Every year’s tax return provides valuable lessons on the optimal amount that taxpayers should have withheld from their paychecks. Heeding these lessons is especially important if you end up owing a substantial amount of money. Of course, even if you got a nice tax refund, that shouldn’t necessarily be your goal. It essentially means you’re [...]
Now, more than ever, you need QuickBooks to track what needs to be done. COVID-19 has transformed the entire U.S. small business landscape in just a few short months. Companies are struggling to stay afloat. We all just want to get back to “normal,” but it’s unclear when that will happen. We’d like to help [...]
Estate planning isn’t just about what happens to your assets after you ide. It’s also about protecting yourself and your loved ones. To ensure that your wishes are carried out, and that your family is spared the burden of guessing – or arguing over – what you would decide, put those wishes in writing. Generally, [...]
How to Back Up and Move a Company File in QuickBooks Your QuickBooks company file is gold. Make sure you know how to back it up and restore it properly. You may not think of your QuickBooks company file as being portable. It lives safely on the hard drive of your desktop and/or laptop computer. [...]
Americans who are 65 and older qualify for basic Medicare insurance, but they may need to pay additional premiums to get the level of coverage they desire. The premiums can be expensive – especially if you’re married and both you and your spouse are paying them. One aspect of paying premiums might be a positive, [...]
In the due course of business, you probably spend time and money “wining and dining” current or potential customer, vendors and employees. And, as you may recall, what you can deduct on your tax return for these expenses changed under the Tax Cuts and Jobs Act (TCJA). Let’s review the rules. 3 BASIC RULES Among [...]