We have weekly Facebook Live classes

We are having Facebook Live classes every Wednesday at 10:30 AM!  These classes will cover a wide variety of topics.

 

  • QuickBooks Online
  • QuickBooks Desktop
  • Information Technology Information
  • Tax preparation tips. 
  • And more………  Suggestions are welcome!

The classes are TBD and if you have any requests. please send us an email at [email protected] or give us a call at 321-236-2771.

 

Quickbooks Online Price Change

 

Attention; important information ahead!

As of October 15, 2017, Quick Books is changing their prices for their Quick Books online plus and online essentials.  One way to avoid these price changes is to contact your local Quick Books Pro-Adviser and see what they can do for you. We here at Business Resource Partner are always willing and able to help you with any of your Quick Books needs. We are well staffed to handle all of your Quickbooks and accounting needs to allow you to continue to work for your business; instead of worrying about the money.

Deadline for Tax-Exempt Organizations is Near!

The deadline for tax-exempt organizations is coming up soon, May 15th. We received an article from the IRS regarding Tax-exempt organizations and wanted to take this opportunity to remind you of important factors to take into consideration when it comes to filing Form 990 for these organizations.

What you need to know:

1. Loss of Tax-Exempt Status: Any organizations that do not file annual reports for three straight years will lose their exempt status so it is important to always file. The 2007 Pension Protection Act requires most tax exempt organizations to file Form 990 with the exception of Churches and Church related organizations.

2. NO Personal Info!  Do not include personal information such as social security number, information about donors, clients, or benefactors. This could give rise to identity theft since these forms are often made public.

3. File Electronically Whenever Possible: This reduces the risk of including SSNs and other personal information. E-filing also makes the process smoother and quicker with the IRS receiving your information.

4. What to file? Any organizations with an average annual gross receipts of $50,000 or less will file an electronic notice Form 990-N. Organizations with more than $50,000 will file Form 990 or 990-EZ. Private organizations will file 990-PF. If you need to file a six-month extension for your organization, use Form 8868.

5. Check Tax-Exempt Status: The IRS publishes the list of organizations that have lost their tax-exempt status for failure to file for three years. Any organization that wants to have their status reinstated must pay any fees and file an application. To check a status, visit Select Check.

Our staff at Business Resource Partners is knowledgeable in all aspects of tax preparation, our Enrolled Agent is able to represent you to the IRS if needed and we are happy to help with tax preparation, filing and planning.
Call to make an appointment (321) 236-2771 or stop by our office, we look forward to serving you! 310 Almond Street Clermont, FL 34711

 

Goodbye QuickBooks 2014!

Starting on May 31st, 2017, users of QuickBooks 2014 will not have access to certain features and add-on services. This will include all versions of QuickBooks Desktop (Pro, Premier, Enterprise Solutions, Accountant Edition, and Mac). If you do not use the add-ons, your product will still work but you will not be able to subscribe to live technical support or any other intuit service.

What does this mean for you?

  1. You will need to upgrade to the latest version of QuickBooks as soon as possible if your products are being affected by this change.
  2. Access to the following will no longer be available after May 31st: Desktop Payroll Service, Live Support, Online Backup, Online Banking, etc.
  3. QuickBooks will notify affected customers in advanced by mail or e-mail. Keep an eye out for any additional information or updates that may affect you.
Below is a table provided by Quickbooks that further explains what services will be discontinued
Fully Supported Products Products & Services to be discontinued after May 31, 2017
QuickBooks Desktop Pro & Premier ’15, ’16, ’17
 QuickBooks Desktop Pro & Premier 2014
(General Business, Contractor, Manufacturing &  Wholesale, Nonprofit, Professional Services, and Retail)
QuickBooks Desktop for Mac ’16, ’15  QuickBooks Desktop for Mac 2014
QuickBooks Enterprise Solutions ’17, ’16, ’15  QuickBooks Enterprise Solutions 14
QuickBooks Desktop Accountant ’15, ’16. ’17  QuickBooks Premier Accountant Edition 2014

Image Provided by intuit QuickBooks Online Learn and Support

Business Resource Partners is updated with the latest version of QuickBooks online & Quickbooks Proadvisor for all years and versions. Our knowledgeable staff is ready to help with your QuickBooks Desktop or QuickBooks online needs. Give us a call to schedule an appointment or stop by our office! (321) 236-2771
310 Almond Street Clermont, FL 34711

Visit our Services page to see what BRP can do for your business!

Starting a Business is More Than Just an Idea!!

About two months ago, I met a young man full of enthusiasm to start his own business providing lawn services. The momentum was lost after a few weeks and he abandoned the idea. You may think he gave up, however, it was the capital that dried up. He purchased a used trailer that ended up using all his financial resources in repairs.

Starting any business is more than an idea – it is a combination of the idea, the working capital, the resources, the business environment, and the government rules and regulations. By following the basic startup steps, you are not guaranteed success, however, the likelihood increases significantly when you follow these steps.

  1. Create a Business Plan
  2. Secure financing for your business
  3. Decide on the legal structure
  4. Register your Business
  5. Register for the federal and state taxes
  6. Get your business licenses and permits
  7. Understand your responsibilities as an Employer

 

Contact your BRP Business Development team today to help you with your business startup! (321) 236-2771.

310 Almond Street, Clermont FL 34711