Tag Archives: recordkeeping

Tax records – What you should keep

It’s that time of year when you are getting ready to sort out last year’s financial records and prepare for this year’s recordkeeping. Do you know what you should keep and what can you throw away? Here are some suggestions. … Continue reading

Posted in Filing Taxes, save on taxes, Tax, tax advice, tax bill, Tax Return, taxes, Uncategorized | Tagged , , , | Leave a comment

Three Tips to Start the Tax Filing Season

Check whether your children need to file a 2015 tax return. They’ll need to file if wages exceeded $6,300, self-employment income was over $400, or investment income exceeded $1,050. When income includes both wages and investment income, other thresholds apply. … Continue reading

Posted in Amended Tax Return, Business, business help, Business Owner, Employee Benefits, Filing Taxes, Financial Planning, save on taxes, Tax, tax advice, tax bill, tax exempt, Tax Return, taxes, Uncategorized | Tagged , , , , , , , , , , , , , , , , , , , , | Leave a comment

Using QBO’s Accounts Receivable Reports

With the holidays and year-end over, you can turn your attention to catching up with your customers. It would be nice if we could neatly wrap up every accounting month or quarter or year neatly, with all of our transactions … Continue reading

Posted in Business, business help, Business Owner, customer, Employee Benefits, Financial Planning, guide, New Business, Operational Accounting, Operations, quickbooks help, QuickBooks Online, QuickBooks Tips, record keeping, Uncategorized | Tagged , , , , , , , , , | Leave a comment

Track Use of your Vacation Home to Maximize Tax Breaks

If you own a vacation home (some boats and recreational vehicles also qualify) that you also rent out to others, keep track of who uses it during the year to maximize your tax breaks. * Meet the rules and receive … Continue reading

Posted in Business, business help, Business Owner, Filing Taxes, Financial Planning, guide, invest, Investing, investment, marketing, Tax, tax advice, tax bill, taxes, Uncategorized | Tagged , , , , , , , , , | Leave a comment

An Introduction to the QuickBooks Online Customer Page

Your customers are the heartbeat of your business. QuickBooks Online helps you keep them happy. Do you remember how you used to keep track of information about your customers before you started using a computer for your accounting? A file … Continue reading

Posted in Business, business help, Business Owner, customer, Employee Benefits, Financial Planning, guide, New Business, Operational Accounting, Operations, quickbooks help, QuickBooks Online, QuickBooks Tips, record keeping, sales, save money, Uncategorized | Tagged , , , , , , , | Leave a comment

Working with Employee Records in QuickBooks Online

Payroll requires countless details about each employee. QuickBooks Online will walk you through the process of entering them. If you’ve only been on the receiving end of a paycheck, you may not know just how much prep work went into … Continue reading

Posted in Amended Tax Return, Business, business help, Business Owner, deductions, Employee Benefits, Financial Planning, guide, Inventory, invest, Investing, investment, Operations, Payroll, quickbooks help, QuickBooks Online, QuickBooks Tips, save money, save on taxes, saving money, Tax, tax advice, Tax Fraud, Uncategorized | Tagged , , , , , , , , , , , , , | Leave a comment