March 24, 2020

Meridian Kuna Boise Payroll Taxes

Income Tax

Gov. Brad Little on Monday extended the deadline for Idahoans to file their state income tax returns and to apply for property-tax relief.  The deadline is now June 15, two months past the normal April 15 deadline. Tax returns filed by June 15 will have no in...

March 23, 2020

Meridian Kuna Boise Payroll Taxes

The Treasury Department and IRS announced (Notice 2020-18) that the federal income tax filing due date is automatically extended from April 15, 2020, to July 15, 2020.

Taxpayers can also defer federal income tax payments due on April 15, 2020, to July 15, 2020, without...

March 2, 2020

Meridian Kuna Boise Payroll Taxes

Did you know the IRS has a withholding Calculator?

Go to

Before You Begin

 Gather the most recent pay statements for yourself, and if you are married, for your spouse too.
 Gather information for other sources of income...

October 22, 2019

Meridian Kuna Boise Payroll Taxes

Accountable Plans
Many employees incur job related expenses such as mileage, travel, entertainment, dues, licenses, supplies, office equipment, etc. An employee whose employer requires the employee to provide for and pay for such expenses essentially makes the employ...

August 22, 2019

Meridian Kuna Boise Payroll Taxes

Business expenses are the cost of carrying on a trade or business. These expenses are usually deductible if the business operates to make a profit.

  • What Can I Deduct?

  • Cost of Goods Sold

  • Capital Expenses

  • Personal versus Business Expenses

  • Business...

August 5, 2019

It’s important to revisit your tax withholding, especially if major changes from the Tax Cuts and Jobs Act affected the size of your refund this year.  Even if you did a Paycheck Checkup last year, you should do it again to account for differences from TCJA or life cha...

September 29, 2017

Meridian Kuna Boise Payroll Taxes

Period of Limitations that apply to income tax returns the length of time you should keep a document depends on the action, expense, or event which the document records. Generally, you must keep your records that support an item of income, deduction or credit shown on...

August 9, 2017

Many businesses—small and large alike—are turning to external payroll services. Not only does outsourcing the burden of paying employees an managing payroll taxes alleviate a huge hassle, but it is also a wise business decision. It’s no surprise that payroll is often t...

July 7, 2017

  • TurboTax is limited in ensuring that you don't miss out on important deductions and credits that can lead to huge tax savings. Without knowing the implications of your answers to all of the software's questions, you may be unknowingly making costly mistakes. Your C...

June 9, 2017

Your QuickBooks Might Need Rescued IF...

  • You have account balances or financial statements that don’t make sense.

  • Your CPA or tax preparer says your file needs to be cleaned up before they can do your taxes, and you don’t know what to do.

  • Your file runs sl...

February 12, 2015

Scam Phone Calls Continue; IRS Identifies Five Easy Ways to Spot Suspicious Calls


WASHINGTON — The Internal Revenue Service issued a consumer alert today providing taxpayers with additional tips to protect themselves from telephone scam artists calling and pretending t...

February 6, 2015

TurboTax from Intuit has turned off e-filing for state tax returns accross the US today due to concerns about rampant fraud.  This is the latest setback for TurboTax this year.  


Users have experience undisclosed price hikes.


Even more disturbing is Intuit, the ma...

February 4, 2015

Whether you’re getting ready to file your taxes, planning on taking them to your CPA, or want to organize your papers from past filings, there are a few documents that you need to have and keep handy.


Here are some of the items that you should keep with your tax return...

February 4, 2015

Personal Documents To Keep For One Year


While it’s important to keep year-end mutual fund and IRA contribution statements forever, you don’t have to save monthly and quarterly statements once the year-end statement has arrived.


Personal Documents To Keep For Three Year...

February 4, 2015

Business Documents To Keep For One Year

Correspondence with Customers and Vendors

Duplicate Deposit Slips

Purchase Orders (other than Purchasing Department copy)

Receiving Sheets


Stenographer’s Notebooks

Stockroom Withdrawal Forms


Business Documents To Keep For T...

Please reload

Featured Posts

How long to keep income tax returns and related records

September 29, 2017

Please reload

Recent Posts
Please reload

Please reload

Follow Us
  • Facebook Basic Square
  • Twitter Basic Square
  • Google+ Basic Square

Johannsen CPA is pleased to serve the Treasure Valley - Boise, Meridian, Kuna, Eagle, Star, Nampa, Caldwell, Middleton, Idaho and beyond. 

  • b-facebook
  • Twitter Round
  • b-googleplus

© 2015 Johannsen CPA