Tip Tuesday: Microsoft Excel Shortcuts

For our Tip Tuesday today I wrote up a list of the most commonly used short cuts for Excel. I was given a sheet of them a while ago by an associate and they’ve proven to be very useful over the years. Feel free to print it out, keep it on your desk of pinned to...

Tip Tuesday: Modifying Autocorrect

Word has a nifty tool that allows the program to automatically fix commonly misspelled or mistyped words. But sometimes we use a certain abbreviation or a character string frequently and we don’t need it to be autocorrected. For example, we sometimes use HSA as...

What Tax Records Should You Keep?

As a general rule, the IRS recommends keeping copies of tax returns and supporting documents for at least three years. Some documents should be kept up to seven years in case a taxpayer needs to file an amended return or if questions arise including tax documentation...

Tip Tuesday: Finding a Lost Document

Sometimes working on a computer can be the worst. Like when you’re writing up some important documents and suddenly my computer freezes or a power outage occurs (this was very common where I went to college). Needless to say, I’ve gotten into a good habit...

Be Prepared To Validate Identity When Calling IRS

IR 2017-32 IRS has issued some tips regarding taxpayer phone calls to IRS, including what information callers need to be able to provide to IRS call center assistors to validate their identity. Noting that mid-February marks the agency’s busiest time of the year...

Tip Tuesday: Use Excel to Count Work Days

Good news for accountants and business owners! There is a quick way for Excel to calculate the business days in a certain period of time. This can be very useful when determining how many work days you need to account for in a certain year. Keep in mind this function...

Washington Alert on W-2s

The IRS, state tax agencies, and the tax industry, has issued an “urgent alert” to all employers regarding the Form W-2 (Wage and Tax Statement) email phishing scam. (IR 2017-20) The phishing scam has gone beyond corporates and has entered into other...
Client Identity Theft Checklist

Client Identity Theft Checklist

Action Steps for Recovery From Identity Theft Identity theft is a complex and evolving threat, and one that costs U.S. citizens billions of dollars annually. Without question, it is one of the most pressing challenges facing our country. Unfortunately, the problem is...
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