
Could Your Sales Invoices Be Better? How QuickBooks Online Can Help.
Accounting, Business, Finance, Finance Tips, QuickbooksEvery interaction with your customers can enhance your image. Here’s how QuickBooks Online contributes to that.
Getting paid by your customers—on time, and in full—can take some effort on your part. You set smart due dates and enforce…

Defer Gains with Qualified Opportunity Funds
Accounting, TaxesIf you have a large capital gain from the sale of a stock, asset, or business and would like to defer that gain with the possibility of excluding some of it from taxation, you may want to check out the new investment vehicle created by tax reform,…

Resolve to Do These 3 Things in QuickBooks Online This Month
Accounting, Business, Quickbooks‘Tis the season for making resolutions and setting goals. Try exploring these three areas to dig deeper into QuickBooks Online.
By now, many New Year’s resolutions have already been made – and broken. Though they’re usually created…

2019 Standard Mileage Rates Announced
Accounting, BusinessThe Internal Revenue Service (IRS) computes standard mileage rates for business, medical and moving each year, based on a number of factors, to determine the standard mileage rates for the following year.
As it does annually around the…

Making Two IRA Rollovers in One Year Can Be Costly
Accounting, Investment, Personal FinanceArticle Highlights:
One Rollover per Year Rule
Exceptions
Tax Consequences
Disqualified Rollover
Early Withdrawal Penalty
Tax law permits you to take a distribution from your IRA account, and as long as you return the…

Reasonable Compensation and S Corporations
Accounting, Business, Finance TipsArticle Highlights:
Payroll Taxes
Corporate Officers
Employees of a Corporation
Reasonable Salaries
Factors
Flow-Through Deductions
Wage Limitations
Unlike a C corporation, which itself pays the tax on its taxable…

5 QuickBooks Online Reports You Should Run Regularly
Accounting, Small Business5 QuickBooks Online Reports You Should Run Regularly
There are numerous QuickBooks Online reports that you should be consulting at regular intervals. But you need these five at least every week.
QuickBooks Online’s Dashboard, the first…

The Most Common Accounting Mistakes Small Business Owners Make and How to Avoid Them
Accounting, Small BusinessMost small business owners are an expert in their field, but not necessarily in the accounting aspects of building a business. And, with this comes a few common mistakes. Yet, even simple small business accounting mistakes can prove to be financially…

Choosing Your Accounting Method Under New Tax Laws
Accounting, Tax Tips, TaxesBusinesses today must take a closer look at their accounting methods. Since the passage of new tax laws, with changes to thresholds for choosing accounting methods, all companies need to take an inward look at their current accounting methods…

Why It Might be Time for Your Small Business to Migrate to Cloud Accounting
Accounting
Cloud accounting is a big idea that brings with it a lot of lofty implications, but if you had to distill all of that down to its bare essentials it would probably look at lot like this:
Right now, if you want to manage the financial…