August 2018
Natural disasters such as hurricanes are more common in summer, but tornadoes, floods, and fires can strike at any time. Learn how to make your financial recovery easier by keeping your tax and financial records safe.
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Whether you need money for startup costs or expanding your business, understanding what a bank wants and how to prepare for it properly, can mean the difference between securing financing you need or having to scrape together cash from other sources.
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While the Net Investment Income Tax tends to affect wealthier individuals most often, don't be fooled. In certain circumstances, it can also affect moderate-income taxpayers too.
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Cash flow is the lifeblood of every small business, but many business owners underestimate just how vital managing cash flow is to their business's success.
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Though it's never too late to start, the sooner you begin saving for retirement, the more time your money has to grow.
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TAX DUE DATES

August 10

Employees Who Work for Tips - If you received $20 or more in tips during July, report them to your employer. You can use Form 4070.
Employers - Social Security, Medicare, and withheld income tax. File Form 941 for the second quarter of 2018. This due date applies only if you deposited the tax for the quarter in full and on time.

August 15

Employers - Nonpayroll withholding. If the monthly deposit rule applies, deposit the tax for payments in July.
Employers - Social Security, Medicare, and withheld income tax. If the monthly deposit rule applies, deposit the tax for payments in July.

IN THIS ISSUE
Tax Tips

QuickBooks Tips

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Dawson & Associates | 818 379-9800 | team@dawsoncpa.com | http://www.dawsoncpa.com
16027 Ventura Boulevard Suite 501
Encino, CA 91436
Dawson & Associates, 16027 Ventura Boulevard  Suite 501, Encino, CA 91436
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