Traditional IRAs
Traditional IRAs on Biteable.
Read More »Employee Tip Requirements
Let’s face it Tips have to be reported for your employees. But what are the rules regarding the tips? The tips need to be reported on a Form 4070, Employees Report of Tips to Employer (PDF) or on a similar statement. These reports are crucial to your business. They help capture the tips for reporting […]
Read More »Improve Your Business Success Rate With These 4 Simple Strategies
It doesn’t matter if you are just starting out as a new business owner or you have successfully been running one for quite some time, there are always new strategies that can help maximize your success rate in the marketplace. Your current income regardless of the amount, you can double or nearly triple that number by paying […]
Read More »Avoiding Those IRS Notices Only Makes It Worse.
Each year you get W-2s, 1099s, K-1s, and other tax papers. These papers report your income, interest, sales, dividends, retirement income, IRA withdrawals, etc. Remember to take all these papers with you when you get your taxes done. When you forget one and do not report it on your return, it may raise a red […]
Read More »5 Tips To Improve Payroll
We are a service oriented company. MD Bookkeeping & Internet Services LLC strives to meet your business needs by providing a full range of payroll and benefit administration services. We have the ability to let you run payroll from anywhere. We also have a variety of time clocks that can integrate into your payroll. We […]
Read More »Phone Scams continue to be a threat and are on the IRS “Dirty Dozen” list.
Phone Scams continue to be a threat and are on the IRS “Dirty Dozen” list. We’ve already received one phone call this year from an automated system telling us that we owe and we need to contact a person via the telephone. Knowing this is the beginning of tax season, we are taking extra steps […]
Read More »Charity Golf Outings And The 2017 Tax Reform
The recent tax reform has changed the way you can handle Charity Golf Outings. The tax reform did away with business tax deductions for prospect and client golf. Did you know that Charity golf is gone too? Buried in the recent tax reform is the elimination of the 100 percent business deduction for charity golf […]
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