by Marie Browne | Mar 20, 2018 | Business
I can’t wait for tax season to end so I can play with technology. Yes, I am a geek girl at heart. From the day I was introduced to the magic of Lotus 1-2-3 a million years ago at the University of Washington (Slash File Retrieve!) followed by BASIC programming...
by Marie Browne | Aug 8, 2017 | Business, Taxes
When the voters of Washington State passed Initiative 1433 by an overwhelming 57% majority, I do not for a minute think they were trying to create an administrative nightmare for small business owners. They were just voting to raise the minimum wage and to give...
by Marie Browne | Apr 26, 2017 | Taxes
If you have ever made a mistake on your quarterly Federal 941 (employment tax) deposit, you have probably experienced a relentless attempt by the IRS to drive you insane with their never ending, mildly chastising, and utterly unhelpful notices and vague instructions...
by Marie Browne | Dec 9, 2016 | Taxes
If you are the shareholder of an S Corporation, you may be confused about the correct way to report health insurance premiums paid on your behalf. You can slog through this publication from the IRS website: S Corporation Compensation and Medical Insurance Issues....
by Marie Browne | Nov 12, 2016 | Business
You probably know the statistic that gets pulled out whenever there is a horrific airplane crash with no survivors: Flying in an airplane is much, much safer than driving a car. So why are some of us still so afraid of getting on a plane? Is it for the same reason...
by Marie Browne | Oct 16, 2016 | Accounting
If you’ve been using QuickBooks for a while you will probably notice that your list of so-called Vendors is getting long and unwieldy. It probably includes the names of every restaurant and gas station you ever visited and the names of every person and business...
by Marie Browne | May 24, 2016 | Accounting
Of course, your income is not really doubled. But your books say it is. Most people use QuickBooks to create invoices, which is one of the great features of the program. When you create an invoice, QuickBooks records two entries. This is an example of double entry...
by Marie Browne | Apr 21, 2016 | Accounting, Taxes
Let’s start by explaining what it is. A 1099 is an informational return that is used to tell the IRS who paid whom, and how much they were paid. If XYZ Corporation hires Joe the Independent Landscaper to mow the company golf course, then the IRS wants to know...