Now that Congress has closed out the year and gone home for the holidays, it is good that they were able to pass and extend many of the much needed tax breaks for taxpayers. Just to recap, check out my previous blog post “Tax Breaks Still Looming” for details of the bills that were on the table. Now that these measures have been passed, this is still a good time to add the tax breaks into your tax planning for this year. Be sure to speak with your tax advisor regarding these changes and how they may affect your tax return.
In technology news, I have been able to take a look at the new Microsoft Office Accounting Express and must say that it is quite impressive. Files from “other” small business accounting software import seamlessly into the software and the ability to merge with other Microsoft products makes it all the more easier to run your business. I can’t wait to get the Professional version of the product. To top it off, the Express version is available FREE right now. Check out my previous blog “Microsoft Office Accounting 2007 is Here” for details on how to download the Express version for free.
Those are the updates this week people. Just some ideas to get you on the right track for tax season and keep your business N synergy.
Brian N. Stovall