This article was published by the IRS. Although hurricane season is underway, disasters can happen anywhere and anytime. IRS.gov has information disaster survivors may need, including information about disaster-related filing extensions and tax relief. IRS.gov webpages These IRS.gov webpages have tax-related disaster relief information: IRS news from around the nation: News about disaster relief and tax [...]
This article was published by the IRS. Hobbies and businesses are treated differently when it comes to filing taxes. The biggest difference between the two is that businesses operate to make a profit while hobbies are for pleasure or recreation. Either way, if they are paid through payment apps for goods and services during the year, [...]
We wanted to update you on the provisions of the new tax bill that was signed into law on July 4 (the One Big Beautiful Bill Act). We recommend reviewing your current tax strategy in light of these changes. We are available to discuss how these provisions may impact your personal or business tax situation, and [...]
Once you’ve connected your bank account to online banking in QuickBooks, QuickBooks downloads your recent transactions every day. Let’s go over how to locate where the downloaded transactions ended up, how to review the transactions downloaded from your bank, and how to categorize, confirm, and post them so your books are accurate. Follow along with this [...]
We wanted to update you on the provisions of the new tax bill that was signed into law on July 4 (the One Big Beautiful Bill Act). We recommend reviewing your current tax strategy in light of these changes. We are available to discuss how these provisions may impact your personal or business tax situation, and [...]
