Leah’s Accounting & Business Solutions Facebook Feed

 

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New Office HoursMonday - Thursday 8am to 4pm and Friday 8am to 12pm ... See MoreSee Less
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Due to various vacation schedules, our Office will be open from 9am to 2pm starting Monday, May 8 & continue through Tuesday, May 16, 2023.See you when we get back. ... See MoreSee Less
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Our office will be closed Friday, April 28, 2023Hope you all have a great weekend.Back at it on Monday, May 1st ... See MoreSee Less
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*** Worry Free Wednesday***Just because you are not legally obligated to file a tax return you could still get money back if you file. A person may qualify if:• Have had federal income tax withheld from their pay.• Made estimated tax payments.• Qualify to claim refundable tax credits. ... See MoreSee Less
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*** Tax Tip Tuesday***A small business may qualify for the Research and Development credit:A small business may claim up to $500,000 of qualified research expenses as a credit against payroll taxes. To qualify the business needs be less than 5 years old and cannot exceed $5 Million. ... See MoreSee Less
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We will be closing at noon today. Sorry for any inconvenience. We will be open again on Monday from 8-5 thank you. ... See MoreSee Less
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*** Worry Free Wednesday ***New mothers in the workplace are covered as follows: FLSA requires employers to provide a reasonable break time to express milk for employee’s nursing a child for 1 year after the child’s birth. Every time a mother needs to express her milk, the employer must provide a place to do so other than in a bathroom. This location must be private and away from the public and co-workers. ... See MoreSee Less
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*** Tax Tip Tuesday***Bookkeepers who file tax documents, such as employment taxes or other tax returns for companies must attach a Power of Attorney (POA). If a valid Power of Attorney is not attached, there is a possibility claims or returns may be denied. ... See MoreSee Less
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And .... Just Like That... It's A Wrap & Tax Season is Over!In True Leah Style, Our Office will be Closed Monday, April 17, 2023 & Tuesday, April 18, 2023. Thank you all for your Continued Support ... See MoreSee Less
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And .... Just Like That... It's A Wrap & Tax Season is Over!In True Leah Style, Our Office will be Closed Monday, April 17, 2023 & Tuesday, April 18, 2023. Thank you all for your Continued Support ... See MoreSee Less
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*** Tax Tip Tuesday *** Don’t fall for federal tax refund myths!Myth: Where’s my refund? This must be wrong because it is less than I expected.If this happens the IRS will mail the taxpayer a letter to explain the adjustments made. There may be a letter from the Department of Treasury Bureau of the Fiscal Service if the refund was reduced to offset certain financial obligations. ... See MoreSee Less
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We hope you all have a wonderful and blessed Easter Sunday! ... See MoreSee Less
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Update for our office.....We are no longer using the Bookkeeper email address. If you have sent an email to that address in the last 3 weeks and didn't cc Wendy or I, please reach out to us, or resend it to Wendy and I. ... See MoreSee Less
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***Worry free Wednesday*** Frequently asked questions about medical expenses related to nutrition, general health and wellness. Q - Can a dental exam and or eye exam be a medical expense that can be paid or reimbursed by an HSA, FSA, Archer MSA, or HRA?A- Yes, the dental or eye exam proves a diagnosis if a disease or illness is present.Q- Can a drug-related substance use, or an alcohol use program be a medical expense be paid or reimbursed by HSA, FSA, Archer MSA, or HRA?A-Yes, the programs treat the disease.Q- Is a weight loss program a medical expense that can be paid or reimbursed by HSA, FSA, Archer MSA, or HRA?A-Yes, but the program needs to treat a disease diagnosed by a physician such as obesity, diabetes, hypertension, or heart disease. Q-Can a gym membership be a medical expense that can be paid or reimbursed by HSA, FSA, Archer MSA, or HRA?A-yes, but only if the membership was purchased to help the function of the body. For example, if you get a prescribed plan for physical therapy to treat an injury. Or the sole purpose of treating a specific disease but must be diagnosed by a physician. This can be obesity, hypertension, and heart disease. Otherwise, the cost of a gym membership is for the general health of the individual and is not a medical expense. ... See MoreSee Less
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*** Tax Tip Tuesday *** How can I find available tax credits and tax deductions?There are a lot of tax deductions available for all filing statuses. There are the obvious ones like the child tax credit. But others are more complicated like the Income in Respect of a Decedent deduction. There is a list of available credits and deductions; this is an ever-changing list, so it would be a good idea to seek tax advice from a tax professional who can tell what credits or deductions you are eligible for. ... See MoreSee Less
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Saw this on a fellow Accountants timeline and thought it would be appropriate to post here! 😂🤣😂 24 more days…. ... See MoreSee Less
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For any of those looking for work….this is bound to be a fun job!We are hiring for a part time laundromat attendant. The hours for this position will be 2:30pm -6pm, Monday through Friday. The main responsibilities are cleaning, assisting customers, cleaning, washing and folding laundry, cleaning, ironing, and cleaning. The ideal candidate will enjoy talking with people, and helping them solve any challenges. A willingness to troubleshoot issues as they arise is also important. This position starts at $16 per hour. ... See MoreSee Less
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2 months ago

Leah's Accounting Solutions
Leah's Accounting Solutions ... See MoreSee Less
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2 months ago

Leah's Accounting Solutions
It's no SHAM our client's rock! ... See MoreSee Less
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For the sake of the Irish...and in hopes of finding a rainbow with a pot of gold today, we are closing our office at 2pm. If you are planning on picking up taxes today, please do so before 2. If you are planning on dropping off and want to talk to someone, please do so by 2. If you want to drop things off after 2, or over the weekend, please remember we have a big mailbox at our fence that you can put your documents in and put the flag up so we know to check it.Happy St Patty's day! Have a wonderful fun and safe weekend! ... See MoreSee Less
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TIME IS FLYING BY AND THE COUNTDOWN IS ON……..ONLY 30 DAYS UNTIL THE 2022 TAX FILING DATE IS HERE!In true Leah’s Accounting Solutions fashion, we are recognizing April 15th, 2023, as the tax deadline even though the Federal deadline is April 18th, 2023.Come by and see the new office and Drop off your Tax Documents so we can get you filed. ... See MoreSee Less
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*** Worry Free Wednesday ***A new law expanding the 1099-K reporting rules could be eased by Congress. Starting in 2023, third-party payment settlement networks (such as Venmo and PayPal) must send 1099-Ks to payees who are paid over $600 a year for goods and services. This reporting threshold is much lower than in prior years, when settlement agents had to send a 1099-K to payees who were paid more than $20,000 and who had over 200 transactions. It does not apply to friends-and-family payments. So if you’re receiving payments from friends or family using cash payment apps, make sure the payee correctly designates the payment on the app as a non-business-related transaction. If you have any questions or would like more information, call our office at 208-245-5204 or 208-245-0930, or message us on Facebook. ... See MoreSee Less
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Amazing company offering employment! Spread the word!Brady 3B Construction is seeking hard-working and reliable Construction workers. Experience isn't essential, and we are willing to train a fast learner.To be successful in this position you must be able to work as part of a team, enjoy working outdoors, and be able to perform strenuous physical tasks.If you're interested in being part of our team, give Jonathan a call today! 208-816-6334 ... See MoreSee Less
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*** Tax Tip Tuesday ***How much do you know about lifetime estates and gift tax exemptions? Let's learn a bit more!The lifetime estate and gift tax exemption for 2022 deaths is $12,060,000…$24,120,000 for couples if portability is elected by filing an estate tax return after the death of the first-to-die spouse, even if Form 706 isn’t otherwise required. It is slated to fall back to $5 million, adjusted for inflation, after 2025. Most tax-free gifts you make now won’t trigger post-2025 estate taxes, per final regulations issued in 2019. But not all gifts would qualify. Under recently proposed regulations, completed gifts that are later included in the descendant’s gross estate at death would be subject to the exclusion amount in effect in the year of the donor’s death. Implicated strategies include grantor retained income trusts and transactions involving promissory notes.If you have any questions or would like more information, call our office at 208-245-5204 or 208-245-0930, or message us on Facebook. ... See MoreSee Less
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We Make One AWESOME TEAM... Thank you Ladies for all you do. ... See MoreSee Less
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For any of my peeps out there that might be interested! What a great opportunity!We are excited to share that Young Living St. Maries Lavender Farm and Distillery will be hosting their first St Maries Lavender Day on July 22, 2023! If you’re interested in being a vendor, please reach out to Cody or Sarah. Their contact information is in the image. ... See MoreSee Less
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*** Worry Free Wednesday ***The Treasury Department promises a vastly improved 2023 tax filing season. Most taxpayers will be able to reach a live person on IRS's toll-free lines. Treasury Secretary Janet Yellen says IRS is committing to an 85% level of service, up from 15% in this year's filing season, and vows that average phone wait times will be cut in half from 30 minutes to 15 minutes. 5,000 additional operators were hired for the 2023 filing season to help taxpayers with their questions. IRS is also working on adding callback technology to most of its phone lines.All Taxpayer Assistance Centers will be fully staffed for in-person service. The IRS will start using scanning technology on paper-filed returns, thus reducing the wait time for paper filers to receive any refunds that they are due. And it will expand the ability of taxpayers to digitally respond to IRS notices.If you have any questions or would like more information, call our office at 208-245-5204 or 208-245-0930, or message us on Facebook. ... See MoreSee Less
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3 months ago

Leah's Accounting Solutions
ANNOUNCMENT ………. ANNOUNCMENT Debbie has been promoted from Office Clerk to BookkeeperWooHoo, Way to go Debbie!!! (I knew you could do it) Your continued trust in Leah’s Accounting Solutions, PC and Our Team has allowed us to grow and serve our Community in ways Leah never could have imagined. Some of you may have noticed that she has a new email address bookkeeper@leahsacct.com. Please update your contact info for her as she is slowly migration away from the current email of office@leahsacct.com.Next time you’re in the office, feel free to grab one of her business cards… fresh off the press! ... See MoreSee Less
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Sometimes our office takes a little paws for our mascots! ... See MoreSee Less
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Do you love numbers as much as we do? 🥰Probably not! 🤣Let us help you get through tax season smoothly! 💲Enjoy today with those you love! 😍Happy Valentine's Day!! 💝 ... See MoreSee Less
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Love everything this program offers to this community. Here’s another amazing upcoming event…with all the loss we have been having, I’m sure someone will benefit from this. ... See MoreSee Less
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*** Tax Tip Tuesday ***Filing a tax return for someone who has passed away?Here are some tips:*The returns should be signed by the executor or other representative and, if the descendant was married, the surviving spouse.*If filing a paper return, write the word "deceased" and the descendant's name and date of death at the top.*A court-appointed representative must attach a copy of the court document showing the appointment. Non-court-appointed representatives submit Form 1310 with the 1040 if seeking a refund.*Surviving spouses do not need to file the 1310; if there is no representative, the surviving spouse would just sign his or her name and write "filing as surviving spouse" in the descendant's signature box.*A surviving spouse can use either married filing jointly or separately as the filing status for the year of the descendant's final federal income tax return.*And don't forget the qualifying widow or widower filing status. This lets surviving spouses with dependent children use the income tax brackets and standard deductions for joint filers for two years after the descendant's death.If you have any questions or would like more information, call our office at 208-245-5204 or 208-245-0930, or message us on Facebook. ... See MoreSee Less
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Dropping off your taxes.... Remember, our office has moved downstairs. Please enter through the doors under the deck. Feel free to park up top by the old building and walk down, long the tree line, or straight in. Be mindful of people coming and going, so no blocking the driveway. ... See MoreSee Less
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*** Worry Free Wednesday ***Retirees: File Form 24 to protect against tax identity theft.People who are 65 and older are more likely to be victims of tax identity theft because fraudsters know that many retirees don't make enough money to file income taxes. The fraudsters will file a fake income tax return with a retiree's personal information to try and get a refund.Retirees can prevent tax identity theft by filing Idaho's Form 24 as soon as possible. The Grocery Credit Refund is a yearly refund of $120/person for some of the sales tax you pay on groceries. Our office can and will file a Form 24 for people who qualify, with no charge. Contact us for an appointment. 208-245-0930 or 208-245-5204 ... See MoreSee Less
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*** Tax Tip Tuesday ***Don't miss this deadline coming up! Calendar-year partnership and S corporation returns are due March 15 unless these entities seek an extension of the deadline by filing Form 7004. Late return filers face a stiff fine: $210 for each month late, up to a maximum of 12 months, multiplied by the number of partners or shareholders in the firm.If you have any questions or would like more information, call our office at 208-245-5204 or 208-245-0930, or message us on Facebook. ... See MoreSee Less
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Leah's Accounting Solutions's cover photo ... See MoreSee Less
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4 months ago

Leah's Accounting Solutions
Leah's Accounting Solutions's cover photo ... See MoreSee Less
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4 months ago

Leah's Accounting Solutions
Leah's Accounting Solutions ... See MoreSee Less
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*** Tax Tip Tuesday ***Leasing a vehicle to use in your business is more expensive tax-wise in the coming years. If a car that is worth more than $56,000 is first leased for business during the year, the lessee must pay income tax each year on an amount spelled out in IRS tables. For example, on a three-year lease for a $75,000 car with a lease term starting in 2022, the income inclusion is $24 in 2022, $51 in 2023, and $77 in 2024 (Rev. Proc. 2022-17 - www.irs.gov/pub/irs-drop/rp-22-17.pdf). Note that you don’t add the amounts to your income when filling out your tax return. Instead, you reduce the size of your deduction for the lease payments on the vehicle.If you have any questions or would like more information, call our office at 208-245-5204 or 208-245-0930, or message us on Facebook. ... See MoreSee Less
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Our office will be closed this morning until about 11:00 am due to an off-site meeting. We will be back open from about 11:00 am until 5:00 pm.If you need to drop anything off, feel free to do so in the big mailbox by the gate and sign. ... See MoreSee Less
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*** Worry Free Wednesday ***Here’s a reminder on the tax treatment of damage or settlement awards: Proceeds received for physical injuries or physical illness are tax-free. On audit, IRS agents will look at the court petition, complaint or claim that was filed, showing the original grounds for the lawsuit. They’ll review the settlement agreement to see how the document characterizes the amounts paid and received by the parties. Damages received for emotional distress are taxable…with two exceptions. Amounts paid for mental anguish that arises from physical injuries are tax-free. The same goes for reimbursements for medical treatment of emotional trauma.If you have any questions or would like more information, call our office at 208-245-5204 or 208-245-0930, or message us on Facebook. ... See MoreSee Less
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5 months ago

Leah's Accounting Solutions
Are You Ready? We Are!The IRS has set Monday, January 23, 2023, as the official start to the 2023 tax filing season for individual returns.You should be receiving your Tax Organizers any day ....... Give us a call to set up your appointment, or feel free to drop off your documents. We are here from 8am to 5pm, Monday - Friday208-245-0930 or 208-245-5204 ... See MoreSee Less
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*** Tax Tip ***The IRS will begin accepting business returns via e-file tomorrow, Thursday, January 12, 2023.The IRS has yet to announce an official start date for Individual returns; however, we can transmit approved return types and they will be held in the queue until the IRS begins accepting them.If you have any questions or would like more information, call our office at 208-245-5204 or 208-245-0930, or message us on Facebook. ... See MoreSee Less
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*** Worry Free Wednesday ***Great news! IRS won’t refer tax debts of low-income individuals to private collectors. Taxpayers who receive Supplemental Security Income (SSI) are now excluded from the agency’s policy of turning over inactive tax receivables to private collectors. Any private collection referrals that have already been made will be recalled.If you have any questions or would like more information, call our office at 208-245-5204 or 208-245-0930, or message us on Facebook. ... See MoreSee Less
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***Worry Free Wednesday***The Internal Revenue Service issued the 2023 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical, or moving purposes.Beginning on Jan. 1, 2023, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be: • 65.5 cents per mile driven for business use, up 3 cents from the midyear increase setting the rate for the second half of 2022. • 22 cents per mile driven for medical or moving purposes for qualified active-duty members of the Armed Forces, consistent with the increased midyear rate set for the second half of 2022. • 14 cents per mile driven in service of charitable organizations; the rate is set by statute and remains unchanged from 2022. If you have any questions or would like more information, call our office at 208-245-5204 or 208-245-0930, or message us on Facebook. ... See MoreSee Less
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Happy New Year!We hope that your 2023 is full of happiness, adventure, and gratitude for all the things that truly matter in life!Learn from yesterday,Live for today,Hope for tomorrow.Reminder: Our office is closed tomorrow, Monday, January 2nd. We will be back in the office during our regular hours on Tuesday, January 3rd! ... See MoreSee Less
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Happy New Year's Eve Eve! 🥳Our office is closed Friday, December 30th and Monday, January 2nd to spend time with our families. Enjoy ringing in the new year, and don't have too much fun! ...is that even possible?!? 😜 ... See MoreSee Less
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Happy New Year's Eve Eve! 🥳Our office is closed Friday, December 30th and Monday, January 2nd to spend time with our families. Enjoy ringing in the new year, and don't have too much fun! ...is that even possible?!? 😜 ... See MoreSee Less
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*** Worry Free Wednesday ***How cool is this!?! The IRS now has more ways to communicate with taxpayers. It has a Spanish version of Forms 1040 and 1040-SR. The forms, schedules, and instructions are all in Spanish and can be printed from the IRS’s website. Also, 1040 and 1040-SR filers can attach Schedule LEP to their returns to indicate whether they wish to receive written communications from the IRS in a language other than English. There are 20 languages to choose from.Many of its most popular publications come in multiple languages. Ditto for its website, where 90 of the top IRS web pages are in multiple languages. There are also versions for braille readers and for people wanting large type. ... See MoreSee Less
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Due to the freezing temperatures and ice on the roadways, including our driveway, the office will be closed tomorrow, Tuesday, December 27th, and we will be working remotely.Stay safe out there! ... See MoreSee Less
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Due to the freezing temperatures and ice on the roadways, including our driveway, the office will be closed tomorrow, Tuesday, December 27th, and we will be working remotely.Stay safe out there! ... See MoreSee Less
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Merry Christmas from our family to yours! Life is a gift, and we are grateful for each and every one of you! 💝 ... See MoreSee Less
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Happy Christmas week!We hope that you are enjoying the holiday and keeping track of those receipts! 🤣Our office will be closed Friday, December 23 and Monday, December 26 to enjoy the holidays with our families! ... See MoreSee Less
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*** Worry Free Wednesday ***Working on your estate and gift-giving plans? You might be thinking of using a GRAT…Grantor Retained Annuity Trust. If done right, a GRAT can freeze the value of appreciated assets while transferring appreciation to the next generation with little to no estate or gift tax. The individual who establishes the trust, known as the grantor, transfers assets into an irrevocable trust for a set term, while retaining the right to an annual stream of income plus interest based on IRS’s applicable federal rate. At the end of the term, the assets are distributed to whomever the grantor named as the trust’s creation.If you have any questions or would like more information, call our office at 208-245-5204 or message us on Facebook. ... See MoreSee Less
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Reminder: We will have intermittent winter hours that will likely change daily! Due to winter weather and our driveway, plus potential power outages, internet outages, illness, and other appointments that may pull us away from the office, we will do our best to be in the office during our regular business hours.Stopping by the office without a scheduled appointment is discouraged during these months of winter weather. Please call ahead to make sure we are here and available to help you! We can be reached at either 208-245-0930 or 208-245-5204.You are also more than welcome to message us here on Facebook or send us an email at either landerson@leahsacct.com, wbaskin@leahsacct.com, or office@leahsacct.com. We will get back to you as soon as we can! ... See MoreSee Less
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Our office will be closed for training tomorrow, Thursday, December 15th. We will be back open on Friday, December 16th during normal hours: 8:00am-12:00pm. ... See MoreSee Less
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*** Worry Free Wednesday ***Who is excited for tax season coming up? 🤣Did you know you can file for free and use direct deposit? Taxpayers whose income is $73,000 or less can file their federal tax returns electronically for free through the IRS Free File Program. That being said, of course we would love to give you a hand with your taxes, especially if you are having trouble an any way with preparing your return! 😂We too can file your return electronically, and have it direct deposited into your financial account. This is the fastest way for you to receive your tax refund. Fun fact: refunds can be directly deposited into bank accounts, prepaid debit cards, or mobile apps as long as a routing and account number is provided.If you have any questions or would like more information, call our office at 208-245-5204 or message us on Facebook. ... See MoreSee Less
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Join us this weekend for a book signing with local fantasy author Amy Rose Davis. She'll be with us from 1-3 p.m. on Saturday, December 10 signing copies of the first three installments of her five-book series, The Taurin Chronicles.And, hey, if you have a second to stop by before Saturday to pick up a copy or two, you should. These books are REALLY good. ... See MoreSee Less
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If you like fantasy books, plan on stopping in this weekend at The Paperhouse and pick up a signed copy!Join us this weekend for a book signing with local fantasy author Amy Rose Davis. She'll be with us from 1-3 p.m. on Saturday, December 10 signing copies of the first three installments of her five-book series, The Taurin Chronicles.And, hey, if you have a second to stop by before Saturday to pick up a copy or two, you should. These books are REALLY good. ... See MoreSee Less
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*** Worry Free Wednesday ***Businesses can save lots on taxes with first-year 100% bonus depreciation. Firms can deduct the full cost of new and used qualifying business assets, with lives of 20 years or less, that they buy and place in service during the year. The cost of a qualified film, television, or live theatrical production is eligible too. Purchase and place assets in service this year if you want the full tax break. Bonus depreciation isn’t as valuable after 2022. Unless Congress acts, the 100% write-off phases out 20% for each year after 2022, before expiring in 2027. If you have any questions or would like more information, call our office at 208-245-5204 or message us on Facebook. ... See MoreSee Less
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With tax season coming up, many of our clients start texting pictures of documents. Did you know that you can use your iPhone to create a PDF document of multiple pages? Follow these steps: -Go to the Notes app on your iPhone.-Tap the New Note icon in the bottom right corner.-Tap on the camera icon and then on "Scan Documents".-Hit the Save button in the bottom right corner and this will save it to your notes.When you're ready to send it off:-Click on the document.-Tap on the Export icon in the top right corner.You can also sign your document:-Right before you pick where to send it off to; scroll down on the menu.-Tap Markup. Use that tool to sign your document.If you have any questions or would like more information, call our office at 208-245-5204 or message us on Facebook. ... See MoreSee Less
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As we look out on this beautiful snowfall today, it reminds us that we will have intermittent winter hours that will likely change daily! Between potential power outages, internet outages, illness, and other appointments that may pull us away from the office, we will do our best to be in the office during our regular business hours.However, if you plan on stopping by the office without a scheduled appointment during the month of December, please call ahead to make sure we are here and available to help you! We can be reached at either 208-245-0930 or 208-245-5204.You are also more than welcome to message us here on Facebook or send us an email at either landerson@leahsacct.com, wbaskin@leahsacct.com, or office@leahsacct.com. ... See MoreSee Less
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Never Alone Never Again. For those who struggle, you are not alone, we see you. 💚 ... See MoreSee Less
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From our family to yours, have a Happy Thanksgiving!We are thankful for all of our clients and friends!In observance of the Thanksgiving holiday, our office is closed today and tomorrow. Enjoy time with family and friends! What are you most grateful for? ... See MoreSee Less
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From our family to yours, have a Happy Thanksgiving!We are thankful for all of our clients and friends!In observance of the Thanksgiving holiday, our office is closed today and tomorrow. Enjoy time with family and friends! What are you most grateful for? ... See MoreSee Less
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*** Worry Free Wednesday ***Many of us are trying to make healthier choices – despite the food laden holidays! So that begs the question, “Is the cost of health and wellness coaching a deductible medical expense?” Maybe. It depends on the facts and circumstances. Under the general rules, to qualify as a medical deduction, an expense must be incurred primarily to alleviate or prevent a physical or mental disability or illness. According to IRS, taxpayers should use objective factors in figuring whether an expense that is typically personal in nature, such as health and wellness coaching, is incurred for medical care. Among the factors IRS says to consider: Whether the cost of the coaching is for diagnosing, treating, mitigating, preventing, or alleviating the taxpayer’s disease, as opposed to being merely beneficial to one’s general health. Whether the cost would not have been incurred but for the taxpayer’s medical condition. Also important are whether there is a doctor’s recommendation and the effectiveness of the coaching.If you have any questions or would like more information, call our office at 208-245-5204 or message us on Facebook. ... See MoreSee Less
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*** Worry Free Wednesday ***Did you know that small businesses have flexibility in choosing how often to file payroll tax returns?If you have a new business and expect your yearly federal employment taxes…Social Security taxes, Medicare taxes, and withheld federal income taxes…to be $1,000 or less, then you can select the option to file an annual Form 944 when you apply for an employer identification number (EIN). Those who don’t check the box for annual filing will be required to submit the 941 quarterly payroll tax returns.Existing businesses that now file the 941 but meet the 944 eligibility rules can call IRS to request to file the 944. Employers that have previously filed 944s but now have more than $1,000 in employment taxes must still file the 944 unless they get written permission from the IRS to switch to quarterly 941 filing.If you have any questions or would like more information, call our office at 208-245-5204 or message us on Facebook. ... See MoreSee Less
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Closing at 12:30 today, 11-15-22Back to regular business hours tomorrow (11-16-22)Sorry for the inconvenience. ... See MoreSee Less
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Closing at Noon today, 11-14-22. Back to regular business hours tomorrow. Sorry for the inconvenience. ... See MoreSee Less
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Thank you to all who have served our country. We will never forget #911 ... See MoreSee Less
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*** Worry Free Wednesday ***More workers’ families will soon be able to qualify for the premium tax credit. People who are offered affordable health insurance through their employer can’t get subsidies or the premium credit when buying coverage through an exchange. Employer coverage is treated as affordable if the employee’s share of annual premiums for self-only coverage under the plan doesn’t exceed 9.61% of household income. Currently, this same self-only coverage test also applies in determining affordability for the employee’s spouse and children. Proposed regulations to change that rule would base affordability for family members on the employee’s share of the cost of family coverage under the employer’s plan. Note that affordability for the employee would still be based on the cost of self-only coverage.If you have any questions or would like more information, call our office at 208-245-5204 or message us on Facebook. ... See MoreSee Less
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Great reminder any time of year, but even more important as we are ever more careful with our winter driving conditions!Don't ignore these signs! Get your brakes checked by the Jim's Auto Tire Pros team today! ... See MoreSee Less
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Our Office is currently closed due to Mother Nature…. No power No internetBe Safe Out There ... See MoreSee Less
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😶‍🌫️🥶🤪😂 ... See MoreSee Less
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We have had some inquires about how Leah is doing after her back surgery and wanted to give you an update. Leah hasn’t had her surgery yet, it was scheduled on October 21st, 26th, and November 3rd. It has been rescheduled yet again, this time to November 16th. In the meantime Leah will be in and out of the office, working only part time as being in her chair all day gets uncomfortable for her. If you need an appointment, please contact the office, we are scheduling a few appointments with her. Thank you for your continued support! Wendy and Debbie are in the office and can assist with most issues that come up. ... See MoreSee Less
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We know numbers can be scary...But yes, we are open during our regular hours on Halloween!Have a safe time out and about tonight with your kiddos! ... See MoreSee Less
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New hours at Luong China Cafe starting next week!Please note our winter hours for China Cafe ... See MoreSee Less
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*** Worry Free Wednesday ***Have you ever heard of a reverse mortgage? A reverse mortgage is a mortgage loan, usually secured by a residential property, that enables the borrower to access the unencumbered value of the property. The loans are typically promoted to older homeowners and typically do not require monthly mortgage payments.Now you may ask, “I want to secure a reverse mortgage on my home. Will I have to pay tax on the money I get?” No. The payments you get from a reverse mortgage are treated as nontaxable loan proceeds, not income. Also, you can’t deduct the interest you eventually pay because you’re not using the proceeds to buy, build, or substantially improve the home securing the loan.If you have any questions, call our office at 208-245-5204 or message us on Facebook. ... See MoreSee Less
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*** Worry Free Wednesday ***The swap of a life insurance contract for a long-term-care policy isn’t taxed. It’s treated as a tax-free exchange. Ditto for the swap of an annuity contract for a long-term-care policy. In addition, long-term-care insurance can be offered as part of an annuity contract, and no tax is due if the insurance premiums are paid with the annuity’s cash value. Furthermore, the cash value in life insurance policies and annuities can be used free of tax to purchase long-term-care coverage.You may ask, "What is an annuity?" An annuity is a financial product that pays out a fixed stream of payments to an individual, primarily used as an income stream for retirees.If you have any questions, call our office at 208-245-5204 or message us on Facebook. ... See MoreSee Less
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Doolittle's Delish sure does look delicious! Go check out the newest food truck in town! Find the red truck on Homer Drive near Harvest Foods from 5am-2pm Mon-Fri!If you've been there, what is your favorite? Or what did you pick for your first try?If you haven't been there yet, what are you excited to try? ... See MoreSee Less
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Fun stuff planned for the kids on Halloween!We love to see the community pulling together for events like these! Donate some candy at Harvest Foods or Archie's IGA, and set up your trunk on Halloween either between 6th and 9th street on Main Street or on 7th Street between Center and College.For questions about participating, please contact Stacey at the Elks (208-245-1418) or Aaron with the St. Maries Chamber of Commerce (208-245-3563).Halloween 🎃 is three weeks away! The Elks Lodge 1418 St. Maries, Idaho and the St. Maries Chamber of Commerce, SMHS are all working together to make this year the biggest Trunk or Treat yet! Thank you to Archie's IGA and St Maries Harvest Foods for accepting candy donations for this event! We can't wait to participate and see you all! 🧟😈 👻 For questions about participating, please contact Stacey at the Elks (208-245-1418) or Aaron with the St. Maries Chamber of Commerce (208-245-3563) ... See MoreSee Less
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