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Remember to schedule your FREE meeting with us to see how we can save you time and money! (520) 241-0371 info@eclconsulting.com |
| ECL Staff Contact Info |
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Each of ECL's staff members can be reached directly. You can also call 520-241-0371 to leave a message for any staff member.
Our central fax number is
1-520-843-2092.
Please make sure you dial the "1" and the area code, no matter where you're dialing from.
Eli Larriva:
520-241-0371
520-721-6868
520-638-6738
Kris Dorris:
443-206-3613
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| June Tax Deadlines |
| June 15
Individuals - Make a payment of your 2009 estimated tax if you are not paying your income tax for the year through withholding (or will not pay in enough tax that way). Use Form 1040-ES. This is the second installment date for estimated tax in 2009.
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Corporations - Deposit the second installment of estimated income tax for 2009. A worksheet, Form 1120-W, is available to help you estimate your tax for the year.
Employers - Nonpayroll withholding. If the monthly deposit rule applies, deposit the tax for payments in May.
Employers - Social security, Medicare, and withheld income tax. If the monthly deposit rule applies, deposit the tax for payments in May. |
| Save on Document Management
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ECL Consulting's computer experts, Livewire Technical Services, recommend a Fujitsu ScanSnap S510 scanner for fast document management and offer a $65 setup and initial training session on its use. Contact Livewire at (520) 235-8726 or email them. | |
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Greetings!
It's mid-year already! The perfect time to review where you are in your business and establish goals for the second half of the year.
In this edition we offer several articles to help you tax advantage of tax and money-saving opportunities available in June.
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2009 Health Savings Account Limits
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As we are in the month of June already, it is important to take a
moment and review your Health Savings Account to ensure the maximum
benefit is being obtained. In 2009, the limits on health savings
accounts were increased. For 2009, the
maximum annual HSA contribution will rise to:
- $3,000 for individual
coverage (up from $2,850 in 2008)
- $5,950 for family coverage (up
from $5,800 in 2008).
Catch up contributions for individuals who are 55 or older is
increased by statute to $1,000 for 2009 and all years going forward.
For 2009, the maximum annual out-of-pocket amounts for HSA-compatible HDHPs (Hight Deductible Health Plans) increase to:- $5,800 for self-coverage
- $11,600 for family coverage
Consult with your insurance provider to determine what kind of plan you have and if you are eligible to make additional contributions. Did you know that ECL Consulting offers organizing services for your small business? Our Expert Organizers are experienced in developing systems for efficiently managing paper records & digital files, maximizing office space, process & project management, scheduling & time management. Contact us to learn more. |
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City of Tucson Tax Amnesty Program
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Through June 30, 2009:
The City of Tucson is offering the business community a tax amnesty program. This rare opportunity will allow Tucson business owners to submit delinquent sales tax or license fees without penalty and with reduced interest due on delinquent balances. This is also an opportunity for Tucson businesses that are not licensed to get licensed, without penalty.
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Rescheduled: ECL Consulting Presents... |
The Better Business Bureau of Southern Arizona has invited ECL Consulting to present a seminar on "Intro to QuickBooks."
This seminar will review 10 of the most common mistakes QuickBooks users make, as well as a brief introduction to the functions, features and benefits of the software. A Q&A session with an active QuickBooks sample company file will provide visual & interactive answers to your questions.
Covers QuickBooks Premier and QuickBooks Pro 2009 and earlier versions for PC. MAC users welcome.
Location: The seminar will be held at the headquarters of The Better Business Bureau of Southern Arizona, 434 S Williams Blvd., Suite 102, Tucson, AZ 85711.
Date and Time: June 25, noon to 1 pm. You are welcome to bring a bag lunch.
Cost: Free
Register: Call the BBB at 888-6161 or send an email. | |
Have you enjoyed this newsletter? Have any suggestions for things you'd like to see covered? Have a question for our resident Accounting Expert? Let us know by emailing askexpert@eclconsulting.com.
Each issue will cover different topics and have different features, so watch for us each Tuesday.
Remember, we provide accounting and cash flow solutions for successful companies -- yours!
Eli Larriva
ECL Consulting, LLC
(520)241-0371
info@eclconsulting.com
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