Sunday, February 10, 2013

QuickBooks Tips - Advanced Certified QuickBooks ProAdvisor

ABA Tax Accounting | QuickBooks ProAdvisor | St. Paul, MN Accounting Firm

The Year You Go Mobile with Financial Data? There are only a few reasons why you wouldn't be using QuickBooks Mobile on your smartphone. Maybe you don't have a smartphone. Or when you're out of the office, you don't want to be available for accounting work. Or you might not think that it has enough features to make it worth using.

While the first two reasons are matters of personal preference, the third just isn't true. QuickBooks Mobile automatically--and almost instantly--synchronizes the data from your desktop or laptop computer copy of QuickBooks. While it's only focused on sales, not payables or payroll, you can manage receivables quite nicely whether you're in a customer's office or at a trade show or community event--or sitting on the couch at home. ! For no obligation free consultation contact us today!
612-282-3200 Toll Free (866) 936-0430

Saturday, February 9, 2013

What expenses are deductible as moving expenses?

ABA Tax Accounting | Tax Preparation Services | St. Paul, MN Accounting Firm
You may be able to deduct moving expenses whether you are self-employed or an employee. Your expenses generally must be related to starting work at your new job location. However, certain retirees and survivors may qualify to claim the deduction even though they are not starting work at a new job location

Only two categories of direct moving costs paid or incurred that are attributable to the taxpayer and the members of his household are deductible:
• costs of moving goods and personal effects; and
• traveling costs (including lodging but not meals) for the taxpayer's household.

For 2012, the standard mileage rate for using your vehicle to move to a new home is 23 cents per mile. Considering a Tax Professional? For no obligation free consultation contact us today!
Amare Berhie, Senior Tax Accountant
612-282-3200 Toll Free866-936-0430

How is taxable income computed?

ABA Tax Accounting | Tax Services | St. Paul, MN Accounting Firm

U.S. Persons (U.S. citizens and resident aliens):
• gross income (except certain income earned working outside the United States or derived from U.S. possessions);      minus
• allowable deductions.
Nonresident Aliens:
• In general:
• tax on certain investment income from U.S. sources and on income effectively connected with a U.S. trade or business;      minus
•  allowable deductions.
• Exception: a nonresident alien married to a U.S. person (U.S. citizen or resident alien) may elect to be taxed as a U.S. person, as well.
Considering a Tax Professional? For no obligation free consultation contact us today!
Amare Berhie, Senior Tax Accountant
612-282-3200 Toll Free866-936-0430

QuickBooks Tip - Password Protecting QuickBooks

ABA Tax Accounting | QuickBooks ProAdvisor

Advanced Certified QuickBooks ProAdvisor - To password protect your QuickBooks data file click on Company in the menu bar, then Set Up Users. From here, you can assign a password for the main (Administrator) account in QuickBooks. You can also set up user accounts, passwords, and different levels of access if you have multiple people using your QuickBooks file. Make sure you keep your newly created password in a safe place (just in case you forget it!) For no obligation free consultation contact us today!
612-282-3200 Toll Free (866) 936-0430

Friday, February 8, 2013

ABA Tax Accounting | QuickBooks ProAdvisor | St. Paul, MN Accounting Firm

ABA Tax Accounting | QuickBooks ProAdvisor | St. Paul, MN Accounting Firm

QuickBooks Accounting Services - As Advanced Certified QuickBooks ProAdvisor, we can work with you to ensure that you are getting the most out of your QuickBooks. We Serve Any QuickBooks Client & Solve Any QuickBooks Problem. We offer low cost installation, setup, one-on-one training, customization & ongoing support. We ensure that you are set up correctly for your specific industry & that you are getting the most from your software. For no obligation free consultation contact us today!
612-282-3200 Toll Free (866) 936-0430