ADP Small Business Services: Referral Rewards Partner

USE OF THE PROGRAM/COMPLIANCE WITH LAWS. You will use the Program as described in these Terms and in accordance with the instructions and reasonable policies established by ADP or its agents from time to time and communicated to You and/or as posted on any applicable Program web sites, including those of any ADP Vendor or […]

RUN Powered by ADP® What’s New?

You will receive an email with instructions on how to reset your password. You’re almost finished! Please submit the contact information of someone you think may be interested in ADP to complete your registration for our Client Appreciation Program. By clicking “Accept” or otherwise signing or accepting these Terms, electronically or otherwise, You acknowledge that […]

ADP Referral Rewards Partner Newsletter

Notification of Rewards may be by email to the email address provided by You upon enrollment, or such other updated email address provided by You. Rewards will be issued in the month following the month in which the referred Client completes processing the Services with ADP for a period of thirty (30) consecutive days. You […]

Tax Calculator Tax Refund & Return Estimator 2023-2024

These paycheck details are based on your pay info and our latest local and federal tax withholding guidance. Among small businesses nationwide, average monthly credit card expenditure is up by an average of 20% compared to pre-pandemic levels — creating potential vulnerabilities. Again, this is reflected in the findings of Intuit QuickBooks’ Black History Month […]

LIFO Accounting

This is advantageous in periods of rising prices because it reduces a company’s tax burden when it reports using the LIFO method. FIFO will have a higher ending inventory value and lower cost of goods sold (COGS) compared to LIFO in a period of rising prices. Therefore, under these circumstances, FIFO would produce a higher […]

Last-In First-Out LIFO Overview, Example, Impact

Should the company sell the most recent perishable good it receives, the oldest inventory items will likely go bad. For example, the seafood company, mentioned earlier, would use their oldest inventory first (or first in) in selling and shipping their products. Since the seafood company would never leave older inventory in stock to spoil, FIFO […]

When Should a Company Use Last in, First Out LIFO?

The quantity purchased on March 1 actually reflects the inventory beginning balance. Companies with perishable goods or items heavily subject to obsolescence are more likely to use LIFO. Logistically, that grocery store is more likely to try to sell slightly older bananas as opposed to the most recently delivered. If the cost of buying inventory […]

How Do I Get Last Year’s Tax Return From Turbotax

E-filing doesn’t keep a copy of your return on our servers. After installing the software, open it and follow the onscreen instructions to file your return. Fortunately, if youve made an error on your tax return and need to amend it, dont worry, there are a few ways to do so that youll find quite […]

How do I transfer last year’s return into TurboTax Online?

After signing the bottom of the form, check the instructions to determine the appropriate IRS address. Note that the IRS office you mail it to depends on your address at the time of filing the tax return, not your current address. Once you’ve successfully located and selected the desired tax year, you can proceed to […]

What Is FIFO Method: Definition and Example

First in, first out (FIFO) is an inventory method that assumes the first goods purchased are the first goods sold. This means that older inventory will get shipped out before newer inventory and the prices or values of each piece of inventory represents the most accurate estimation. FIFO serves as both an accurate and easy […]