Tweet My life growing up was filled with traditional structure. Today’s generation of young people don’t seem to need structure. I thought that was a negative, until a recent experience I shared with my son-in-law, Russ. Russ is a gifted individual when it comes to anything of a technical nature. Some might even label him [...]
Tweet Source: Daily Tax Report: News Archive > 2011 > January > 01/21/2011 > Federal Tax & Accounting > Tax Returns: Processing of Tax Returns Delayed By Law Changes to Begin Feb. 14, IRS Says Tax law changes enacted in late December have delayed the processing of electronically filed returns for those returns affected by [...]
Tweet Does the buck ever stop somewhere else? I know the answer to that question before it even leaves my brain. Humor me as I go through the process of acceptance, which happens to include reciting The Serenity Prayer a time or two. I own the company. My responsibility is to surround myself with people [...]
Tweet Another Tax? What is this one??? PPT in Michigan allows the business owner (who may not own the building in which the business is located) to help pay for city services such as fire, police, garbage and the like. What is the process? File the annual PPT tax return. This return is based on [...]
Tweet My wife and I decided to stretch our trip to Arkansas over two days, rather than driving straight through. I searched the internet for a place to have a leisurely dinner and found Lambert’s Café, located in a small Missouri town called Sikeston, just off the I55 expressway in the extreme southeast corner of [...]
Tweet Dear Beth, What’s this I hear about a Michigan Tax Amnesty? Since when does The Tax Man cometh with forgiveness? What’s the price tag? Is this some kind of free pass? Signed: Skeptical in Sterling Heights Dear Sterling Heights Skeptic, Understand that the Michigan Tax Amnesty (Senate Bill 884, enacted October 5, 2010) isn’t [...]
Tweet 2% Reduction in Social Security Tax for 2011 For 2011, there is a temporary one year 2% reduction in employee payroll taxes. Make sure that for 2011 your payroll software makes the necessary adjustment in the calculation for this tax cut.
Tweet Congratulations Employees! You have just received a 2% pay raise!! For 2011, there is a temporary one year cut in employee payroll taxes. What that means to you is that for 2011 only, the Social Security tax that you pay through payroll deduction has been reduced by 2%. The current rate is 6.2%, which [...]
Tweet This is a repost of a blog recently published by the folks at Hubspot. Valuable reading for the business owner, as well as anyone who works in the customer service arena: The 10 Commandments of Customer Support Posted by Jeanne Hopkins Matthew Stein, manager of the HubSpot Customer Support Ninja Team, believes strongly in [...]
Tweet We’ve been toying with the idea of hosting an EA Schensky Blog for most of 2010. The blogosphere can be a bit intimidating until you realize that this new world opens the business door to easily connect with clients – current and future. Education came first and continues. A consultant, Sarah Worsham, assessed our [...]