MKR Blog
Posted by AccountingWEB in Tax, Payroll Tax on 10/07/2011 - 08:38 By Ken Berry The Internal Revenue Service (IRS) is extending an olive branch to employers that may have misclassified "employees" as "independent contractors." Under a new initiative announced by the...
This summer Pete McAllister and Dan Kittell presented at a luncheon in cooperation with WealthCare Partners on Social Security. Dan Kittell presented on the beginnings of Social Security and it's history while Pete McAllister presented on Taxation of Social Security...
QuickBooks 2012 – Frequently Asked Questions About Upgrading. QuickBooks 2012 {or any new version for that matter} from QuickBooks users. Each year when Intuit releases a new version of QuickBooks, I’m flooded with a sea of phone calls/emails from QuickBooks users...
Intuit looks to give SMBs a faster way to invoice with QuickBooks Mobile and other business apps for Android smartphones.
IRS announced that the mileage rate will increase 4.5¢. The new mileage rate will be 55.5¢ per mile for business travel from July 1, 2011 to December 31, 2011. The rate for using a car to get medical care will also increase 4.5¢ for the last half of 2011 from 19¢ to...
Congress announced that the FUTA surcharge rate will no longer need to be paid. Employers have paid this surcharge for many years and this .2% will no longer need to be paid. Employers have been paying 6.2% on the first $7000.00 of each employee's annual wages for...
Here is a link to QBlittlesquare.com where you can find all sorts of neat things for QB for the Mac and Mac user. http://www.qblittlesquare.com/
Intuit will be discontinuing support for all versions of QB 2008 on May 31, 2011. If you use payroll, payment solutions (credit card processing), online banking, or the email functionality from within the program, you will need to purchase QB 2011 in order to continue...
The Indiana Department of Revenue wants taxpayers who sent in paper checks for payment of their 2010 income tax liability to anticipate that those checks could take until June 1, 2011 to process. The Department received about 500,000 paper returns and checks after the...
PHISHING EMAIL ALERT You may have received an official looking email from Intuit saying that you will not be able to access your Intuit QuickBooks account with the Intuit Security Tool after April 10th. DO NOT CLICK THE LINK IN THIS EMAIL. This is not a legitimate...
Small businesses are finally seeing signs of life after a rocky few years. Since January, average earnings have climbed by 75%. That’s an encouraging statistic, yet monthly revenues still lag behind the record highs of the past two years. This signals that progress is...
Recent surveys reveal that Americans spend hours each week thinking about their finances. Rising prices, mounting debt, and uncertainty about the future all contribute to financial stress. Add in steep housing costs, concerns over tariffs raising the price of goods,...
Small retailers have a rough go competing against big chains and e-commerce giants, but there’s one thing these smaller stores have that Amazon doesn’t: community. Local stores have the opportunity to build connections with their customers. Building partnerships...
A noticeable trend in 2025 points to a resurgence in independent veterinary ownership. In an era dominated by corporate consolidation, 2025 is shaping up to be a turning point — especially for veterinarians ready to reclaim ownership, redefine care models, and build...
As small business owners face continued inflation and rising tariffs, the One Big Beautiful Bill Act (OBBB) could provide critical financial relief for Main Street businesses. By extending key provisions from the Tax Cuts and Jobs Act of 2017 (TCJA), the legislation...
President Trump’s “Big Beautiful Bill” has been making headlines, particularly for what it could mean for older Americans collecting Social Security. While many headlines have suggested that the bill would eliminate taxes on Social Security benefits, that’s not...
Transferring an SBA loan isn’t a straightforward process. Whether you’re selling your company or planning for a family succession, understanding how to transfer an SBA loan and what’s legally allowed is critical for staying compliant and protecting your finances. In...
A 401(k) is often thought of as a set-it-and-forget-it kind of account—set a contribution amount, bank on a company match, and let the market do its thing. But if you haven’t checked in on your plan lately, you might be missing out on some significant new features....
Winning new business isn’t just about offering a competitive price. It’s about creating a well-structured and convincing proposal that shows why you’re the best choice for the job. Whether your company is established or still growing, improving your bidding process is...
As we move through 2025, construction businesses are navigating a mix of challenges and fresh opportunities. A steady economic rebound, higher levels of government investment, and rising demand for infrastructure, housing, and commercial development are driving growth...