Organizing and keeping up with paperwork related to your business can be a time consuming and daunting task. QuickBooks Online (QBO) can help organize your documents, simplify your document filing and provide access to your documentation anytime, anywhere. The attachment feature in QBO is a fast, … [Read more...] about Accounts Payable Best Practices
Intuit / QuickBooks
It’s the Most Wonderful Time of the Year…Year End is Almost Here!
The end of the year is quickly approaching. Although it is a busy time of year, there are some important steps you can take to make sure your small business is in good shape for the new year. Financial Reports. This is a great time to run standard reports to see where your business is currently … [Read more...] about It’s the Most Wonderful Time of the Year…Year End is Almost Here!
Back by Popular Demand: Tools, Tips & Tidbits for Tax Year 2022
Several COVID-19 related tax provisions are set to expire for the 2022 tax year: Enhanced Child Tax Credit (reverts back to $2,000 per eligible child under age 18) Enhancements to the Dependent and Child Care Credit Expansions to the Earned Income Tax Credit Charitable deduction for … [Read more...] about Back by Popular Demand: Tools, Tips & Tidbits for Tax Year 2022
Retention of Financial Records
Supporting financial documents contain vital information needed for proper recording to your accounting system. It is extremely important to keep these documents to substantiate your accounting entries and tax return filings in the event of an audit. Below are the main types of records you should … [Read more...] about Retention of Financial Records
QuickBooks Desktop Transitions to Subscription Model with the 2022 Release
Intuit has recently announced it is transitioning to annual subscription model pricing and eliminating its product license software for purchase for Pro & Premier products. Beginning with the 2022 release, you will no longer be able to make a one-time purchase of a license for the Desktop … [Read more...] about QuickBooks Desktop Transitions to Subscription Model with the 2022 Release
Expected USPS Delays Ahead; Avoid Payment Delays
Recent news from the Post Office stated that they will be slowing down the delivery of first-class mail beginning October 1, 2021. As a result, they will be increasing the first-class mail delivery standard from one to three days to one to five days as of this date. That includes any bills your … [Read more...] about Expected USPS Delays Ahead; Avoid Payment Delays