Monthly Archives: October 2020

Bookkeeping provider Florida for small businesses: There’s no question that a bookkeeping service saves your business both time and money, but the processes and consistency introduced by one can increase the longevity and efficiency of your business, making you more profitable for decades to come. Hiring a bookkeeping service is about more than just finding someone who can use a calculator and understand QuickBooks. You want a full-fledged team that has the professional background, training and experience to really benefit your business. People whose expertise you can rely on. Ideally, you want to focus on those who have QuickBooks Pro Advisors certification, additional professional certifications in specific accounting software or and those that employ AIPB Certified bookkeepers.

Automate or Outsource Tax Calculation and Filing: While the IRS has made an effort to simplify tax forms and reduce the time and complexity of filing a tax return, it remains a daunting task, especially since it occurs only once per year and is often stressful. Fortunately, companies like TurboTax and H&R Block offer sophisticated tax software programs to help filers complete the task quickly and relatively inexpensively. The IRS even offers free tax filing software for taxpayers with an adjusted gross income of $69,000 or less. To determine whether you’re eligible for the free software, check last year’s return for your adjusted gross income (AGI), which appears on line 7 of the 2018 version of Form 1040. For those with incomes greater than $69,000, the IRS provides Free File fillable forms for electronic filing. However, these forms offer only basic guidance, so you must know how to do your taxes yourself. Most of the filing programs allow you to keep track of any refund due and select your preferred method of payment – direct deposit, paper check, or holding and applying the refund for the coming tax year. When deciding whether to use a professional preparer or a software program, consider your income, the complexity of your return, unusual events that significantly affect your income or expenses, and your concern about a tax audit.

Hold Off on Mutual Fund Purchases: People should be wary of buying mutual funds at this time of year if they will be held in a taxable account. You could get hit with a tax bill for year-end dividends even if you just purchased shares. “That’s how mutual funds work, but people don’t realize it,” says Joanna Powell, managing director in the Boston office of accounting firm CBIZ MHM. To avoid paying additional taxes, consult with a broker before making a purchase to find out when distributions are made.

Set up your system: There’s more than one way to organize your tax records, but having some kind of filing system will help you keep everything in one place. Don’t wait until January to start organizing important documents. While many important tax documents will arrive in the beginning of the year, some — such as receipts for deductible expenses — will crop up throughout the year. Save documentation for deductible items: If you own a business or plan to itemize your deductions, you should hold onto your receipts and other documents for eligible expenses. You won’t need to submit your receipts with your tax return, but you may need to substantiate your expenses if the IRS audits your return. Do the same for home improvements, especially if you’re planning to sell your home. The amount you spent on home improvements increases your adjusted basis on your home, which is what the IRS uses to determine how much tax you owe when you sell it. See even more info at https://bookkeepinghelpcoralsprings.com/florida/lauderhill-bookkeeping-and-accounting.

Under CCPA provisions, an employer cannot discipline or terminate an employee whose wages are being garnished for a solitary debt. However, federal laws and CCPA provisions do not extend protection for employees with multiple wage garnishments. Some states may provide greater protection for employees by increasing the number of garnishments that can serve as the basis for termination or by prohibiting all terminations because of garnishments, so it is important to understand any applicable state regulations that may affect your business.

State tax you paid last spring: Did you owe taxes when you filed your 2018 state tax return in 2019? Then remember to include that amount with your state tax itemized deduction on your 2019 return, along with state income taxes withheld from your paychecks or paid via quarterly estimated payments. Beginning in 2018, the deduction for state and local taxes is limited to $10,000 per year. When you buy a house, you often get to deduct points paid to obtain your mortgage all at one time. When you refinance a mortgage, however, you have to deduct the points over the life of the loan. That means you can deduct 1/30th of the points a year if it’s a 30-year mortgage—that’s $33 a year for each $1,000 of points you paid. Doesn’t seem like much, but why throw it away? Also, in the year you pay off the loan—because you sell the house or refinance again—you get to deduct all the points not yet deducted, unless you refinance with the same lender.

When our accountant does the bookkeeping he is looking at it with years of experience, tax laws, and best accounting practices in mind… that is not what you will get with a person with 4 months of experience. Amazing experience with a professional accountant. Up to date on all income tax and accounting rules and knows the tax deductions to save money. Definitely the best accountant in Coral Springs! This is a Life Changer if you need a knowledgeable and dedicated accountant. Very satisfied, Great accountant! Definitely a tax expert! Trustworthy and reliable. I would highly recommend, Reasonable fee and provided free tax advice. Read additional info at https://bookkeepinghelpcoralsprings.com/.

Scentopia fragrance tours for perfect personal presents from Singapore travel tours? Opened in 1937, this weird and wonderful park was named after its owners, Aw Boon Haw and Aw Boon Par, the brothers who made their fortune from the acclaimed cure-all ointment Tiger Balm. Multicoloured statues and tableaux – some looking rather neglected – depict scenes from Chinese mythology. The highlight is the Ten Courts of Hell (responsible for childhood nightmares for generations of Singaporeans) where dioramas showing human sinners being punished in a variety of hideous and bloodthirsty ways – in extremely gory and graphic detail. It’s a safe bet that you will never see anything like it anywhere else.

Besides the orchid-inspired scents, Singapore Memories has also revived a range of old and heritage perfumes from Singapore’s past like the award-winning Singapore Girl! This will definitely be a meaningful souvenir to remind you of Singapore back in your home country. With a total of 38 different variants of perfumes and room fragrances, you’ll definitely find a scent that suits you! Other gifts suggestion: Dining in Heavenly Wang will take you back in time and you can leave the place with a souvenir or two by purchasing tubs of their yummy biscuits from their “biscuit wall”. You can find biscuits ranging from the classic iced gems or pineapple sandwich biscuits (from SGD 2). Opening Hours/Address: You can click here for their store locations and opening hours. P.S. So many neighbourhoods to visit in Singapore that you’re spoilt for choice? Check out our guide to Singapore’s hipster neighbourhood, Tiong Bahru! Singapore’s answer to peanut butter and jelly toast is the country’s signature kaya and butter toast, which can be found in every food court or coffee shop. Ya Kun Kaya Toast specialises in traditional kaya and butter toast. The coffee shop may not be halal-certified in general, but they pride themselves for their very own kaya (and the kaya is halal-certified!)

Getting to St John’s & Lazarus requires a little bit of advanced planning. Scheduled ferries from Marina South Pier (SG$18/US$13 per person for a return ticket) take about 30 minutes to get to the island. There are no stores on the island, so bring enough water, snacks and sunscreen for the day. When you get to the beautiful crescent beach and swim in the crystal clear waters of one of Singapore’s nicest beaches, you’ll be glad you made the effort to get out here! Little India is one of Singapore’s cultural enclaves, and the recently launched Little India Heritage Walks are a good way to explore the area. It’s a sensory overload with endless streams of colours, sounds and scents. If you’re not too squeamish, walk around the wet market located on the first floor of the Tekka Market, or take up Anthony Bourdain’s challenge of going on a scavenger hunt inside Mustafa’s, a 24 hour store where you can apparently buy anything. See additional info at Sentosa attractions.

Receiving perfume lets her try out new scents. Perfume is a luxury that often comes last on a list of needed beauty products. When you give perfume as a gift, you give her the freedom to branch out and try something new. Many popular fragrances come in perfume gift sets that include body lotion, shower gel and portable roll-on scents for a discount. They can also include commemorative boxes or tote bags. For a gift that will pamper her with all the essentials, look for one of these all-inclusive sets.

Singapore Night Safari is truly a unique attraction. It’s not only an interesting place worth a visit but a leading conservation and research centre in Asia. As a zoo, it offers an unusual glimpse into the nocturnal animal kingdom, with more than 59 exhibits and 1,000 animals to be seen from around the world. These include Himalayan griffon vultures, greater one-horned rhinoceroses, wildebeests and gazelles. You can simply start with the ‘Creatures of the Night’ show for a good 20-minute overview of the animals to be seen here.

Budget-friendly: As compared to other options of gifts available in perfume range, miniature ones are quite affordable. The gift pack looks expensive with its high-quality plastic box and carry case, but it is very budget friendly. You can get them in bulk without going overboard with your costing. Apart from all these benefits, there are a couple more aspects that make miniature fragrances best corporate gifts. The dried flower buds of lavender have a light refreshing scent when burned. They’re often incorporated into ceremonies that are focused on peace, restful sleep and happiness. Lavender can be burned therapeutically to address insomnia, depression, grief, sorrow and anxiety. The branches of this evergreen were once used for temple purification rituals. Juniper is especially helpful to invigorate your mind and body when tired. It was also burned during the plague to resist illness.

Many orchids have been found to have medicinal properties, whether used in drugs, taken due to tonic potential, or used to cure chapped skin and bleeding sores. For example, Salep, a drug made from orchids Orchis Mascula and Orchis Militaris, was once extremely popular in Turkey. It was and is used in the Turkish ice cream bastani. Salep flour was also used in desserts and beverages mainly in the Ottoman empire, and in Syria and Palestine, it is a traditional winter beverage. Another instance is dendrobium, an orchid that is taken because of its tonic potential. Dried Dendrobium is believed to possess medicinal properties that can help treat cancer, strengthen the immune system, and improve eyesight. See more info on here.