Partnerships

If you have a business partner, this video is for you! A partnership is an arrangement between two or more persons to carry on a trade or business. Each person contributes money, property, labor, or skills, and expects to share in the profits and losses of the business. The partnership passes through any profits or losses [...]

September is National Preparedness Month

This article was published by the IRS. September is National Preparedness Month. With the height of hurricane season fast approaching and the ongoing threat of wildfires in many places, the Internal Revenue Service urges everyone to develop an emergency preparedness plan, or if they already have one, update it for 2022. Everyone, from individuals to organizations [...]

Truckers: Mark Your Calendars To File Form 2290

If a heavy highway vehicle is registered in your name, mark August 31 on your calendar. That's the deadline to file Form 2290, Heavy Highway Vehicle Use Tax Return. Here are a few other things to remember about this form: The heavy highway vehicle use tax applies to highway motor vehicles with a taxable gross weight [...]

How to Categorize Transactions in QuickBooks Online

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.

IRS Reminds Taxpayers Their Social Security Benefits May Be Taxable

This article was published by the IRS. A new tax season has arrived. The IRS reminds taxpayers receiving Social Security benefits that they may have to pay federal income tax on a portion of those benefits. Social Security benefits include monthly retirement, survivor, and disability benefits. They don't include supplemental security income payments, which aren't taxable. [...]

Go to Top