Good news from the QuickBooks Online world! You can now adjust and create payrolls in the past, even in closed quarters or a closed year. This means you can record or edit past checks, void checks, or void direct deposits. If you wrote a manual check and forgot to record it, there's no longer any need [...]
Make sure you're ready for year-end! If you’ve already paid employees this year, you’ll need to tell QuickBooks which payroll taxes you’ve paid so far. This keeps QuickBooks from paying any taxes you’ve already paid. Before you start, you’ll need to have your tax payment receipts or payroll liability reports from your previous payroll service showing [...]
This IRS webinar specifies the U.S. income tax obligations of U.S. citizens and residents abroad; lists the requirements for claiming the foreign earned income exclusion; and summarizes the U.S. employment tax obligations of U.S. citizens and residents abroad. This is a topic that can cause a lot of confusion among taxpayers, especially among those living or [...]
This IRS webinar explains the impact of residency status on U.S. taxation. It differentiates residency status under U.S. immigration law versus U.S. tax law, and determines an individual’s residency status for U.S. tax purposes. It also describes the special tax rules that apply to dual-status individuals. Make sure you're up-to-date on this complicated aspect of tax [...]
A more powerful QuickBooks now has the ability to put a team of Intuit AI agents and access to trusted experts by your side, helping you save time, make confident decisions, and grow with clarity. Intuit AI agents can serve as a customer agent, payments agent, accounting agent, and finance agent. They can help you generate [...]
