The Accounting Group Blog

Sage North America announced today the availability of the Sage 50 Accounting 2013 product line, formerly Sage Peachtree, a perennial favorite of small businesses and accountants. Sage 50 is one of the entry points into the Sage portfolio of business management solutions that support long-term business needs and includes Sage 100, Sage 300, Sage 500, and Sage ERP X3 solutions as well as a host of complementary connected services. Please contact Accounting Group for more information.

Under the Middle Class Tax Relief and Job Creation Act of 2012, enacted yesterday, workers will continue to receive larger paychecks for the rest of this year based on a lower social security tax withholding rate of 4.2 percent, which is two percentage points less than the 6.2 percent rate in effect prior to 2011.

The IRS issues the vast majority (more than 9 out of 10) of all refunds - whether filed electronically or on paper - in 21 days or less. E-file remains the best way to ensure an error-free return. Taxpayers can help ensure their refund arrives as expected by submitting an error free return. Use the correct Social Security number or taxpayer identification number, the correct address, and the correct bank and routing number if electing direct deposit. You don't need to wait on the phone to check on the status of your refund. The fastest and best way to get information on your refund is through the "Where's My Refund?" tool on IRS.gov and the IRS2Go phone app. Information about refund status is available about three days after the IRS acknowledges receipt of your e-filed return, or four weeks after mailing a paper return.