365体育在投注网站

  • Firm Updates

    Call Us: (508)790-2727


    Crabtree CPA & Associates offers full service payroll for over 15 years. Paycheck processing, payroll reports, online reporting and payments, child support withholding, payments and deductions, filing of quaterlys, setup/payment of Simple IRA, New Employee Setup, New Hire Reporting, Unemployment, Workmans Comp, W2's and 1099's, Retirement Plan Administration, State Witholding Tax, State Unemployment Tax, State withholding tax for any state in US and other customized features for your business. Call today for free consultation and the best rates anywhere. We are generally 30% cheaper than the large payroll processors and  provide much better service. Call today 508-790-2727


    Crabtree CPA & Associates now offers small business consulting.


    Crabtree CPA & Associates now has 8 Quickbook Proadvisors!

     Crabtree CPA & Associates adds new virtual server option to save all our clients money and provide better security.


    Crabtree CPA & Associates attends The Sleeter Group Accounting Solutions Conference in Las Vegas

    The conference covered the latest in Quickbooks training and Quickbooks Support. It showcased industry experts including accountants, bookkeepers, consultants, and IT professionals. 

    Topics covered included the latest in tax preparation, payroll processing, practice management and accounting solutions. 


     

    Ten Tips for Taxpayers Making Charitable Donations 

    Did you make a donation to a charity this year? If so, you may be able to take a deduction for it on your 2010 tax return.

    Here are the top 10 things the IRS wants every taxpayer to know before deducting charitable donations.

    Charitable contributions must be made to qualified organizations to be deductible. You can ask any organization whether it is a qualified organization and most will be able to tell you. You can also check IRS Publication 78, Cumulative List of Organizations, which lists most qualified organizations.

    Charitable contributions are deductible only if you itemize deductions using Form 1040, Schedule A.

    You generally can deduct your cash contributions and the fair market value of most property you donate to a qualified organization. Special rules apply to several types of donated property, including clothing or household items, cars and boats.

    If your contribution entitles you to receive merchandise, goods, or services in return such as admission to a charity banquet or sporting event you can deduct only the amount that exceeds the fair market value of the benefit received.

    Be sure to keep good records of any contribution you make, regardless of the amount. For any contribution made in cash, you must maintain a record of the contribution such as a bank record including a canceled check or a bank or credit card statement a written record from the charity containing the date and amount of the contribution and the name of the organization, or a payroll deduction record.

    Only contributions actually made during the tax year are deductible. For example, if you pledged $500 in September but paid the charity only $200 by Dec. 31, your deduction would be $200.

    Include credit card charges and payments by check in the year they are given to the charity, even though you may not pay the credit card bill or have your bank account debited until the next year.

    For any contribution of $250 or more, you must have written acknowledgment from the organization to substantiate your donation. This written proof must include the amount of cash and a description and good faith estimate of value of any property you contributed, and whether the organization provided any goods or services in exchange for the gift.

    To deduct charitable contributions of items valued at $500 or more you must complete a Form 8283, Non cash Charitable Contributions, and attached the form to your return.

    An appraisal generally must be obtained if you claim a deduction for a contribution of non cash property worth more than $5,000. In that case, you must also fill out Section B of Form 8283 and attach the form to your return.

     

    Crabtree CPA & Associates Tax Staff attends 2010 IRS National Tax Forum in NYC


    Douglas R Crabtree CPA , CITP MST and Evelyn Eidem CPA of Crabtree CPA & Associates, Hyannis, Ma. Recently attended the 2010 IRS National Tax Forum in New York City.  The forum offered:

    • More than 40 seminars and workshops
    • 18 continuing professional education credits
    • The latest IRS e-Services products
    • The Practitioner Case Resolution Room
    • The latest tax professional products and services
    • Information about upcoming new registration, testing, and e-file requirements for return preparers

    The 2010 Massachusetts Sales Tax Holiday Weekend


    A recently enacted statute provides for a Massachusetts “sales tax holiday weekend,” i.e., two consecutive days during which most purchases made by individuals for personal use will not be subject to Massachusetts sales or use taxes.  St. 2010, c. 240 (“the Act”).  The Act provides that the sales tax holiday will occur on August 14 and 15, 2010 and on those days, non-business sales at retail of single items of tangible personal property costing $2,500 or less are exempt from sales and use taxes, subject to certain exclusions.  The following do not qualify for the sales tax holiday exemption and remain subject to tax: all motor vehicles, motorboats, meals, telecommunications services, gas, steam, electricity, tobacco products and any single item whose price is in excess of $2,500.  The Act charges the Commissioner of Revenue with issuing instructions or forms and rules and regulations necessary to carry out the purposes of the Act.

    If you have any questions regarding the sales tax holiday please contact your accountant at Crabtree CPA & Associates.  You also can find further details regarding the Sales Tax Holiday by clicking on the following link:  http://revenue.blog.state.ma.us/

    Quickbooks Clients

    To temporarily turn off the sales tax collection feature of Quickbooks please follow the directions below.

     Open the sales tax preferences.

    Go to the Edit menu and click Preferences.

    In the Preferences window, click Sales Tax in the list on the left.

    Click the Company Preferences tab.

     For the question Do you charge sales tax?  Select No.

    Remember this is only temporary and should be changed back to “Yes” before any business is conducted on August 16th.


    Massachusetts Sales and Meals Tax rate
     
    The Massachusetts Sales and Meals Tax rate increased from 5% to 6.25% effective August 1, 2009. 
     
    Please visit the MA DOR website for a detailed description on how this affects you.
     
    Our business clients need to update their bookkeeping programs to collect and remit the proper amount.
     
    For our QuickBooks Clients:
     
    While you could simply overwrite the rate on your sales tax item to 6.25% on August 1, please consider the following warning from the QuickBooks Help Index:
     
    “Note: If the sales tax rate for an existing item changes, do not change the rate. Instead, create a new sales tax item with the new rate, and make the old sales tax item inactive. If you change an existing rate, it will impact reports and transactions that occurred prior to the rate change.”
     
    To do this task
    1. Go to the Lists menu and click Item List.
    2. In the Item list, double-click the sales tax item you need to change.
    3. In the Edit Item window, change the Sales Tax Name to “MA Tax 5%”
    4. Click the Item is inactive checkbox.
    5. Click OK.
    6. Next, Create a New Sales Tax Item.   Go to Lists, Item List, New Item.
    1. Loading, please wait.
    7. From the Type drop-down list, click Sales Tax Item.
    8. Enter a sales tax name, MA Tax 6.25%
    9. Enter a description for the way this sales tax item will appear as a line item on your sales forms.
    10. Enter the sales tax rate of 6.25%.
    11. From the Tax Agency drop-down list, choose the vendor you’ve set up for paying the Commonwealth of Mass or Mass DOR.
    12. Click OK.
    13. Finally, go to Edit, Preferences, Company Preferences, Sales Tax.  Change “Your most common sales tax item” drop-down to the new Sales Tax Item of 6.25% that you just set up.
     
    For our CBS Clients:
     
    1. Go to Setup
    2. Click Sales Tax
    3. Change rate from .0500 to .0625
    4. Click OK
     
    For our MYOB Clients:
     
    1. Go to List
    2. Click on Tax Code List
    3. Select the Tax Code
    4. Edit the Tax Code – bring up the Tax Code Information and change the rate from 5% to 6.25%
    5. Close when done

     

     


     
    Money Saving Tips for our QuickBooks Clients!

    In today’s economy, what could be better than saving a little money?

    For those of you who currently use QuickBooks, we suggest that you take the time to really learn your QuickBooks! Using this training link, you can efficiently, accurately and with confidence, customize your business. Save time and maximize your efficiency by learning to use all of the features QuickBooks has to offer. Make sure your financial information is a valuable asset to you! The more you can accurately accomplish in QuickBooks, the less we have to do: saving you money!

    If you have questions or need assistance, please do not hesitate to contact us, as we are here to help!

    QuickBooks Training Link Instructions:

    Click on Link above

    Click on 'Pro'

    Click 'Skip Intro'

    You can then click through each topic and the program will lead you through the topic you wish to learn.
    Cape Cod Quick Books Pro Advisors
     

     
    The Engagement Letter

    A Quick Guide to Crabtree CPA's Engagement Letter Crabtree CPA & Associates prepares and mails engagement letters to all accounting clients - whether they are on a fixed fee retainer or a non-fixed fee retainer.

    The client should be reviewing the engagements letters and should also sign and return the last page to the accountant assigned to them. The importance of an engagement letter is that it outlines the services that we will provide and the fee associated with those services.  It also identifies what the client is responsible such as management decisions and functions and for designating a competent employee to oversee the services we provide.
    If you have not signed and returned the last page to your staff accountant - you will be getting a reminder email or phone call.On our website please go to Our Services - The nature of our services and fees for more information.  If you need more clarification about your engagement letter, please contact your staff accountant.  It is important for you to understand the services that we will provide along with the fees that we charge.
     


    Congratulations Becky Crabtree! 
    Rebecca Crabtree of Crabtree CPA & Associates has successfully completed all parts of the uniform Certified Public Accountant exam. In addition, she has received her Master of Science in Taxation and Master Personal Financial Planner Certification, with distinctions from Bentley University. She previously graduated Magna Cum Laude from Bentley University with BS in Accounting .Crabtree Certified Public Accountant's wishes her congratulations and best of luck as she continues her professional career with Price, Waterhouse, Cooper in Boston, MA. Crabtree CPA is a local full service Cape Cod CPA firm providing accounting, bookkeeping, tax and technology services to its clients  

     

    Crabtree CPA & Associates staff obtains 2009 Quick Books Pro Advisor Satus

     

    Crabtree CPA & Associates staff obtains 2009 Quick books Pro Advisor Status.
     
    ( Hyannis, MA  7/5/09) Douglas R Crabtree CPA. CITP MST, Nancy Boudreau CPA (Accounting and Tax Manager), Peggy Cirullo CPA (Accounting Manager), Jeff Crabtree CPB( Senior Accountant), and Douglas Crabtree Jr. ( Firm Administrator) have all recently been awarded Quick Books Pro Advisor status as a result of passing the three part exam. "
    Obtaining the QB Pro Advisor status demonstrates our firm's expertise in Quick books and keeps us up to date with the many new and improved features in Quick Books 2009" says Doug Crabtree. Crabtree CPA & Associates, located in Hyannis, Ma is a full service Accounting firm and a certified Quickbooks Pro Advisor/ Affiliate that specializes in serving small business and individual clients.
     

     

     

  • 王者竞猜

    狗博集团首页娱ov乐

    下载app送彩金网站

    腾博会诚信

    缅甸维加斯国际

    亚洲城娱乐ca88试玩

    威尼斯赌博游戏官网

    信发的彩的登陆

    必威体育手机