Income Tax Preparation, Accounting and Payroll service by Don Brooks & Associates - Don Brooks Associates, Inc.
We don't want to rush you but you have:
left until your taxes are due
left until your taxes are due
Accounting Services:
Bookkeeping
We offer complete bookkeeping services for small businesses. Read more: BookkeepingFinancial Statements
Monthly, quarterly and year-end Balance Sheets and Profit & Loss Statements are prepared accurately and timely for a broad range of small business clients. Read more: Financial StatementsPayroll Services
Complete payroll services for small business clients. Read more: Payroll ServicesMain Menu
Tax Tips Small Business
New Rules for Spouses Who Operate a Business Together
Do you qualify for simplified reporting?Spouses who operate a business together have a new option for reporting their business income. In the past, husband and wife joint owners were considered a partnership for reporting purposes. New rules, which took effect this year, give spouses the option of reporting their business income as two separate sole proprietorships. Read more...
Small Business Quick Tip
| If you are a self-employed taxpayer, you may deduct 100 percent of your health insurance premiums from your income. The deduction for health insurance premiums does not reduce your self-employment tax, however. |
Wednesday, 22nd February 2012
Tax Tips Personal
Cleaning Out Your Closets?
Items you donate may not qualify for a deductionIt used to be that you could take all your unused clothing and household items to the local Goodwill, Salvation Army, or thrift store and reap a nice charitable contribution deduction.
Read more...
Personal Quick Tip
| If you own mutual funds, it is important to keep track of your reinvested dividends. These dividends increase your cost basis resulting in a lower capital gain when you sell the fund. |