Van Cleave Accounting Services

07/16/2024

PSA...postage rates have increased

12/11/2022

A heads up to owners: If you earn more than $600 using third-party payment cards, you may receive an Form 1099-K that you need for your 2022 tax return. This form shares income from reportable transactions using digital applications or third-party payment cards. See what this means for your Small Biz: http://ow.ly/ecZp50LkqhR

12/08/2022

Becareful out there today!

12/02/2022

PRO- TIP...
Keep Your Personal and Business Expenditure separate:
Try to separate your personal expenses with business expenditure this way make things simpler for you and your company. Using business account as personal can create tax complications so it is best advised to keep them both separately.

12/02/2022

12/24/2021

03/21/2021

IR-2021-59, March 17, 2021 — The Treasury Department and Internal Revenue Service announced today that the federal income tax filing due date for individuals for the 2020 tax year will be automatically extended from April 15, 2021, to May 17, 2021.

09/01/2020

https://www.forbes.com/sites/kellyphillipserb/2020/08/28/questions-remain-after-irs-rolls-out-guidance-on-payroll-tax-deferral/

Today, the Department of Treasury and Internal Revenue Service (IRS) finally issued official guidance for taxpayers. For many, it raised more questions than answers.

04/14/2020

REMINDER:
1st Quarter Payroll Reports are due by the end of the month!

These can include but are not limited to:
Employer's Quarterly Federal Tax Return
State of Idaho Dept of Labor Unemployment Ins Tax Report
Quarterly Sales Tax Reports

04/05/2020

Social Security recipients will get economic impact payment without filing taxes for 2018 or 2019. will instead use the information on their Form SSA-1099 and Form RRB-1099. More at www.irs.gov/coronavirus