Friday, August 22, 2014

Looking for a Bookkeeper in New Jersey? Here’s What to Look For

Hiring a small business bookkeeper in New Jersey is an important step in growing your business. You should always interview several candidates to ensure that you find someone who is a good fit with your company’s needs. During these interviews, you may discover some services you didn’t even realize you needed.

Here are a few questions to ask when you are interviewing candidates to fulfill bookkeeping duties for your business:

Past experience matters.

Ask about their prior bookkeeping experience. Are they familiar with your industry? Have they previously worked for a company your size?

What else can you do?


Find out what services they are willing to offer beyond QuickBooks. Advising, cash flow reports, budgeting, audit support, accounting, payroll, and forensic bookkeeping are just a few other services you may need along the way.

Who’s my contact? Who does the work?


Determine whom you will work with. Smaller firms may have you working directly with one of the firm’s owners, while bigger firms will likely hand you off to a junior accountant. Both situations could have pros and cons, but knowing the flexibility and response times you should expect is essential.

Do I trust this person?

Ask yourself if you are comfortable chatting with him or her. Is this a person with whom you can work closely, share privileged information, network, and call with questions or emergencies?

Kathryn C. Tiffany, LLC is a trusted bookkeeping service for scores of small businesses in NJ area. Our bookkeepers have the training, knowledge, and expertise to help you take your company to the next level. We have been working with South Jersey area businesses for over 25 years, and have experience in a wide range of industries.

Learn more about how our complete line of bookkeeping services can help your NJ business, and  maximize your use of QuickBooks.

Call today!  856-803-4651

Monday, August 18, 2014

QuickBooks: Need Bookkeeping Services for Your Growing Business?

Are you ready to find someone who can simply handle all of your bookkeeping needs so you don’t have to?

Are you looking to get your books under control, once and for all?

Is your bookkeeping taking up more and more of your time, but not enough to hire someone full time?

If so, then you’re in the perfect place to find out more about our bookkeeping services.  We can help you with any or all aspects of your bookkeeping needs.

Saturday, August 9, 2014

Tax Due Dates

August 11, 2014 

Employees - who work for tips. If you received $20 or more in tips during July, report them to your employer. You can use Form 4070. September 10     Employees - who work for tips. If you received $20 or more in tips during August, report them to your employer. You can use Form 4070.

Employers - Social Security, Medicare, and withheld income tax. File Form 941 for the second quarter of 2014. This due date only applies if you deposited the tax for the quarter timely, properly, and in full.
    
September 15     Individuals - Make a payment of your 2014 estimated tax if you are not paying your income tax for the year through withholding (or will not pay in enough tax that way). Use Form 1040-ES. This is the third installment date for estimated tax in 2014.
   
Corporations - File a 2013 calendar year income tax return (Form 1120) and pay any tax due. This due date applies only if you timely requested an automatic 6-month extension. Otherwise, see March 17.
   
S Corporations - File a 2013 calendar year income tax return (Form 1120S) and pay any tax due. This due date applies only if you timely requested an automatic 6-month extension. Otherwise, see March 17. Provide each shareholder with a copy of Schedule K-1 (Form 1120S) or a substitute Schedule K-1.
   
Partnerships - File a 2013 calendar year return (Form 1065). This due date applies only if you were given an additional 5-month extension. Otherwise see April 15. Provide each partner with a copy of Schedule K1 (Form 1065) or a substitute Schedule K1.
   
Corporations - Deposit the third installment of estimated income tax for 2014. A worksheet, Form 1120-W, is available to help you make an estimate of your tax for the year.
   
October 2014
   
October 10     Employees - who work for tips. If you received $20 or more in tips during September, report them to your employer. You can use Form 4070.
   
October 15     Individuals - If you have an automatic 6-month extension to file your income tax return for 2013, file Form 1040, 1040A, or 1040EZ and pay any tax, interest, and penalties due.
   
Electing Large Partnerships - File a 2013 calendar year return (Form 1065-B). This due date applies only if you were given an additional 6-month extension. See March 17 for the due date for furnishing or substituting the Schedules K-1 to the partners.
   
 November 2014
   
November 10     Employees - who work for tips. If you received $20 or more in tips during October, report them to your employer. You can use Form 4070.
   
Employees - Social Security, Medicare, and withheld income tax. File Form 941 for the second quarter of 2014. This due date only applies if you deposited the tax for the quarter timely, properly, and in full.
   
December 2014
   
December 10     Employees - who work for tips. If you received $20 or more in tips during November, report them to your employer. You can use Form 4070.
   
December 15     Corporations - Deposit the fourth installment of estimated income tax for 2014. A worksheet, Form 1120-W, is available to help you estimate your tax for the year.