Frequently Asked Bookkeeping Questions at Jo Landers Business Services Frequently asked bookkeeping questions. Get answers from Jo Landers. Jo Landers has been providing bookkeeping and payroll services since 1991 in the greater Northampton area. https://www.jolanders.com/bookkeeping/faqs/ Fri, 06 Dec 2019 16:01:17 -0500 1800 Health Care Law Tax Provisions: IRS Recorded Webinars for Employers and Coverage Providers https://www.jolanders.com/bookkeeping/faqs/Health-Care-Law-Tax-Provisions-IRS-Recorded-Webinars-for-Employers-and-Coverage-Providers_post_96.php 50764 Fri, 21 Aug 2015 07:25:49 -0400 Bitcoin and Other Virtual Currencies are Taxable The Internal Revenue Service issued a notice providing answers to frequently asked questions on virtual currency, such as Bitcoin. These FAQs provide basic information on the U.S. federal tax… https://www.jolanders.com/bookkeeping/faqs/Bitcoin-and-Other-Virtual-Currencies-are-Taxable_post_93.php 12590 Wed, 03 Sep 2014 08:15:05 -0400 Quickbooks 2013 for Windows Crashing Randomly If you see one of the following messages: QBW32.EXE- Fatal Application Exit- Aborting Application: QuickBooks is now terminating (Windows 8, Windows 7, and Windows Vista) Unrecoverable Error 02700… https://www.jolanders.com/bookkeeping/faqs/Quickbooks-2013-for-Windows-Crashing-Randomly_post_85.php 92682 Fri, 08 Mar 2013 12:25:58 -0500 Are independent contractors required to have their own liability insurance? Generally no. However, you may decide NOT to work with independent contractors who don't carry their own insurance, especially if they are providing services which would be expensive for you to… https://www.jolanders.com/bookkeeping/faqs/Are-independent-contractors-required-to-have-their-own-liability-insurance_post_3.php 12493 Sun, 11 Dec 2011 20:02:19 -0500 How do I change someone from a subcontractor to an employee or vice-versa in Quickbooks? The best thing to do in Quickbooks is make a new vendor or employee. So if you had a subcontractor named John Smith, but now he's an employee, make an employee named "John J. Smith", or "John Smith -… https://www.jolanders.com/bookkeeping/faqs/How-do-I-change-someone-from-a-subcontractor-to-an-employee-or-vice-versa-in-Quickbooks_post_9.php 24280 Sun, 11 Dec 2011 15:35:18 -0500 What does an Employee REALLY Cost? Even VERY part-time employees, with no paid breaks or other paid time off or any benefits, will cost substantially more than their hourly rate. Initially, there is the cost of hiring and training,… https://www.jolanders.com/bookkeeping/faqs/What-does-an-Employee-REALLY-Cost_post_18.php 13284 Sun, 07 Feb 2010 23:52:58 -0500 EIN, TIN, DUA ID number - what are they? EIN : Employer Identification Number - you should request one from the IRS if you have employees, or your business is a corporation or partnership. You can apply by phone, fax or mail. Go to this… https://www.jolanders.com/bookkeeping/faqs/EIN-TIN-DUA-ID-number-what-are-they_post_11.php 51368 Thu, 20 Aug 2009 02:57:39 -0400 What is a DBA certificate? DBA stands for "Doing Business As." A DBA business certificate creates a public record of the name and address of the owner(s) of a business. You are legally required to register as a DBA if you are… https://www.jolanders.com/bookkeeping/faqs/What-is-a-DBA-certificate_post_17.php 82905 Thu, 20 Aug 2009 02:30:03 -0400 Do I have to carry workers' comp insurance for 1099 vendors? Most insurance companies will require that you provide worker's comp insurance for anybody you issued a 1099 for, unless you have a certificate of insurance from them showing they had their own… https://www.jolanders.com/bookkeeping/faqs/Do-I-have-to-carry-workers-comp-insurance-for-1099-vendors_post_4.php 85233 Thu, 20 Aug 2009 02:30:03 -0400 Who do I need to give a 1099 to? You should give a 1099 to any vendor who is not incorporated that you paid more than $600 to for services during any calendar year. You do not need to include the cost of materials or reimbursements… https://www.jolanders.com/bookkeeping/faqs/Who-do-I-need-to-give-a-1099-to_post_5.php 23010 Thu, 20 Aug 2009 02:30:03 -0400