Did you resolve to pay bills on time in 2021? You should explore how QuickBooks can help, saving time and improving accuracy. Find out more here.

By | February 10th, 2021|Accounting and Auditing, Business, QuickBooks Tips, Uncategorized|

Did you resolve to pay bills on time in 2021? Here’s how QuickBooks can help. Managing your paper bills manually is a dangerous practice. It’s too easy to lose them, for one thing, and it’s impossible to keep all of those vendors and amounts in your head. Even if you keep them in a safe [...]

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CLAIMING THE HOME OFFICE DEDUCTION

By | February 8th, 2021|Accounting and Auditing, Business, Taxation, Uncategorized|

Many people have found themselves working from home during the COVID-19 pandemic.  If you’re one of them, you might wonder, “Can I claim the home office deduction on my 2020 tax return?” The short answer is: Only if you’re self-employed.  Employees can no longer claim home office expenses, and even self-employed taxpayers must follow strict [...]

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BUSINESSES SHOULD REVIEW SALES TAX LAWS

By | December 28th, 2020|Accounting and Auditing, Business, Taxation|

It’s been more than two years since the U.S. Supreme Court ruled in South Dakota v. Wayfair that states may require out-of-state sellers to collect sales and use tax even if they lack a physical presence in a state.  Since that time, most states that have a sales tax have enacted “economic nexus” laws that [...]

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HANDLE MUTUAL FUNDS CAREFULLY AT YEAR END

By | December 21st, 2020|Accounting and Auditing, Business, Taxation, Uncategorized|

As we approach the end of 2020, now is a good time to review any mutual fund holdings in your taxable accounts and take steps to avoid potential tax traps.  Here are some tips. AVOID SURPRISES Unlike with stocks, you can’t avoid capital gains on mutual funds simply by holding on to the shares.  Near [...]

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2020 has been a rough year for everyone. We hope you’re staying healthy, and we wish you the best in 2021. If you’re new to QuickBooks, here are a few quick-start activities to get the New Year started out right.

By | December 1st, 2020|Accounting and Auditing, Business, QuickBooks Tips, Uncategorized|

QuickBooks can be overwhelming when you first start using it. Here are five ways to familiarize yourself with some of its features to get you up and running in no time. Tackling any new piece of software can be daunting. Add a complex process like accounting to the mix, like QuickBooks does, and you may [...]

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Are you struggling to find the right sale prices for your products? Price Levels give you flexibility. We can help you set them up.

By | November 30th, 2020|Accounting and Auditing, Business, QuickBooks Tips, Uncategorized|

QuickBooks allows you to create Price Levels that you can assign to customers and jobs and to individual items. You already know that when you create a product or service record in QuickBooks, you must assign a sale price to it. But did you know that QuickBooks gives you a great deal of flexibility when [...]

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