Monthly Archives: March 2011

For advise on setting up 1099 vendors in Quickbooks please call us today. 585-755-3439 or visit our website. For the 2011 tax year all property managers are required to file 1099’s for all subcontractors for whom you’ve spent $600 or … Continue reading →

Visit woodardaccounting.com for more information Outsource bookkeeping allows a business owner to track financial information to benefit your business. It’s an efficient process when it’s done consistently, organized and in a timely way. You can taylor the books to make … Continue reading →

An article from Business Week describes how the IRS uses data mining to retrieve taxes from people who try to avoid them. read article

Go to http://www.woodardaccounting.com for more tips on quickbooks. Don’t use the sample files as your actual company file. Don’t write a check and forget to apply the payment to the bill Don’t enter invoices and then make a deposit without going through the Receive Payments step Don’t accidentally record your … Continue reading →

http://www.woodardaccounting.com A person is a independent contractor if: they work their own hours they use their own equipment they provide their own education/training they use their own car they pay you rent for a spot in your office A person … Continue reading →

Contact woodardaccounting.com for more information and tips on improving your quickbooks experience. If your quickbooks file is not in order you could easily double the cost of your business tax return because you are paying extra for your CPA to … Continue reading →