The 2019 tax season is quickly approaching and with it an increase in identity theft and W-2 scams. Small business identity theft is big business for identity thieves. Just like individuals, businesses may have their identities stolen, and their sensitive information used to open credit card accounts or used to file fraudulent tax returns for bogus refunds.
As the New Year rolls around, it’s always a sure bet that there will be changes to current tax law and 2019 is no different, now that the tax provisions under the Tax Cuts and Jobs Act of 2017 (TCJA) are in full effect. From standard deductions to health savings accounts and tax rate schedules, here’s a checklist of tax changes to help you plan the year ahead.
We look at restoring QuickBooks Desktop Statement Writer information in QuickBooks, after restoring a portable file. We observe, to start, the recovery process is applicable to situations where your data will have to be moved to another workstation. We explain why, here.
If you need to restore your QuickBooks Desktop portable file in a different folder location or workstation, your company logo, image, or template files won't come over - because they are not contained in the portable file itself. Bringing those over is fairly straightforward, giving us the opportunity to illustrate...
Like QuickBooks Loan Manager, setting up QuickBooks Fixed Asset Manager in QuickBooks Desktop takes care and time. You need the right details for each item, in order to properly add them to your QuickBooks company file. Part of the care taken involves populating your Fixed Asset Item List as thoroughly...
Continuing coverage of the QuickBooks Portable File restoration process within QuickBooks Desktop, recovering what doesn't come in when it's restored, we look at restoring your QuickBooks Loan Manager data. This, among the other items to restore, is likely the least rigorous. What is QuickBooks Loan Manager? QuickBooks Loan Manager doesn't contain any...
There is a NEW Employment Security Department remittance that starts on Jan 1 2019 called Washington’s Paid Family & Medical Leave Program.
Last time, we covered how to create and send a portable file in QuickBooks Desktop; and how to restore it when called upon. We also discussed what is brought in, and what is not, when a portable file is restored. Though addressing the restoration of items not brought in is initially daunting, knowing where things are located mitigates this. We will cover restoring each, on a blog by blog basis – starting with company letters in QuickBooks Desktop.
Much of the work you do in QuickBooks is short-term. You send an invoice and it gets paid. Your purchase order is fulfilled, and the products move into your inventory. You run payrolls and submit their related taxes and other payments.
If you asked five small business owners to name the top three roadblocks they face in their quest for ongoing profitability, it’s likely that all five would point to slow payments.