Blog & Newsroom

Shannon Atwood, a high school student form the Super Learning Center, recently worked at Zinner again on a special internal project.

Posted by: Courtney Ockenden, CPA

Intuit QuickBooks Payroll
Payroll Update: Revised Tax Tables

Posted by: Gabe Adler, CPA

Reporting trustee fees by a trust on a Form 1099-Misc is not required.  The 1099-Misc is for payment of services performed in a trade or business by people not treated as employees.  

In a recent case, Turner, T.C Memo. 2011-209, the Tax Court ruled that formal notice of the withdrawal power is not required. The result of this Tax Court case is that, if a notice requirement is not satisfied regarding a particular transfer to a trust, the taxpayer now has an argument that such notice is not required and the annual exclusions claimed were valid.

If you’re a business owner looking for a new way to receive quick and easy payments, look no further. Intuit and Square now offer devices to accept credit card payments from the accessibility of your own phone.

Diversification is the cornerstone of a solid investment portfolio.  Until the mid 1990’s, when stocks started producing extraordinary profits, most investment advisors recommended a balanced portfolio with a mixture of stocks, bonds, and precious metals.  Stocks provided the opportunity for growth, bonds produced income and precious metals protected against inflation and financial chaos because gold and silver prices have typically enjoyed an inverse pricing relationship, when compared to stock prices over the long run.

Posted by: Carly Ahsher