You are ready to provide your books to your tax professional and have your business tax returns prepared. You want to know what you need to do in your QuickBooks (QBO) file to finalize the year. It is important to review your data for the year for accuracy. But there is another step that you […]
Category Archives: Help
01
Dec
Dec
You don’t know where to start with your year-end planning. You want to know in advance what your profit will be at the end of the year. More importantly, you want to know if there is anything you can do to change your net profit at the end of the year. A big part of year-end […]
16
Nov
Nov
You feel anxious about your taxes. You want to know ahead of time what your profit will be for the year. And you want to plan the strategy for your profit. When should you even start planning for your year-end? The good news is that by planning ahead you can both estimate and control your profit for […]
03
Nov
Nov
Beyond even knowing how to file a 1099, you just want to know whether you even need to file 1099s. We prepare hundreds of 1099 forms each year and can share with you some of the areas to consider to determine whether you need to file 1099s. Who needs to file 1099s? Almost every business […]
27
Oct
Oct
Have you seen the 1099-NEC form? Maybe you saw it and wondered: What is the 1099-NEC form for? Should I have been filing this all along? What about the 1099-MISC? We are here to shed some light on the changes that this form has brought to the 1099 filing process. In 2020, the IRS introduced […]
20
Oct
Oct
You’re totally overwhelmed by QuickBooks Online (QBO). But guess what? You’re already doing the right thing. Asking questions about how to use it means you’ve made the good decision to move to cloud accounting. In this and coming articles, we will be discussing some of our favorite features in QBO and share some helpful tips […]
23
Sep
Sep
Do you ever feel like holding onto cash in your business is like trying to hold sand in your hands? If so, you are far from alone. Cash is a big concern for many people. The good news is there are steps you can take right now to take control of your cash. Focus on […]
25
Aug
Aug
You want to better understand where your business is heading with regard to cash, but you do not know where to start. While getting started with managing your cash flow can seem daunting, don’t let that deter you. Starting down this path will help you know whether you can purchase new equipment, hire a new […]
11
Aug
Aug
You work hard and your business is stable and growing, but in these uncertain times, it feels like no business is safe. Forecasting helps alleviate anxieties about the future security of your business. Our founder, Cindy Hovig, recently gave an interview on forecasting and how small business owners can benefit. Understanding Forecasting Jess: What exactly is forecasting? […]
29
Jul
Jul
You worry sometimes about whether you have enough cash in the bank to cover an upcoming expense. You know you can cover this week or this month, but you want to know if your cash balance in the future will become an issue. At what point will you run out of cash? These concerns are […]