Expert Perspectives

Squire provides complete and personalized accounting solutions to meet your individual needs.

Expert Perspectives

Squire provides complete and personalized accounting solutions to meet your individual needs.

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Big Increase in Child Tax Credit For 2021

Article Highlights: Additional Credit Amounts Refundability High-Income Phaseout Advance Payments Reconciliation of Advance Payments with Credit Child’s Death Online Portal An increased child tax credit is part of President Biden’s stimulus package to help tackle the coronavirus pandemic and stimulate […]

categories: Tax

Big Increase in Child Tax Credit For 2021

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categories: Tax

Are Your Unemployment Benefits Taxable?

Article Highlights: CARES and COVID Tax Relief Acts Unemployment Benefits American Rescue Plan Tax-Exempt Portion of Unemployment Bogus Forms 1099-G Kiddie Tax and Unemployment States’ Taxation of Unemployment With the passage of the CARES Act stimulus package early in 2020, […]

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How to Start Customizing Sales Forms in QuickBooks

categories: quickbooks

tags: get paid // quickbooks

How to Start Customizing Sales Forms in QuickBooks

QuickBooks comes with perfectly usable sales form templates. But you can modify content and appearance to make them yours. When you receive an invoice or bill in the mail or online, how much attention do you pay to the way […]

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categories: COVID-19 Tax Insights // Tax

IRS to Recalculate Taxes on Unemployment Benefits

By: Brandon Allfrey, CPA The IRS announced plans to begin correcting 2020 individual tax returns that reported unemployment compensation prior to the recent changes in the American Rescue Plan. Under the new law, the first $10,200 of unemployment compensation received […]

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Podcast | Payroll Protection Program Loans are Still Available Under PPP1

categories: blog

tags: PPP

Podcast | Payroll Protection Program Loans are Still Available Under PPP1

The government extended benefits, and added funds, to the first Payroll Protection Program rolled out in Spring of 2020. Squire CPA and Partner, Greg Hyde, joins Susan Speirs, CEO of UACPA, and KSL News Radio’s Heather Kelly, on the Money […]

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categories: COVID-19 Tax Insights // Tax

tags: COVID-19 // Tax

American Rescue Plan Act

Summary On Thursday, March 11, 2021, the American Rescue Plan Act of 2021 (ARPA 2021) was signed into law. This is a $1.9 trillion emergency relief package that includes payments to individuals and funding for federal programs, vaccines and testing, […]

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categories: QuickBooks Online

tags: QuickBooks Online

How To Add Users in QuickBooks Online

If you have one or more people besides yourself using QuickBooks Online, you’ll need to know how to add users and set up their accounts. Your QuickBooks Online file contains a great deal of very sensitive information, like customers’ credit […]

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Keep Up With Payables: Paying Bills in QuickBooks

categories: quickbooks

tags: Bills // quickbooks

Keep Up With Payables: Paying Bills in QuickBooks

We know it’s not your favorite accounting task, but QuickBooks makes paying bills easier. Last month, we described the process of entering bills in QuickBooks. We discussed how you can’t pay bills without first entering them (Vendors | Enter Bills). […]

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categories: Tax

Tax Deductions Without Itemizing

Article Highlights: Charitable Contributions Educator Expenses Performing Artist Expenses State and Local Government Officials’ Expenses Health Savings Account Contributions Moving Expenses for Members of the Armed Forces Student Loan Interest Deduction Tuition and Fees Deduction Deduction for Early Withdrawal of […]

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