Baldwin Accounting CPA, P.A.

January sure felt like 100 days but hello February!💕 #2025

HELLO OCTOBER, Bring on Fall🍁

Happy Labor Day!

Hello September, feel free to bring a little bit of fall weather to us in Florida!

I know we aren't the only ones happy it is finally FRIDAY!!!!

It is crazy how fast summer went by, kids are back to school already!! We hope everyone has a great first day! 📓✏️

#2023

It works in the background as a critical element of QuickBooks Online. Understanding the role of the Chart of Accounts.

Some people call the Chart of Accounts the “backbone” of your accounting system. We think it’s more like the nervous system. When you feel a pain in your big toe, for example, you can identify the nerve that’s involved. And when an account is assigned to a record or transaction, you can trace it to a specific element of your overall financial picture. So when you create an invoice, for example, you know you can find it in your accounts receivable (A/R) register. Inventory items are actually assigned to multiple accounts by default.

Read more here: https://blog.baldwinaccountingcpa.com/blog/what-you-should-know-about-the-chart-of-accounts-in-quickbooks-online/45913

AUGUST 2023 BUSINESS DUE DATES

• August 10 - Social Security, Medicare, and Withheld Income Tax

• August 15 - Nonpayroll Withholding

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AUGUST 2023 INDIVIDUAL DUE DATES

• August 10 - Report Tips to Employer

Hello August! Bring on Fall🍂🍁

#2023

Many people requested an extension to file their tax return after the usual April deadline. If so, you have until October 16, 2023 to complete and file your return.

Here are a few things to know as you get ready to file:

#2023

• Get the child a Social Security or Individual Tax Identification number
• Check withholding
• Check Eligibility for Child Tax Credit
• Check Eligibility for Child and Dependent Care Credit
• Check Eligibility for Adoption Tax Credit
• Check Eligibility for Earned Income Tax Credit
• Check Eligibility for Credit for Other Dependents

#2023