With QuickBooks Online Advanced, you can reclassify transactions by changing the category, class, or location for multiple transactions with a single step, instead of one by one. One common problem on a Profit & Loss statement is when both parent and sub accounts exist, and some expenses are incorrectly assigned to a sub account when it [...]
This article was published by the IRS. Preparedness for a potential emergency or disaster starts at home. Whether it’s for personal or business, emergency preparedness plans are crucial and can give a head start to recovery should they be affected by an event. Here are some things taxpayers can do to help protect their financial records. [...]
We observed World Elder Abuse Awareness Day in June. In that same spirit, let's recognize and celebrate older adults and the value they bring to society. Elder abuse is a worldwide problem, and it's up to all of us to prevent it. Our government agencies can help advance the lives of older adults. For example, the [...]
This article was published by the IRS. The Internal Revenue Service has issued frequently asked questions in Fact Sheet 2026-02 to help taxpayers, businesses, and other stakeholders understand the changes under Executive Order 14247: Modernizing Payment To and From America’s Bank Account. “These FAQs support the Executive Order in its effort to reduce fraud, improve security, [...]
Watch this IRS webinar to learn more about what a Trump Account is and who is eligible for it as a provision under the Working Families Tax Cuts. A Trump account is a new type of individual retirement account that gives children an early financial foundation and encourages long-term savings and financial awareness. This video: describes [...]
