Taxes

Our January 20, 2021 blog posting shared some thoughts and comments on the Consolidated Appropriations Act of 2021 (“Act”) passed late December that impact individuals. For this blog posting, we [...]

We provided a summary of the Consolidated Appropriations Act of 2021 in late December 2020 and we wanted to provide a summary of key individual tax provisions contained in the year end [...]

Congress has passed the Consolidated Appropriations Act of 2021 (“Act”) and President Trump finally signed the legislation on December 27. There are over 5,000 pages that need to be digested and [...]

How to Use Rules in QuickBooks Online Transactions   Maintaining your transaction registers conscientiously leads to a clearer understanding of your finances.   Last month, we talked about the [...]

Are You Following Best Practices in QuickBooks Online?   “Best practices” are recommendations for the most effective way to get things done. Are you following standard procedures in QuickBooks [...]

How to Create Projects in QuickBooks Online   If you’re using QuickBooks Online Plus or Advanced, you can create projects and track their profitability.   You already know how to determine [...]

Who Owes You? 5 QuickBooks Online Reports That Can Tell You Fast Keep a constant watch on your accounts receivable to improve cash flow. Quick: How many of your invoices are unpaid? Have any of [...]

5 Things You Should Know About the Chart of Accounts in QuickBooks Online   QuickBooks Online doesn’t require deep knowledge of accounting principles. Still, there are concepts you should [...]

Need Advanced Time-Tracking? Connect QuickBooks Online to An App You can track the hours employees work in QuickBooks Online. But if your time-tracking needs are complex enough, you’ll need an [...]

The flat 21% federal income tax rate for C corporations under the Tax Cuts and Jobs Act (TCJA) has been great news for these entities and their owners. But some fundamental tax truths for C [...]