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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How to Protect Your QuickBooks File Data

Your company QuickBooks file is gold. Keep it safe from fraud and intrusions. Here’s a look at what you can do. After the unprecedented year we’ve just experienced, the last thing you need is to have your accounting data compromised […]

categories: QuickBooks file

tags: data protection // quickbooks

How to Protect Your QuickBooks File Data

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Managing Out-of-State Employees: The Payroll Tax Conundrum

categories: Business Advisory // Tax

tags: Payroll

Managing Out-of-State Employees: The Payroll Tax Conundrum

As the COVID-19 global health event continues, employees across the country are still working at home and will likely keep doing so for the foreseeable future. If you have out-of-state employees, this can create additional tax and payroll challenges. […]

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categories: Tax

Qualified Small Business (QSB) Stock Gain Exclusion: Who Can Take Advantage and How to Do It

Originally, selling stocks identified as having Qualified Small Business status was viewed as offering marginal benefit. But the last several years have seen incremental changes to how gains from the sales of these stocks have been treated. As of the […]

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categories: Tax

How Employee Stock Options Are Taxed

Article Highlights: Non-statutory Option Wage Income Statutory (Incentive) Options Capital Gains Alternative Minimum Tax Many companies, as an incentive to employees to help grow the companies’ market value, will offer stock options to key employees. The options give the employee […]

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categories: Tax

tags: tax credits

Don’t Miss Out on Tax Credits

Article Highlights: Non-refundable vs. Refundable Credit Childcare Credit Earned Income Tax Credit Child & Dependent Tax Credit Saver’s Credit Vehicle Tax Credits Adoption Credit Residential Energy-Efficient Property Credit Tax credits are a tax benefit that offsets your actual tax liability, […]

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categories: Tax

tags: expense // Tax

You Can Expense Business IT Purchases

Article Highlights: Depreciation Material & Supply Expensing De Minimis Safe Harbor Expensing Routine Maintenance Bonus Depreciation Section 179 Expensing Thanks to some very liberal tax laws written to encourage investment in personal tangible equipment, including information technology (IT) equipment, many […]

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categories: QuickBooks Online

tags: how-tos // QuickBooks Online

How to Use Tags in QuickBooks Online

Where is your money coming from? Where is it going? You can use tags in QuickBooks Online to find out. QuickBooks Online offers numerous ways to help you track your sales, expenses, and profitability. If you’re using QuickBooks Online Plus […]

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categories: Tax

April 2021 Individual and Business Tax Due Dates

Individual Tax Due Dates April 12 – Report Tips to Employer If you are an employee who works for tips and received more than $20 in tips during March, you are required to report them to your employer on IRS […]

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categories: Tax

Great News, Child Care Tax Credit Expanded for 2021

Article Highlights: American Rescue Plan Expanded One-Year-Only Change Refundability Child Care Expenses Credit Percentage Maximum Credit Credit Phaseout Employer-Provided Dependent Care Assistance Great news if you are paying childcare expenses that enable you to work. As part of President Biden’s […]

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