If you get paid electronically for a side hustle, small business, or selling things online, you may need to pay taxes. Payment apps and online marketplaces might issue a Form 1099-K informing you and the IRS of how much money you got for selling things or providing a service. If you make a profit through these [...]
By using QuickBooks Online Advanced and Spreadsheet Sync, you have the ability to view your company's data in Excel, allowing you to create customized reports, track your business's progress, and make changes or updates to transactions and other information. This video goes over how to access Spreadsheet Sync, use it to run reports with your QuickBooks [...]
If you are an employer, here is an important filing deadline reminder. The law requires you to file a copy of the W-2 forms you give to your employees by January 31st. You are also required to file the W-3 forms. Remember, you need to send these forms to the Social Security Administration. In addition, if [...]
A project estimate is the beginning of the client relationship and is especially crucial to getting a construction project off the ground. Accurate job costing is needed to verify the financial viability and profitability of a project; it’s also a prerequisite to a successful bid. Accurate job estimates along with Work-in-Progress (WIP) reports shared with the [...]
Tax preparers see a lot of personal information from their clients. If you pay someone to do your taxes, know that most preparers are honest and trustworthy. Each year, however, some taxpayers suffer financially because they make a poor choice of who their taxpayer is. Here are some tips to help you choose: First, find out [...]
