Monday, October 27, 2014

The Re-Imagined QuickBooks ProAdvisor Program

The New QuickBooks ProAdvisor® Program!

Saturday, October 25, 2014

◢◢ QuickBooks, Bookkeeping and Business Services ◣◣

Add balance to your world with Kathryn C. Tiffany, LLC Bookkeeping Services! 
~

Our Mission is to keep track of revenues and expenses - the key to a successful business.

Of course personal and family time is important however the demands of your business can leave you wishing there were 35 hours in the day / Don't Waste It Working. As a small business owner you have more things to do than bookkeeping. Kathryn C. Tiffany, LLC Bookkeeping Services, provides trustworthy, experienced and dependable bookkeeping services at affordable prices. We add value to your business by saving you time and money so that you can focus on your business.

Our bookkeeping services are suitable for business of all industries. We offer daily, weekly, and monthly services based on your needs.

Bookkeeping Services:
Small Business Accounting
Outsourced Bookkeeping
Bank Reconciliation
Accounts Payable
Accounts Receivable
Payroll
Bookkeeping Clean Up
Income Statements, Balance Sheet, General Ledger
Custom Reports
Forensics Bookkeeping
General Data Entry
Business Office Management

Daily Money Management Services Include:
Personal bill pay for busy individuals
Bookkeeping services to meet your needs
Work done on-site or remote/online

QuickBooks Support:
QuickBooks Set-up
QuickBooks Tune-up
QuickBooks Clean-up

In addition, we offer daily money management services to small businesses in the South Jersey area. We will also work with your CPA or tax preparer to help you save tax return preparation fees. Put our 27 plus years of accounting and bookkeeping experience to work for your small business. We make sure that every client is serviced the way we would want to be served!

Contact Kathryn C. Tiffany, LLC Bookkeeping Services today!


Kathryn C. Tiffany, LLC
Voorhees, New Jersey
Phone: 856-803-4651

Email:Kathryn@TiffanyAccounting.com
Web: http://www.TiffanyAccounting.com
Intuit QuickBooks Profile: http://proadvisor.intuit.com/quickbooks-help/kathryn-tiffany 

 
Member of:
American Institute for Professional Bookkeepers
National Bookkeepers Association
Intuit QuickBooks program - Certified QuickBooks ProAdvisor
Voorhees Business Association
Chamber of Commerce
Journal of Accountancy and Accounting Today

Wednesday, October 22, 2014

Intuit Reimagines QuickBooks ProAdvisor Program for Accountants



MOUNTAIN VIEW, Calif., Oct 22, 2014 (BUSINESS WIRE) -- Intuit Inc. announced yesterday the launch of the all new QuickBooks ProAdvisor Program to benefit the more than 100,000 ProAdvisor members around the world. The reimagined QuickBooks ProAdvisor Program will make it even easier for accounting professionals to grow their business and meet the needs of the more than 705,000 QuickBooks Online users around the world. The new program, built into the new QuickBooks Online Accountant, taps into the largest set of benefits ever available: it allows ProAdvisors to unlock additional benefits by passing certification exams or working with QuickBooks Online clients; includes the newly-launched QuickBooks Online Advanced Certification and free access to a Bill.com corporate account.

One Global Program with More Benefits

Beginning in December 2014, the current QuickBooks ProAdvisor and Cloud ProAdvisor programs will combine to become one new QuickBooks ProAdvisor Program. In addition, the new QuickBooks ProAdvisor Program will also help ProAdvisors and their firms reap more online benefits than ever before, including free online products, training, certifications, support and discounts - everything accounting professionals need to support the clients that rely on them. One new benefit, exclusively for ProAdvisors, provides free access to a Bill.com corporate account with up to three users – a $1,700 annual value. ProAdvisors will also be able to earn points by using Bill.com and making referrals to their clients, points they can redeem for cash, gift cards or charitable donations from Intuit.

“The online benefits of the reimagined QuickBooks ProAdvisor Program are massive for accounting professionals,” said Luis Sanchez, director of the Worldwide QuickBooks ProAdvisor Program at Intuit. “We listened to member feedback and looked at accounting industry trends globally. The result is the creation of a program that provides benefits most requested by members while also fulfilling the mission of the program itself: to help ProAdvisors grow their practices and meet the needs of their clients.”

Two Ways to Unlock Benefits: Certifications and Clients

The new QuickBooks ProAdvisor Program has the same three membership levels that exist today, Silver, Gold and Diamond, but members now have new ways to enjoy greater benefits by graduating to higher membership levels. In addition to ProAdvisors being able to move up member levels by passing QuickBooks certification exams, they can now also do so based on the number of QuickBooks Online clients their firm serves. Only Certified ProAdvisors, however, can be listed on the Find-a-ProAdvisor website, an online directory that receives more than 600,000 visits a year by small businesses looking for help from a QuickBooks expert.

The qualifying criteria for the member levels are:

New QuickBooks Online Advanced Certification and New Badges

Education continues to be at the core of the QuickBooks ProAdvisor Program. In Fiscal Year 2014, QuickBooks Online certifications grew by 250 percent worldwide. As a result, the ProAdvisor Program now offers QuickBooks Online Advanced Certification, a brand new certification that helps accounting professionals further distinguish themselves from their peers and attract new QuickBooks Online clients. For the first time ever, ProAdvisors interested in serving their growing number of online clients can reach the Diamond membership level and enjoy all its benefits, including premium technical support. The new QuickBooks Online Advanced Certification will help ProAdvisors better serve online clients and gain access to more program benefits.

Additionally, a new set of ProAdvisor certification badges will be available for Certified ProAdvisors to use in marketing materials, including business cards, websites and brochures starting in early December.

Built Into the New QuickBooks Online Accountant

Starting in December 2014, the QuickBooks ProAdvisor Program can be accessed directly from the new QuickBooks Online Accountant, doing away with the need for a different username and password to access ProAdvisor member information and benefits. Key elements of the ProAdvisor Program experience within the new QuickBooks Online Accountant include:

ProAdvisor Dashboard: View ProAdvisor information including member level, number of QuickBooks Online Clients and certification status to quickly understand necessary actions to move to the next level.

Training and Certification: Improve expertise through a comprehensive QuickBooks training program. ProAdvisors are able to choose from more than 70 optional QuickBooks training courses to expand their knowledge and to prepare and take certification exams.

Online Directory Profile: Sign up for, view, edit and publish their Find-a-ProAdvisor directory profile.

Resources: Leverage marketing documents, templates and other resources to help accountants grow their practice.

Pricing and Availability

The new QuickBooks ProAdvisor Program is free for all accounting professionals to join starting in December 2014. For accounting professionals serving QuickBooks desktop clients, they will be able to purchase QuickBooks desktop software, desktop certifications and desktop support for an additional fee of $549.

Resources


QuickBooks Online Accountant Press Release
 
New ProAdvisor Program Blog Post

About Intuit Inc.


Intuit Inc. creates business and financial management solutions that simplify the business of life for small businesses, consumers and accounting professionals. 

Its flagship products and services include QuickBooks®, Quicken® and TurboTax®, which make it easier to manage small businesses and payroll processingpersonal finance, and tax preparation and filingMint.com provides a fresh, easy and intelligent way for people to manage their money, while Demandforce® offers marketing and communication tools for small businesses. ProSeries® and Lacerte® are Intuit's leading tax preparation offerings for professional accountants. 
 
Founded in 1983, Intuit had revenue of $4.5 billion in its fiscal year 2014. The company has approximately 8,000 employees with major offices in the United States, Canada, the United KingdomIndia and other locations. More information can be found at www.intuit.com.


SOURCE: Intuit Inc.

Sunday, October 19, 2014

Maximizing Home Office Deductions

Many small firms - and freelance bookkeeping practices - are run through home offices.  The general rule for deducting any expenses associated with that home office is that a deduction is allowed only if you use the home office regularly and exclusively for business purposes.  The home office must be a principal place of business or a place to meet or do work for clients or customers in the normal course of doing business.  For employees, the home office must be used for the employer's - not the employee's - convenience.

Assuming that you qualify for the home office deduction, you may deduct:



  • expenses directly related to the home office (e.g., the cost of painting a room that is used exclusively for business);
  • a relative share of some expenses, e.g. real estate taxes, mortgage interest, utilities, insurance, repairs; and
  •  depreciation of the portion of the home used for business.

Please note: If you sell the home at some point, the amount deducted for depreciation expense over the years is subject to recapture as ordinary income. 

Example:  For the last 10 years, you have been taking $5,000 a year in depreciation expense for the portion of your home devoted regularly and exclusively to your consulting firm, for the total accumulated depreciation to date of $50,000.  In 2015, you must report an added $50,000 in ordinary income on your tax return.

Tip:   Before taking depreciation on a home office, consider how long you plan to own the home and if the possibility of recognizing ordinary income in acceptable.  Consult your tax advisor



📌 QuickBooks, Bookkeeping, Accounting, Business Services


The business of growing your small business. 

Whether you are a start-up business, a growing business or a mature corporation, Kathryn C. Tiffany, LLC has the expertise to help you. Through prompt and timely service, along with an intimate knowledge of the rules and regulations, we can keep you ahead of government deadlines, maintain order in your internal financial systems, and reduce the headaches that come with owning a business. We can handle it all, from your payroll needs to banking and check writing. If you're having issues preparing your financial statements, we can tackle them for you. You name it. . .we can do it!

We can provide you with:

Monthly/quarterly processing of financial information
Payroll processing, tax reporting, and recordkeeping
Bookkeeping assistance/training and overload services
Start-up assistance and accounting systems development
Business plan development

Monthly/quarterly tasks and reports
Reconcile bank account(s)
Generate Income Statement
Generate Balance Sheet
Generate Statement of Cash Flow
Maintain General Ledger


Why hire staff? Let Kathryn C. Tiffany, LLC do your monthly bookkeeping at a fraction of the cost of a full-time employee.

Our talented team is experienced with all the major accounting software programs, including QuickBooks. We perform vital accounting functions, such as accounts payable/receivable, payroll, general ledger accounting, bank reconciliations, financial statement preparation and financial analysis.

When you retain our services, we make it a priority to learn your goals and operations quickly so we can hit the ground running. Based on experience, we can easily identify opportunities for more effective tax planning, improved internal controls, and other areas that will make your business more profitable.

CALL NOW for a free initial consultation--at your office and convenience--to discuss your needs and how we can best serve you.

Kathryn C. Tiffany, LLC
Licensed, Insured & Bonded
Voorhees, New Jersey
Email: Kathryn@TiffanyAccounting.com
Phone: 856-803-4651

Intuit QuickBooks Profile: http://proadvisor.intuit.com/quickbooks-help/kathryn-tiffany
Web: http://www.TiffanyAccounting.com


Affiliations:
  • QuickBooks Certified ProAdvisor
  • National Association of Certified Public Bookkeepers»Member
  • American Institute of Professional Bookkeepers » Member
  • Voorhees Business Association» Member
  • Chamber of Commerce» Member
  • Association of Certified Fraud Examiners» Member

South Jersey Bookkeeping Services: 856-803-4651

Kathryn C. Tiffany, LLC is seeking new QuickBooks clients for bookkeeping in your office, our office or remotely. More than 25 years of experience as bookkeeper and CFO/business office manager.

We provide QuickBooks accounting services from small to large companies and individuals from accounts payable to payroll, give us a call! 

QuickBooks sales and setup services available.

Call or email us TODAY!

(856)  803-4651

Kathryn@TiffanyAccounting.com
 

Friday, October 17, 2014

•► STARTING A BUSINESS? Worried About Profits? CALL US! (NJ: Certified QuickBooks ProAdvisor)

* Are there financial reports you should be getting regularly to run your business but aren't?
* Are you losing revenue due to delinquency in billing for services provided?
* Are valuable business tax deductions slipping through your fingers?
* Is the lack of timely financial information and alarm bells hurting your business? If so, We Can Help You. With our services you can:

    * Maintain all relevant financial reports in one place and at your fingertips.
    * Stop unbilled fees from slipping through the cracks.
    * Know you're getting all available tax deductions.
    * Regularly monitor your business's Key Performance Indicators.
    * Rest assured, knowing you're in control of your company's finances.

And since we charge significantly less than your CPA, you'll save hundreds of dollars a year in accounting fees.

We have A Proven Track Record of helping many organizations, including:

    * A catering company. We set them up on QuickBooks and customized it to track sales by customer type and marketing costs by sales channel.
    We trained their staff person in bookkeeping, payroll, sales tax and cash flow management.
    In addition, we helped the owners set up a system for tracking food costs and other Key Performance Indicators.

    * A family day care provider. We set them up on QuickBooks and customized it for their business, allowing them to track revenue from services,
    special events, and governmental subsidies. They were also now able to generate information useful to support tax deductions and tax forms.
    We created procedures to capture and record fully- and partially-deductible business expenses,
    including automobile and household expenses, resulting in hundreds of dollars in tax savings that might otherwise have slipped through the cracks.

    * A beauty salon, that provided a range of services, sold hair products, and produced their own line of designer clothing. We set up a QuickBooks
    general ledger and point of sale system to track revenue and expenses by services, product lines, station rentals, and by individual stylists,
    including supplies used by each stylist and commissions paid to employees. The owner was thus able to draw upon detailed profitability reports
    to identify slow moving inventory items, to set and change prices as needed, and to create employee incentive bonuses.

CALL NOW for a free initial consultation--at your office and convenience--to discuss your needs and how we can best serve you.


Kathryn C. Tiffany, LLC Bookkeeping Services
Track. Measure. Improve.
Business Performance Management
Business Process Management
Website: www.TiffanyAccounting.com
Email: Kathryn@TiffanyAccounting.com
Telephone: (856) 803-4651

Why not let a Certified QuickBooks ProAdvisor help you get the most out of QuickBooks, at reasonable rates?
We're QuickBooks specialists, with over 25 years experience in accounting, business and nonprofit consulting.
We understand your needs.
Among the service we provide are:

    * Setup and customization of QuickBooks-based accounting systems,
    * Training on all aspects of QuickBooks,
    * Development of QuickBooks-related accounting procedures,
    * QuickBooks data file analysis and repair,
    * Pre-employment screening for prospective accounting staff,
    * Staff testing --in the areas of QuickBooks, accounting and computer usage,
    * QuickBooks integration with 3rd party applications, and
    * QuickBooks technical support and consultation.

CALL NOW for a free initial consultation--at your office and convenience--to discuss your needs and how we can best serve you.

 
Kathryn C. Tiffany, LLC Bookkeeping Services
Track. Measure. Improve.
Business Performance Management
Business Process Management
www.TiffanyAccounting.com
(856) 803-4651

accountant, accounting, audit, bookkeeping, books, business, finances, financial, Intuit, IRS, nonprofit, nonprofits, paperwork, profits, profitable, profitability, QuickBooks, tax, taxes

State News

NEW JERSEY: For 2015, the taxable wage base for UI, temporary disability and family leave insurance is $32,000 (Dept. of Labor and Workforce Development, Div of Employer Accounts, 2015).

Wednesday, October 8, 2014

Our Services

You need and want accurate, timely accounting information. With Kathryn C. Tiffany, LLC experienced staff handling your bookkeeping needs, you can get back to the business you do best, your business!

Bookkeeping
We charge only for the tasks you need performed, saving you valuable time and money. End the hassle of internal bookkeeper turn over and re-training.

Payroll
We make paydays easy – just send your hours and pay amounts and we take care of the rest!

QuickBooks Training & Support
Schedule one on one training, have us set up your company file, or trouble shoot it!


Kathryn@TiffanyAccounting.com
www.TiffanyAccounting.com
Call Today!   856-803-4651

Common Forms

Form W4

http://www.irs.gov/Form W4


Employes Withholding Allowance Certificate. 


  • IRS Form I-9
    Employment Verification.
  • Form 1040-ES
    Estimated Tax Payments for Individuals.
  • Form W9
    Request for Taxpayer ID Number and Certification
  • Circular E

  • NJ Resale Certificate 

    http://www.state.nj.us