Carabell-Leslie Blog Customer Refunds: Are You Doing Them Right? Refunds. You probably wince at the word. Some – like customer refunds for returns – are fairly uncomplicated, thanks to QuickBooks‘ tools. Others, not so much. You may find yourself unable to balance your accounts receivable. There are numerous scenarios that necessitate the use of credit memos, including overpayment, order cancellations and bad debt write-off. [...] The Importance of Updating Beneficiary Designations Most of us have more than enough to do.  We’re on the go from early in the morning until well into the evening-six or seven days a week.  Thus, it’s no surprise that we may let some important things slide.  We know we need to get to them, but it seems like they can just [...] Qualified Charitable Distributions IRA owners and beneficiaries who have reached age 70 ½ are permitted to make cash donations to IRS-approved public charities directly out of their IRAs.  These so-called qualified charitable distributions, or QCDs, are federal-income-tax-free to you, but you get no itemized charitable write-off on your tax return. But, that’s okay because the tax-free treatment of [...] Who's Online We have 1 guest online

Home Our Services Entity Selection Entity Selection   Entity selection is an important decision that every business owner makes.  The choice depends upon the type of industry in which the business operates and the business owners’ needs and desires.  Each entity has different tax consequences which must be considered when making this selection.  We work closely with business owners and their legal counsel to help in making this complex decision.

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