IRS Internal Revenue Service news IRS issues warning about Corona virus related scams Watch out for scams tied to economic impact payments. The Internal Revenue Service today urged taxpayers to be on the lookout for a surge of calls and email phishing attempts about the corona virus or Cova 19. These contacts can lead to… Continue reading IRS News IRS issues warning about Coronavirus-related scams
Author: Bob Steele CPA
IRS Tips-IRS offers videos on wide range of tax topics in American Sign Language
People around the world are celebrating today as International Day of Sign Languages. Taxpayers who sign in American Sign Language can visit YouTube anytime to see IRS ASL videos. The IRS ASL Channel is one of three on YouTube. Each channel offers info about a wide range of tax topics. All the videos on the ASL… Continue reading IRS Tips-IRS offers videos on wide range of tax topics in American Sign Language
IRS Tip – Tax pros: Follow the “Security Six” steps to help
IRS Tax Tip 2019-117, August 27, 2019 https://www.irs.gov/newsroom/tax-pros… http://accountinginstruction.info/ Tax professionals should review security steps to make sure they are fully protecting sensitive taxpayer data. All tax pros should give their data safeguards a thorough review. Part of this review is following the “Security Six” protections. Here is more info about these basic protections that… Continue reading IRS Tip – Tax pros: Follow the “Security Six” steps to help
IRS Tax Tips-These tax tips can help new business owners find success
IRS Tax Tip 2019-116, August 26, 2019 https://www.irs.gov/newsroom/these-ta… http://accountinginstruction.info/ Starting a business can be very rewarding. It can also be a little overwhelming. From business plans to market strategies, and even tax responsibilities…there are many things to consider. Here’s what new business owners can do to help get off to a good start. Choose a… Continue reading IRS Tax Tips-These tax tips can help new business owners find success
IRS Warns of New Impersonation Email Scam August 2019
WASHINGTON — The Internal Revenue Service and its Security Summit partners today warned taxpayers and tax professionals about a new IRS impersonation scam campaign spreading nationally on email. Remember: the IRS does not send unsolicited emails and never emails taxpayers about the status of refunds. https://www.irs.gov/newsroom/security… http://accountinginstruction.info/ The IRS this week detected this new scam… Continue reading IRS Warns of New Impersonation Email Scam August 2019
Federal Income Tax Rates 2019 – 2020
Section 1274.–Determination of Issue Price in the Case of Certain Debt Instruments Issued for Property https://www.irs.gov/pub/irs-drop/rr-1… http://accountinginstruction.info/ (Also Sections 42, 280G, 382, 467, 468, 482, 483, 1288, 7520, 7872.) Rev. Rul. 2019-20 This revenue ruling provides various prescribed rates for federal income tax purposes for September 2019 (the current month). Table 1 contains the short-term,… Continue reading Federal Income Tax Rates 2019 – 2020
IRS Summertime Tips 2019 August
IRS Summertime Tips 2019 August http://accountinginstruction.info/ Summertime activities often affect the tax returns people file the following year. Here are some things taxpayers do during the summer along with tips they should consider now: Getting married. Newlyweds should report any name change to the Social Security Administration. They should also report an address change to… Continue reading IRS Summertime Tips 2019 August
Payroll Accounting
Playlist http://bit.ly/2MullRX 0:26 Payroll Introduction http://bit.ly/2YxXJSW 6:29 Regular & Overtime Pay Calculation http://bit.ly/2YhusNa 11:40 Federal Income Tax FIT http://bit.ly/2YdqxRr 18:54 Payroll Legislation http://bit.ly/2ynPwSG 26:47 Payroll Consideration and Tax Forms http://bit.ly/330xrIy 43:06 Payroll Periods and Time Frames http://bit.ly/2Gyjvfh 50:11 New Employee Tax Forms & Contractor vs Employee http://bit.ly/2MBHEFJ 1:07:26 Federal Income Tax FIT – Percent Method… Continue reading Payroll Accounting
Closing Entries
The Accounting Closing Process Playlist http://bit.ly/2GDpYFT 0:27 Closing Process Explained http://bit.ly/2ysr0jr 7:14 Post Closing Trial Balance http://bit.ly/2ZlyHnl 11:19 One Step Closing Process http://bit.ly/2K6cAMx 23:09 Two Step Closing Process http://bit.ly/2Yz8r7E 34:03 Closing Process Step 1 of 4 – Journal Entry 1 of 4 http://bit.ly/2LPRDHF 37:23 Closing Step 2 of 4 – Journal Entry 2 of 4… Continue reading Closing Entries
Accounting Major Second Guessing & Dealing With Criticisms
Accounting Major Second Guessing & Dealing With Criticisms http://accountinginstruction.info/ Objectives Work with different points of view, take what is helpful, and discard the noise. (Not designed to increase argument but possibly facilitate more productive debate). Help structure personal goals and use doubts constructively In this presentation we’re going to take a look at a problem… Continue reading Accounting Major Second Guessing & Dealing With Criticisms