Paying Estimated Taxes? When You Should
It’s not just the self-employed who must submit estimated taxes. IRS obligations are pay-as-you-go. Much as we may grumble about them, estimated taxes and payroll withholding are good things....
Are You Memorizing Transactions? Should You Be?
You know that QuickBooks saves a lot of time. But have you explored how it does so by memorizing transactions? Your accounting work involves a lot of repetition. You...
When a Hobby Becomes a Business
A few dollars here, a few dollars there. What do you do when the money from a hobby starts to add up? Maybe you didn’t consider it a real...
Setting Up Users in QuickBooks
If you plan to have multiple employees using QuickBooks, you can limit their access to specific areas. Controlling access to your QuickBooks company file is easy when you’re a...
Establishing Preferences in QuickBooks
Before you start entering data, make sure QuickBooks is set up appropriately for your company. QuickBooks was designed to serve the needs of millions of small businesses. To do...
Are Your Social Security Payments Taxable?
They may be. The IRS’s rules for taxing Social Security benefits could require some studying on your part. If you’ve received Social Security benefits for more than a year,...
Anatomy of a QuickBooks Inventory Item
If you have an item-heavy business, you need tools to track your inventory. QuickBooks provides them. When you started your business, maybe you were able to keep track of...
Paying Bills in QuickBooks Online
In a previous column, we talked about setting up bills in QuickBooks Online. Now it’s time to pay them. We recently laid out the benefits of using QuickBooks Online...
April 17, 2017, sounds like it’s a long way off. But December 31, 2016, isn’t. If you haven’t given much thought to your 2016 income tax obligation, it’s time....
Can’t Keep Up with Bills? QuickBooks Online Can Help
There are more pleasant accounting tasks than paying bills, but QuickBooks Online organizes and simplifies this critical chore. How does your company keep track of its bills now? If...