, which is four like numbers followed by another batch of another four like numbers Radar Repeaters, which are like numbers grouped in twos (For example, 11001100) Trailing zeros, which are any combinations that end in 00 There are also other unique serial numbers, mor...

Tax Season Scammers: Don't be a Victim!

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TAX SEASON SCAMMERS:  Don't be a Victim With tax season, comes scams. When reading the February 2017 issue of the General Ledger (Vol. 34, No 2) I came across an article warning the consequences of falling into a common scheme and how to avoid it this Spring. These scams were aimed to trick accountants, bookkeepers, and tax professionals. It all starts with a phone call or an email. Over the phone, once the potential victim is reached, the person on the line will act as if they are with the IRS. They will ask you to verify certain details regarding your personal information, such as your Social Security number or credit card info. They may even read you data and ask if it is correct.You may also receive an email asking for the same information. In addition, you may receive a message over email telling you there are software updates that need to be performed on your computer. Once you hit download, a program automatically floods your computer stealing your informatio...

SCAMMER ALERT: Can you Hear me?

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SCAMMER ALERT! Can you hear me?   Answering this simple question over the phone may put you in an unwanted situation. Across the United States, people just like you and I are becoming victims of a scam. It all starts with a phone call   Often times, the number trying to reach you is from a familiar area code, which increases the probability of you picking up. Once on the line, you will most likely hear a kind voice. Sometimes they will tell you a little bit about themselves and what company they are with. Then, they may ask you something along the lines of "Can you hear me?".  Do NOT say yes Saying yes to this innocent question, often actually spoken by a recording, will cause you to be a victim of a scam. The "yes" or "sure" you recite will be recorded and then played back to accept various offers. Some common bills have been from cruise lines and homeland security companies. They may also use your voice to confirm charges o...

NEVADA SALES TAX INCREASE EFFECTIVE APRIL 1ST 2017

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Nevada Sales Tax to Increase  in Select Counties If you are a resident of Washoe or Clark County, make sure you are informed and aware of these sales tax hikes in just a few months. "Those who collect and remit Sales and Use Tax will need to make changes to business processes as necessary to collect tax at the new rate. Businesses should be sure to file the most recent tax return forms. Filling online at Nevada Tax Center is the best option to ensure up-to-date tax rates."  If you have questions or need more information, please call the Nevada Department of Taxation at:  866-962-3707 Information from this blog, as well as tax returns can be found on the Nevada Department of Taxation website:  https://tax.nv.gov Also, if you have any concerns regarding the new tax raises you may also feel free to contact us here at the QuickBook Gals.  Got a Quickbooks mess? Call the Quickbooks Gal!

5 Ways to Defeat the Cold this Winter

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5 Helpful Tips to Defeat the Cold this Winter It's that time of year again, where the cold is really hitting hard. Around this time, you are most likely dreaming of laying on a beach somewhere and praying that your car heater prevails through the 10 degree weather. Here are some tips to keep your spirits up, even though the temperature is down: 1. Stay Active The winter is known for being a time where most people get the blues. The sun is rarely out, it's easy to stay in bed all day. Make sure you are staying active! One great thing about the cold is that you can participate in many winter sports you may not have the opportunity to do any other time of year. Exercise is proven to lift spirits and now is the perfect time to dust off those skis! 2. Avoid Cold and Flu Along with exercise, staying healthy and away from cold and flu is another way to keep yourself going during the winter. Nothing quite gets your down like bad weather and sickness. Mak...