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    More year-end notes

    Season's Greetings!

    The files for the new year are all ready to go now, and I am spending the rest of the remaining days of 2013 wrapping up loose ends so all will be ready to go for January 1st, just a short week away!

    Please contact me with any questions, concerns, or last-minute payrolls or changes you need to make.  I plan to get an early jump on the payroll reporting (quarterly, annual, W2's) in order to get it out of the way and make room for the year-end work needed for your income tax reporting.

    And, of course, I wish you Happy Holidays!
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    Year Endings and Beginnings.

    Well, things are in full-swing here to not only take care of  'things-that-must-be-done-for-year-ending' but also 'things-that-must-be-done-for-year-beginning'.  I am shifting old files to storage to make room for the 2014 files (getting a workout), and gathering and organizing what is needed for a smooth transition from old to new.

    I have received my first RT-20 "Reemployment Tax Rate Notice" for 2014, so all of you with payroll should be receiving them as well.   Please fax a copy to me as soon as you can so I can set up the rate for the first 2014 payroll.

    Also, though I don't believe it will affect anyone, effective January 1st 2014, Florida's minimum wage will be $7.93 per hour.  The taxable wage base for state reemployment tax will remain at $8,000.

    I believe that is all of the news for now.  Please feel free to call me if you have any questions.  Although I am not in the office all of the time, you are always welcome to call my cell 321-536-0969.  If I am unable to answer your call, I will call back as soon as possible.

    Happy Holidays!

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    Nearing year-end

    Well, now that Thanksgiving is in the rear-view mirror, it seems that the end of 2013 is hurtling towards us at top speed.  Time to be making plans to be as ready as possible!
    Here are a few tips and reminders to avoid getting caught in the crunch.
    • Check your employees and vendors to be sure all of the data is complete and up-to-date for W2 and 1099 form preparation.
    • Have a special folder handy (this is good for your personal info also), marked 'Tax Stuff' so you have a place for all of the forms and bits information that you receive and gather as you go along.
    • Make copies of bills for capital purchases during the year, as well as any other major transactions made during the year, such as a sale of assets or a loan you have received.  Write down the date of any major events that affect your business, such as a major personnel change or change in operations.
    That is all I can think of at the moment.   I will keep posting as the 'crazy'  season continues.