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14-Oct-2019 09:33

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11, 2018 WASHINGTON — The Internal Revenue Service today released Notice 1036, which updates the income-tax withholding tables for 2018 reflecting changes made by the tax reform legislation enacted last month.

This is the first in a series of steps that IRS will take to help improve the accuracy of withholding following major changes made by the new tax law.

It also covers subsidiary and general ledger, adjusting entries, depreciation, payroll, petty cash, bank reconciliation and financial statements for service and merchandising enterprise.

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To help people determine their withholding, the IRS is revising the withholding tax calculator on

Research shows that one out of every three small business spends 80 hours or more preparing for tax season. Sage 100cloud accounting software offers a comprehensive package to help small businesses manage their finances.

That’s two whole weeks out of the year spent on nothing but updating and checking the books to ensure you’re ready for tax season. It can save you an enormous amount of time preparing for payroll taxes, tax season, or even reconciling your books.

Getting Started & Setting up Quick Books Learning Tips and Shortcuts to Quick Books Question and Answer session ——————————————————————————————————————— Duration 3- Month: Course Description This course introduces the students to the environment of general ledger software using Peachtree accounting for windows.

It covers both analysis and record of business transactions in the general and special journals.

The new withholding tables are designed to work with the Forms W-4 that workers have already filed with their employers to claim withholding allowances.