Helping small businesses and individuals use QuickBooks for accounting.

QuickBooks Accounting Software

QuickBooks© is the supreme accounting software for small to mid-sized businesses because it is affordable, customizable, and easy to use. QuickBooks also allows easy data sharing between its software and other business software like Microsoft Word, Excel, and Outlook. McCullough & Associates, LLC offers the following QuickBooks services:

  • Correct installation and setup of the software and business information to your stand-alone computer or network with single or multi-user mode.
  • Customized personal training in a one-on-one format or with several individuals at your place of business, which will show you how to take advantage of all the benefits of the software.
  • Support from our Certified QuickBooks ProAdvisor for any problem that comes up from using your software.
  • Review your day-to-day operations in Quickbooks to check for problem areas and make sure your software is providing an accurate and all-encompassing financial snapshot when you need it.

Dividends and their capital gain tax rates

Through 2012, dividends received by an individual shareholder from domestic corporations (and certain foreign corporations) are treated as net capital gain for purposes of applying the capital gain tax rates. This means dividends are taxed at 15% for taxpayers whose marginal rate is 25% or higher, and 0% for those in the 10% and 15% Tax Brackets. 

These rates are in effect through 2012.  Capital losses cannot offset the dividend income for purpose of the tax computation. Dividends on stock held in a retirement plan or traditional IRA will not benefit from the new lower rates.

Association of Certified Fraud Examiners - CFE
Member of AICPA - National professional association for CPAs
Missouri Society of Certified Public Accountants