Regardless of how you run your business, getting paid is what keeps it running. Learn how to get paid when you're self-employed, including setting up credit card payments with a merchant account, payment service provider (PSP), and a card reader. This video covers the following information: What is an invoice? Difference between a receipt and invoice [...]
This article was published by the IRS. Hobbies and businesses are treated differently when it comes to filing taxes. The biggest difference between the two is that businesses operate to make a profit while hobbies are for pleasure or recreation. Either way, if they are paid through payment apps for goods and services during the year, [...]
Establishing parentage is the recognition of a parent's legal relationship to a child. Legal parentage is not the same as: having a genetic relationship with the child intending to be a parent holding oneself out as a parent having a presumption of parentage due to marriage Parentage is so important because children gain important rights and [...]
We wanted to update you on the provisions of the new tax bill that was signed into law on July 4 (the One Big Beautiful Bill Act). We recommend reviewing your current tax strategy in light of these changes. We are available to discuss how these provisions may impact your personal or business tax situation, and [...]
Once you’ve connected your bank account to online banking in QuickBooks, QuickBooks downloads your recent transactions every day. Let’s go over how to locate where the downloaded transactions ended up, how to review the transactions downloaded from your bank, and how to categorize, confirm, and post them so your books are accurate. Follow along with this [...]
