Most Recent Accounting Newsletters

10

Jan

News, Newsletter, Team

Team member spotlight: Josie

Today we want to introduce Josie, a Tax and Accounting Specialist, that has rejoined our team! Josie is a licensed CPA and will be helping our clients with accounting and taxes. Why did you decide to become an accountant? I was always good at math growing up, and I enjoy when things are digitally organized. A long time ago when I was working in my first professional field (electronics), I approached the payroll department to talk about an issue with my paycheck. They fixed the issue, but I was left with this intense lingering envy. That’s when I knew! When…

Team member spotlight: Nicole Piele, EA

Today we want to introduce Nicole Piele, a Tax and Accounting Specialist, that has joined our team. Nicole is an Enrolled Agent and will be helping our clients with accounting and taxes. Why did you decide to become an accountant? I am a science and numbers person and accounting allowed me to use the organization and math needed in both those fields in one career. I love the challenges that come from digging into the imbalances and the success in figuring out why. When were you hired for TL;DR? I was hired in October of 2020. What made you decide…

What are Self-Employment(SE) Taxes?

https://youtu.be/StEiHsOdknM What Are Self-Employment (SE) Taxes? For the sake of argument, let’s say you’re an employee. Since 1990, 7.65% of your paycheck has been sucked into the government’s coffers before you even saw it. Your employer has been doing the exact same amount in tandem by paying 7.65% of your paycheck to the government in payroll taxes for each of their employees. By now you’ve probably done the math: 15.3% of every employee’s paycheck goes to the government right away (up to the annual Social Security cap at least, which in 2019 is $132,900). If you want to get technical,…