Once you've connected your bank account to online banking in QuickBooks, QuickBooks downloads your recent transactions every day. In this video, learn how to categorize and confirm transactions so your books are accurate.
Do you own a vacation home you sometimes rent to others? If so, there are rules on reporting your rental income and expenses. For example, if you rent out your vacation home for only a short time (fewer than 15 days a year), you may not have to report it at all. That means generally, if [...]
If you decide to make the move from QuickBooks Desktop to QuickBooks Online, you can bring your company's information with you. Your customers, vendors, transactions, and more will be copied to your new file in QuickBooks Online. Follow these steps to prepare your data for the move and then copy it to your new QuickBooks Online [...]
It's important to think about hurricanes, tornadoes, and other disasters so you're prepared in case they happen. This includes safeguarding your tax forms and other financial records. First, you could take advantage of electronic record keeping. See if you can receive your bank statements and related documents by email. For paper documents such as W-2s and [...]
An Individual Taxpayer Identification Number, or ITIN for short, is for people who have a federal income tax filing or reporting requirement, but who are not eligible for a Social Security number. Taxpayers who need an ITIN can mail a completed Form W-7, along with the required identification documents and federal tax return, to the IRS. [...]
