Category Archives: Accounting

Start Getting Your 2013 Tax Return in Shape

Posted on April 30, 2012 by William A Olson, CPA

“Procrastination is like a credit card: it’s a lot of fun until you get the bill.” ~ Christopher Parker We may have barely made it past the 2011 filing deadline, but taxpayers should already be doing a few quick checks … Continue reading →

Posted in 1040 Personal Income Taxes, Accounting, IRS, Personal Finance, Tax Preparer | Leave a comment

Year End Checklist for Closing Your Books

Posted on December 9, 2011 by William A Olson, CPA

As a business owner, it’s imperative to maintain accurate accounting records in order to substantiate all the items of income and expense on your tax return. A vital piece of the accounting process is the year end (or month end) … Continue reading →

Posted in 1065 Partnership Income Taxes, 1120 C Corporation Income Taxes, 1120 S Corporation Taxes, Accounting, QuickBooks | Leave a comment

An Alternative to QuickBooks for Mac Users

Posted on June 14, 2011 by William A Olson, CPA

An Alternative to QuickBooks for Mac Users from Computer World

Posted in Accounting, QuickBooks | Leave a comment

Small Business Tools

Posted on May 18, 2011 by William A Olson, CPA

Accounting Today talks about some small business tools available from the IRS that may be helpful: IRS Showcases Small Business Tools

Posted in 1040 Personal Income Taxes, 1065 Partnership Income Taxes, 1120 C Corporation Income Taxes, 1120 S Corporation Taxes, Accounting, IRS, QuickBooks, Tax filing due dates | Leave a comment

The Importance of Good Record Keeping

Posted on May 11, 2011 by William A Olson, CPA

Everyone in business must keep records, especially those that will come in handy when it’s time to think about taxes on the business. Continue reading →

Posted in 1040 Personal Income Taxes, 1065 Partnership Income Taxes, 1120 C Corporation Income Taxes, 1120 S Corporation Taxes, Accounting, IRS, QuickBooks | Leave a comment

Senate Passes 1099 Repeal

Posted on April 6, 2011 by William A Olson, CPA

A big relief for small businesses… and Obama is sure to sign this. Senate Passes 1099 Repeal from CFO.com

Posted in 1040 Personal Income Taxes, 1065 Partnership Income Taxes, 1120 C Corporation Income Taxes, 1120 S Corporation Taxes, Accounting, IRS, QuickBooks | Leave a comment

There’s more demand for CPAs

Posted on April 1, 2011 by William A Olson, CPA

This is good news if you’re in the profession or know someone who is thinking about becoming a CPA… Bean counters wanted: Why the Big 4 are in a hiring frenzy from CNN Money

Posted in Accounting, Tax Preparer | Leave a comment

The importance of a good accounting system

Posted on March 24, 2011 by William A Olson, CPA

A good accounting system has many elements but it all starts at the beginning. If it is not set up correctly, it can cause you problems later on down the road. Proper record keeping is also important so that you … Continue reading →