The challenge: Complete 101 preset tasks in 1001 days. My list of 101 goals was started on March 9, 2010 and is scheduled to be completed on December 4, 2012. I was inspired to make this list when I happened upon the Day Zero Project website. My list of specific and measurable goals (and my [...]
All annual statements and paper W-2/1099 should be sent to: Montana Department of Revenue P.O. Box 5835 Helena MT 59604-5835 You may also electronically file your W2 and 1099 documents using the State of Montana’s ePass service. ePass is an excellent method of conducting business with the State for many other purposes. This information is [...]
Several competitive online accounting software-as-a-service (SAAS) options are available including: Quickbooks Online Plus, Intacct, FreshBooks, and NetSuite. These services are not even close in pricing or service level, so testing them simultaneously makes little sense. In my opinion, the most appropriate choice for testing Quickbooks Online Plus is to compare it against Quickbooks for the [...]
To allow the sharing of your QuickBooks file, your best option is to have a computer network in place. This network will provide the foundation for you to then share the file between two or more computers. You can have either a wired or wireless network within your office. It is also possible to take [...]
Wall Street Journal, US House Republicans Say Health Bill Expands IRS Power: House Republicans said Thursday that the health care overhaul will expand IRS authority by giving agents the power to verify acceptable health care coverage and fine or confiscate the tax refunds of Americans without coverage. Republican members of the House Ways and Means [...]
Taxpayers often question how long records must be kept and the amount of time IRS has to audit a return after it is filed and the answer is that it all depends on the circumstances. In many cases, the federal statute of limitations can be used to help you determine how long to keep records. [...]
Tony Ennenga CPA, PLLC payroll client employees may view their 2009 W-2 Wage & Tax Statements securely online. Paper copies are still being sent out as usual. TurboTax Employees can import their W-2 information directly into TurboTax and enjoy the added confidence that their taxes are done right. They’ll also benefit from an exclusive discount [...]
The State of Montana has an excellent program in place to recover up to 25% of expenses used to make your home (or other building) more energy efficient. It’s called the Energy Conservation Installation Credit and it’s available by filing Form ENRG-C with your Montana income tax return.
Business start-up costs are amounts incurred for: (a) creating an active business and (b) investigating the creation or acquisition of a business. A start-up cost is amortizable if it meets the following tests: The cost was incurred to operate an existing business in the same field as the one you entered into, and The cost [...]
If you received unemployment compensation in 2009, you are entitled to a tax break on a portion of those benefits thanks to the American Recovery and Reinvestment Act of 2009.
