A common reason for voiding checks is to eliminate older, stale-dated, outstanding checks. There are two ways that these checks can be voided when using QuickBooks. However, depending upon which method you use, you may unintentionally alter your financial reports. One way to write off checks is to select the check in the register and ... Read More ›
Partner Bob Cann spoke at the Illinois AFL-CIO Financial Reporting Seminar on the topic of IRS Reports–Form 990. On February 11, 2014, he was at the Laborers District Council in Burr Ridge, Illinois and on February 26, 2014, he was at the Hilton Garden Inn in Springfield, Illinois.
Health care flexible spending accounts (FSA) are benefit plans established by employers to reimburse employees for qualified health care expenses. The plans are relatively simple to establish and maintain and are usually funded through elective employee salary reductions as part of a cafeteria plan. Qualified contributions into and reimbursements out of an FSA are tax-exempt. ... Read More ›
