If you enter similar transactions repeatedly in QuickBooks, you might learn how to memorize them to save time. Ask us about this.

By | June 7th, 2021|Accounting and Auditing, Business, Estate planning, QuickBooks Tips|

Save Time By Memorizing Transactions in QuickBooks Do you create the same transactions repeatedly? QuickBooks allows you to memorize them. Accounting involves a lot of repetition. You send invoices and receive payments and pay bills, over and over. Sometimes they’re similar enough every month that you’d swear you already processed them. QuickBooks has a feature [...]

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APPRECIATING THE HELPFUL BALANCE OF BONDS

By | May 24th, 2021|Accounting and Auditing, Business, Estate planning|

Stock market swings may bring fortune or fear, so investors shouldn’t forget about the helpful balance of bonds.  Perhaps the most “user friendly” is a U.S. government savings bond.  Buying one means you’re essentially lending the federal government money at a certain interest rate in exchange for a future return.  U.S. savings bonds don’t offer [...]

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BOLSTER WEALTH MANAGEMENT WITH TRUSTS

By | May 3rd, 2021|Accounting and Auditing, Estate planning, Retirement, Taxation|

Trusts can be a useful tool for affluent individuals and families when it comes to wealth management, protection and growth.  But there are a wide variety to choose from, so it’s important to clearly understand the benefits and limits of a trust before choosing any one type. WHAT’S A TRUST? A trust is a legal [...]

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WHY THE CHILD TAX CREDIT IS SO VALUABLE

By | February 1st, 2021|Estate planning, Taxation, Uncategorized|

If you’re a parent, or soon will be, you’re no doubt aware of how expensive it is to pay for food, clothes, activities and education.  Fortunately, the federal child tax credit is available to help many taxpayers with children under the age of 17, and there’s a dependent credit for those who are eligible with [...]

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INTRAFAMILY LOANS AND A FAMILY BANK

By | December 14th, 2020|Accounting and Auditing, Estate planning, Retirement, Taxation|

Among the primary goals of estate planning is to put in writing how you want your wealth distributed to loved ones after your death.  But what if you want to use that wealth to help a family member in need while you’re still alive?  This has become an increasingly common and pressing issue this year [...]

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CATCHING UP ON CATCH-UP CONTRIBUTIONS

By | November 16th, 2020|Accounting and Auditing, Estate planning, Retirement, Taxation|

When it comes to retirement planning, many people tend to focus on two things: opening a retirement savings account and then eventually drawing funds from it.  However, there are other important aspects to truly doing everything you can to grow your nest egg. One of them is celebrating your 50th birthday.  This is because those [...]

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