Crucial Steps You Can Use To Take Control of Your Finances in 2022 and Beyond
Finance Tips, Financial PlanningAs the old saying goes, "If you fail to plan, you plan to fail." Whoever coined that phrase was absolutely talking about finances, whether they realized it or not.
According to one recent study, a general lack of financial education costs…
Record Expenses in QuickBooks Online and On Your Phone
Finance TipsThe money you spend to run your business must be recorded conscientiously for your taxes and reports. Here’s how to do it.
You undoubtedly keep a very close watch on the money coming into your business. You record payments as soon as they…
The Ins and Outs of Bookkeeping: All the Best Practices to Get the Best Financial Outcome From Your Organization
Finance Tips, Financial PlanningIf you had to make a list of some of the most critical elements of running a business that most new entrepreneurs don't think enough about until it's far too late, bookkeeping would undoubtedly be right at the top.
On a surface level, bookkeeping…
3 Reasons Paying Your Bills Early Will Benefit You
Debt, Finance Tips, Personal FinanceIf there’s anything we all learned from 2020, it’s that things can change in a heartbeat and that the unexpected can create real havoc. Though there’s nothing you can do to stop fate’s freight trains from barreling down the tracks, there…
Recordkeeping Tips to Keep the IRS Away
Finance Tips, Tax Tips, TaxesArticle Highlights:
Tax Recordkeeping Tips
Receipts
Auto Deductions
Gifts
Business Equipment
Ordinary and Necessary
Meals & Lodging
Entertainment
Home Office
With the ever-increasing complexity of our tax…
4 Ways to Stop Your Overspending
Debt, Finance Tips, Financial Planning, Personal FinanceIf opening your credit card bills, your checkbook, or your wallet are traumatic events, you may have a problem with overspending. It’s nothing to be ashamed of, and you’re certainly not alone, but there’s a good chance that it is keeping…
10 Things to Know About Credit Scores
Debt, Finance Tips, Financial PlanningOnce you get above a certain age, you start hearing about a magical thing called a credit score. You hear that everybody has one and that you need to do everything you can to bolster it. You hear that there are things you can do to hurt your…
May 2019 Individual Due Dates
Accounting, Business, Employees, Finance Tips, Personal Finance, Small Business, TaxesMay 10 - Report Tips to Employer
If you are an employee who works for tips and received more than $20 in tips during April, you are required to report them to your employer on IRS Form 4070 no later than May 10. Your employer is required…
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…
Three Common Family Tax Mistakes
2018 Tax Laws, Finance, Finance Tips, Tax Tips, TaxesWhen it comes to transactions between family members, the tax laws are frequently overlooked, if not outright trampled upon. The following are three commonly encountered situations and the tax ramifications associated with each.
Renting…