Enrolled Agents Needed for More Than Income Tax Matters

Enrolled Agents Needed for More Than Income Tax Matters

Your work as an enrolled agent is not limited to only addressing income tax issues. You also possess the expertise to help business owners with payroll tax matters. In fact, your status from having passed the enrolled agent test allows you to negotiate for taxpayers about their payroll tax problems with the IRS.

Any business with employees becomes quickly embroiled in trouble when failing to make timely payment of payroll taxes. Avoiding these problems and accurately calculating payroll taxes is a valuable specialty for an enrolled agent practice. The enormous benefit of your advice related to payroll taxes opens the door to providing a range of tax services to business owners.

Employer withholding and remitting of payroll taxes that seems like a simple part of your enrolled agent continuing education is not so easy for many small businesses. Failure of a business to pay withheld taxes incurs a severe trust fund recovery penalty.

Of course, employers also are responsible for paying their shares of employment taxes. This includes the employer part of Social Security and Medicare plus other taxes that are paid solely by employers.

The payment schedule for remitting employment taxes on time depends upon the amount of tax payable. Deposits are made either monthly or semiweekly. A business owing less than $50,000 of taxes per calendar quarter is eligible for monthly deposits. Completion of required reports for each quarter are addressed in your EA continuing education.

Accurate calculation of payroll taxes requires careful attention to detail. Income tax withheld from employee paychecks requires having a W-4 from every worker. Various withholding amounts apply depending upon the exemptions employees claim, their income level, and the frequency of payroll dates.

Social Security and Medicare taxes are fixed percentages. But these are subject to change. This includes temporary changes such as the two percentage point reduction in the employee portion of Social Security tax for 2011 only.

Employers in some states also must withhold and remit state income tax. In addition, the states and federal government assess unemployment taxes. Deposit schedules for these taxes are completely different than other payroll taxes. For example, a business owing less than $500 of federal unemployment tax per year is permitted to make an annual payment instead of deposits throughout the year.

Taxpayers with business interests represent opportunities for tax practitioners to obtain plenty of work. Enrolled agents have thriving practices by attracting these individuals. A good way to start the relationships is by possessing a high level of expertise to handle the multiple tax consequences involving payroll.

IRS Circular 230 Disclosure

Pursuant to the requirements of the Internal Revenue Service Circular 230, we inform you that, to the extent any advice relating to a Federal tax issue is contained in this communication, including in any attachments, it was not written or intended to be used, and cannot be used, for the purpose of (a) avoiding any tax related penalties that may be imposed on you or any other person under the Internal Revenue Code, or (b) promoting, marketing or recommending to another person any transaction or matter addressed in this communication.…

Continuing Education for a New Year Resolution

Continuing Education for a New Year Resolution

With the year 2010 quickly coming to a close, many people have already begun putting together their New Year’s Resolutions lists. Many of these goals will include losing weight, eating healthier, and other popular ambitions, but sometimes these resolutions lack importance and life-changing qualities. Instead of listing trivial aspirations this New Year, try working on just one, life-altering resolution that will make 2011 a year to remember.

Knowledge is one of the most important things that a person can acquire over a lifetime. For those who did not have the desire or chance to complete their continuing education in Maryland, make this the 2011 New Year’s resolution. Universities across the country have made it easier for working adults to go back to school to get their degrees. They offer night classes and online classes that work around a working adult schedule so that courses can be completed at a reasonable pace.

The relationships that people have with their family members are also incredibly important aspects of life, yet too many families are ripped apart over trivial matters. If there are family members who have not been seen in years, make 2011 the year to reconnect and rekindle the relationships with those important people. Life is about forgiveness and moving on, so everyone should work to put the past behind them.

For every person, there is something that makes them feel uncomfortable or insecure. This 2011, step out of the comfort zone and try something bold and daring. For some, this may mean skydiving, and for others, this may mean writing a film manuscript. Getting past fears and blockages makes people into stronger and more interesting people.…

Excellent Ideas To Improve Your Web Design

The success of a website can be solely determined by the quality of the design. If your website is appealing and efficient, users will come back – and will buy from you. A poor design will deter a lot of people from even looking at your content. Use the advice here to be certain that you have a good design to your website.

Don’t neglect cascading style sheets. Using a style sheet makes it easy to give all pages of your site the same look and feel. It also reduces the file size of your pages, as the CSS file can be accessed once on the server and then from the user’s local cache thereafter.

Make sure that all of your colors match one another. Make sure that text can be easily read against background colors. In general, you want to use a dark font color and a lighter background. If you have doubts about your color scheme, run it by a few people and see what they think of it.

Speed is king on the Internet, so you need to make sure your web pages load quickly. A visitor who has to wait for pages to load is likely to seek information and help elsewhere. If your site has a reputation for loading slowly, it will be difficult to attract repeat visitors.

A site that is going to be successful must work with all browsers. factory reset samsung This is why it is vital that you test all your pages to ensure that they properly display in all the various browsers. Each browser is a little different, and a site that looks fine in Firefox may look wrong in Safari, Chrome, or Internet Explorer. Verify the way in which your pages load in all major browsers prior to your official launch.

To help keep your site visitors happy, do not underline words. Underline words on the internet signifies that the word is a clickable link. If you have too many words on your pages that are underlined with being clickable links, then your visitors will be frustrated after continuously trying to click on them.

Keep your education ongoing. Websites are constantly changing, every day, and if you stop learning new things, you may find yourself falling behind the pack with your designs. Try to convince yourself to learn one new thing each day, be it programming a new background, or a simple HTML setup.

Add a link where your visitors can send you feedback. This will help you recognize mistakes in your design and give you the opportunity to fix them. If a visitor feel involved, he or she will want to see your website again.

Two factors that directly determine the success of your website is how good it looks and how easy it is to use. Websites that use web design best practices, generally get more traffic than those that don’t. If your site is poorly designed, potential customers will not see it as serious and won’t read your content. Follow the web design advice you’ve just read to guarantee the success of your website.…

Nervous About the SAT and ACT Tests? Read This!

There’s that scene in the football movie “Any Given Sunday” when the anxious third-string quarterback would throw up before he starts to play. If you feel that way every time you are about to take a major test, it may be a good idea if you learn to relax. Doing so may just help you earn better scores. Good test prep for the SAT and ACT will help you eliminate test anxiety and do your best.
The best way to combat anxiety is through confidence so you should start preparing for these important tests weeks in advance. Go through a test prep course for the SAT and ACT so that you can familiarize yourself with many possible questions that will come up in the tests, as well as the test formats and time limits. Practice, practice, and practice. Remember that fear of the unknown is all too common, but knowing what to expect can really boost your confidence.
Good test prep will help you understand how the SAT and ACT are put together and whether you should answer every question in any particular order. You will learn how to pace yourself and why wearing a watch can make a big difference. You will also discover some good test-taking strategies that will help you understand what is effective on each test. Where should you guess and why?
Some students prefer individual test prep with a tutor who specializes in teaching for the SAT and ACT. Other students will do better in a small class where they can learn from the test prep coach and gain experience in a group setting, similar to an actual test situation. Students who are motivated enough to work on their own may find that online test prep works for them. It is important to weigh the benefits of different kinds of test prep in order to find what works best for you.
Be absolutely certain of the exam date and time, as well as the testing location. Additionally, prepare all the necessary items you might need for the test the night before, such as your IDs and other required paperwork, pens, and some snacks for breaks. Get to bed early, and to be sure you’ll wake up on time the next day, have someone wake you up early.
On the morning of your test, eat a full breakfast. The SAT and the ACT aren’t exactly pop quizzes, and breakfast will help you get through it. At the start of the test, take a few deep breaths and relax. The knowledge that you’ve attended SAT and ACT tutoring and courses should give you the confidence you need so you can perform to the best of your abilities.…

New California CPA CPE Requirements

New California CPA CPE Requirements

The California Board of Accountancy sets the rules and requirements for the number and type of CPE hours which a CPA must complete to renew his or her CPA license. The California Board of Accountancy does not, however, require that CPE providers be pre-approved or registered with the state board (other than the Professional Conduct and Ethics course and the Regulatory Review course). The following information pertains to The California Board requirements for CPE other Professional Conduct and Ethics and Regulatory Review courses.

The California Board of Accountancy adopted changes to CPE requirements which took effect on January 1, 2010. Under the new requirements, California CPA licensees will be required to complete a minimum amount of continuing education each year. Additional changes regarding the timing of when CPE must be completed, will take effect on January 1, 2012.

The following CPE requirements took effect on January 1, 2010:

* License renewal: A total of 80 hours of continuing education is required to renew a license from an inactive status to an active status. Of the total 80 hours, a minimum of 20 hours of CPE (including a minimum of 12 hours in technical subject matter) must be in the one-year period immediately preceding the time of license renewal.

* Converting inactive status to active: A total 80 hours of continuing education is required to convert a license from an inactive status to an active status. Of the total 80 hours, a minimum of 20 hours of CPE (including a minimum of 12 hours in technical subject matter) must be completed in the one-year period immediately preceding the time of status converting the license from inactive to active status.

The following CPE requirement takes effect on January 1, 2012:

* A total 80 hours of continuing education will be required to renew a license in an active status. Of the 80 total hours, a minimum of 20 hours (including a minimum of 12 hours in technical subject matter) of CPE must be completed in each year of the two-year license renewal period.

Comparing CPE Providers

Because the California Board of Accountancy does not require registration of CPE providers, the following are some good questions to look for on the website of a CPE provider when selecting a CPE course or program.

* Does the provider specify written learning objectives for each course?

* Does the provider retain records for a minimum period of time? (California requires 6 years)

* Does the provider require a final exam with a minimum passing score at the conclusion of the course?

* Does the provider issue certificates of completion for each course?

* Is the course interactive?

Interactive CPE

Many states, including California, only accept self-study courses which are “interactive”. The following criteria are generally used to determine if a course or program can be considered “interactive”:

* Require frequent responses from students using questions that test for accurate understanding of the coursework.

* Provide feedback to correctly answered questions.

* Provide feedback to incorrectly answered questions.

The California Board of Accountancy does not require that CPE providers be pre-approved or registered with the state board (other than the Professional Conduct and Ethics course and the Regulatory Review course). Therefore, California CPA’s should be diligent in selecting a quality CPA CPE provider.…

Scuba Police is Watching – Value of Continuing Education

Scuba Police is Watching – Value of Continuing Education

You are certified to go scuba diving now and ready to take on the world. At that point your scuba instructor will bring up the next class again, Advanced Open Water. Some will say, “Why can’t I go and just scuba dive since I am certified”. This is true. There is no “Scuba Police” sitting there waiting to give you a ticket like they do when you are driving. However, think about this in a little different perspective. After you are trained in the class and pool you need to do four open water dives with an instructor to demonstrate that you remember everything you were taught. All you need to do is four dives. Most people remember being teenagers or have teenagers close enough to relate. Imagine a teenager jumping on the highway after only four times driving behind the wheel in the real environment. Can it be done with no harm? Sure, but most of us would not count on it. If they make it back OK, it is the parents who will have this pain of worry of what could go wrong.

My point here is to emphasize value in continuing education and diving with the supervision of a scuba instructor. As you head out on your journey of scuba diving you will gain more experience and knowledge under the wing of a scuba instructor. Just like anything else, the lesson is so much greater with a mentor than striking it out on your own. The scuba instructor will provide you insight that would take you hundreds of dives to get a good handle on. Plus, the scuba instructor will share their own stories with you. Everyone loves stories that we can relate to.

There are things from each course you will take with you on your own dives. I guarantee that with most of the dives you are on will be able to implement something from each course you take, beyond the open water class. This could be from tying a knot on a shipwreck that you learned in your search and recovery class. Maybe you are in the middle of the quarry and you were ‘turned around’ due to the excitement of an underwater object and you grab your compass to take a reading to get back to shore. Or maybe you are out in the beautiful ocean on vacation and you see a newer diver go through stages from excited to worried way to fast. Without letting things go too far that will create some type of injury you make an approach to help the diver with what they need without making the diver’s worry noticeable. You would have never be able to do this without taking the rescue diver class after your Advanced Open Water class. Who would have guessed you needed anything you learned?

Now you can see some of the value of continuing on in classes you know you will enjoy. You never know you just might enjoy the challenge that comes with these classes and move yourself through the Professional ranks like I did. Others will just continue learning and becoming a more confident diver. That is something you cannot put a price tag on. You can enjoy years of endless excitement and relaxation.…

Students Can Now Resort to Online Tutoring for Extra Help

Online tutoring has become an excellent alternative for those who find it difficult to attend various tutoring centers located far away from their homes. It provides great relief to such students as they can choose from a variety of subjects such as reading, writing, math, science or accounts and receive one-on-one tutoring from well-qualified teachers online.
Students can easily gain access to tutoring of different subjects through online sources. Usually students who find mere school teaching hard to cope with and need additional assistance in order to maintain good grades are the ones to benefit from this. Online tutors provide guidance and individual attention to students to improve their knowledge base in academics. Additionally, they keep track of their students’ progress. Such tutors usually strive to ensure that each and every student develops appropriate skills and inculcate good study habits in order to succeed academically.
Math is an important subject for students but can be challenging for certain individuals to grasp. It is critical for every student to undergo training in this subject in order to be clear with mathematical concepts. For those who are unable to attend regular classes, can opt for online math tutoring. Some people consider math to be rather difficult to be taught online. Since there is speech aided tutoring packages and digital white board services which can provide easy math problem solving, grasping math from online sources is not an issue. Moreover, students get the opportunity to interact with experienced teachers who are aware of various techniques and short cuts to master the problems involved in math thereby making it useful for students to progress in the right direction.…