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Phone: 845-566-0391
Email: info@petromccrum.com
1662 Route 300, Suite 126, Newburgh, NY 12550
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Tips of the Month - February, 2007

Tax Tip:

Under the new tax law, Tax Relief and Health Care Act 2006, signed into law December, 2006, all non-profit organizations (even those with gross income under $25,000.00) will be required to file an information return beginning in 2008.

QuickBooks Tip:

As of May 31, 2007 QuickBooks will discontinue support for QuickBooks 2004, Payroll 2004 and Assisted Payroll 2004. Due to the release of Internet Explorer 7 and Windows Vista, QuickBooks will not support any releases prior to 2005. Even with later releases you may encounter problems running QuickBooks in the Vista environment, unless you are running QuickBooks 2007.

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