janeos

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So far janeos has created 57 blog entries.

Extremely Long Screed on Withholding

Ok, I have been meaning to dive into this for a long time, but have been dragging my feet because it is just technical and hard to explain.  But I have had so many clients ask me about how to fix their withholding when they owe at tax time.  And it seems like more and [...]

By |2022-12-08T11:35:53-05:00September 21st, 2022|FAQs, News|1 Comment

The new 6419s are here!!

Hey, if you have been reading my newsletters (and I know you have!) you know that your Advance Child Tax Credit payments must be reported and reconciled on your 2021 tax return.  You should also know that the IRS will be sending Letter 6419 to you that will show the total of those payments, and [...]

By |2022-01-18T20:36:23-05:00January 18th, 2022|Uncategorized|Comments Off on The new 6419s are here!!

Advance Child Tax Credits (ACTC)

This is might seem familiar to the 3 or 4 of you that read my emails, but I wanted to get it here on the website where it would be easier to find and reference. Advance payments of the Child Tax Credit were set to begin July 15 and end December 15, 2021. For the [...]

By |2021-12-29T14:44:38-05:00December 29th, 2021|Uncategorized|Comments Off on Advance Child Tax Credits (ACTC)

My kid took my debit card again, so OSCPA bought the groceries.

It’s my business, it’s my money!  Right??  Well… Let’s talk about using your business account for personal spending. One of the things I really stress for my small business clients is that you really need to have dedicated business bank account.  There are all kinds of good reasons to have a business bank account and [...]

By |2021-12-14T17:36:33-05:00December 14th, 2021|Uncategorized|Comments Off on My kid took my debit card again, so OSCPA bought the groceries.

AMAZON (not the good one with alligators and monkeys)

Amazon and PayPal: A NOT Love Story For most of my small business clients the easiest way to keep their books has been to use QuickBooks Online, or for me to hold their books on QuickBooks Desktop.  This allows me to download transactions and reconcile bank statements quickly and easily, any time, without bugging the [...]

By |2021-12-14T17:33:33-05:00December 14th, 2021|Uncategorized|Comments Off on AMAZON (not the good one with alligators and monkeys)

Getting married!

Did you get married this year?  YAY!!!  But here’s the thing, you have to tell me.  It matters. I have been pretty shocked by the number of people who come to me and tell me they are married, but it doesn’t matter for their taxes.  “We keep all our accounts separate” or “We didn’t get [...]

By |2021-12-14T17:16:22-05:00December 14th, 2021|Uncategorized|Comments Off on Getting married!

We are moving! NEW ADDRESS 4591 Indianola

As of November 1st we will officially be in our new location, 4591 Indianola Ave. The new office has parking in the back and is handicapped accessible.  We are very excited to have a little more room and wonderful grass and trees! The alley here on the right turns directly into our parking lot. It [...]

By |2021-10-17T13:01:07-04:00October 17th, 2021|Uncategorized|Comments Off on We are moving! NEW ADDRESS 4591 Indianola

Stimulus, stimulus, stimmy, Stewie, blewie BAM!

Ok, as of today, March 18, 2021, we have THREE stimulus bills.  They are causing a LOT of confusion. Stimulus #1 was approved in March of 2020 and starting arriving by direct deposit into bank accounts as early as April 15, 2020.  It was $1200 per adult, plus $500 for dependent children under the age [...]

By |2021-03-18T19:32:34-04:00March 18th, 2021|Uncategorized|Comments Off on Stimulus, stimulus, stimmy, Stewie, blewie BAM!

Fun forms from the IRS!!

Oh that silly IRS, sending us stuff. People tend to get a little worried when they get something from the IRS and I don't blame them.  And now that lots of people get notifications from the post office about the mail on its way I am getting questions before the envelopes even get opened. Here [...]

By |2021-03-12T20:33:29-05:00March 12th, 2021|Uncategorized|Comments Off on Fun forms from the IRS!!