Blog/News

Going Paperless with QuickBooks Attachments

Attaching files to QuickBooks transactions is a simple way to help your office go paperless. Whether a business owner or bookkeeping professional, attaching invoices and receipts to your QuickBooks transactions is a very practical way to allow both you and your tax professional instant access to source documents for expenditures. Keeping your files in one […]

Annual Report Filing Deadline – May 1st

A quick reminder to all of our clients that are incorporated within the State of Florida:  Annual reports must be filed with the Florida Department of Revenue by May 1st, 2016.   All Florida corporations are responsible for filing their annual report.  All late reports will be assessed a $400 late filing charge, if not received […]

Final Legislation for 2015 Tax Year

Last week Congress passed the final legislation that will affect 2015 tax season. Highlights include: Continued 10% energy credit for all qualified non-business property. Child tax credit is permanently set to $3,000. Section 179 expending limit for businesses has once again been increased to $500,000. See full article:  Journal of Accountancy 2015 Updates Wish you and […]

Useful Year-end Tax Tips for Individuals

As year end approaches here are some tips we thought would be helpful for individuals in tax planning for 2015. 16 Useful Tax Planning Tips for Individuals Happy Holidays, The W. H. O’Connell & Associates Team

Is This a Scam? 5 Ways to Spot Fake IRS Phone Calls

St. Johns County and St. Augustine residents are among thousands across the country who have been targeted by scam phone callers who claim they are “with the IRS”.  With an upsurge in calls in St. Johns County in recent weeks, we want you to protect our clients from becoming potential victims of these fraudulent calls. […]

10 AWESOME Year-End Tax Planning Tips

The clock is ticking as we go into the final months of the 2015 tax year.  Stay ahead of the game for this upcoming tax season with some great tips we found! Check out this very informative and useful article we came across on Accounting today:  Accounting Today: Top 10 Year-End Tax-Planning Tips Stay updated with us, The […]

QuickBooks 2016

It’s that time of year, Intuit has released QuickBooks 2016! If your small business is thinking of upgrading your current version of QuickBooks Pro here is a quick look at new features offered by year. QuickBooks Pro 2016 Comparison We also found a tour highlighting the new features offered in QuickBooks Premier, most of which are also included […]

October 13th Accounting Update

 It’s a busy week for our Accountants and staff:  The the final deadline to file individual (Form 1040) returns is this Thursday, October 15th.  Everyone who filed a 6 month extension must submit their 2014 federal income tax returns by midnight Thursday. We do not always recommend waiting the full six months, but it is sometimes appropriate for […]

St. Augustine Youth Services Golf Tournament

Henry O’Connell out with crew, Mike Siragusa, Les Gallagher and Super Dave Siefker,  proudly participating in St. Augustine Youth Services (SAYS) annual golf tournament fundraiser. Funds raised today help SAYS to continue offering services to children of abuse and neglect by providing in a safe, therapeutic environment to learn, live, heal and grow into the outstanding kids they are! […]