The U.S. tax season is coming up, and new changes to the IRS code come that will affect employers and employees alike. Many of these changes are set to take effect in 2022, so this blog post will focus on…

What is the form for? The purpose of the 1098 Form E is to determine any eligible federal tax deductions for people who have paid interest on student loans. It’s official name is the Student Loan Interest Statement. The form…

What is the form for? The 940 Schedule A tax form is used to specify how much employers are taxed under the Federal Unemployment Tax Act (FUTA). The federal government collects this tax to maintain the unemployment programs active in…

The following three approaches to life insurance needs (annuity method, capital preservation, and preservation of purchasing power) are similar in their basic approach. The latter two methods use the annuity method as the starting point and factor in additional life…

Below, you’ll find a list of factors to consider when determining how much life insurance you’ll need. This tool should be used as a guideline to help you determine what you need. Please note, there are many ways for you…

TROY Checkwriting Software™ is a Windows-based laser check printing software application that interfaces with most accounting systems to allow on-demand check printing. TROY Checkwriting Software assists check issuers with printing checks in a secure, flexible and cost effective manner. Most…

There are so many different types of accounting software on the market today that you’ll need to know exactly what it is that you’re looking for before you make your final decision. There is accounting software available for all business…

We have a special treat today. More than just explaining the fundamentals of computer-based accounting, I’m going to talk with Jim Miller, recently retired payroll specialist and tax auditor, who spent the last 10 years of his career as a…

No matter how advanced your accounting software, some tasks will always seem tedious. Whether it’s payroll reporting or some type of data analysis, there are a few isolated processes that cause your eyes to glaze over. However, the boom in technology across…

While lack of knowledge and industry jargon may hinder business owners from upgrading accounting software, fear of the transition period seems to ignite the most fear. Researching new tools and systems to fix specific problems can be easy—even fun—but when it comes…