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...
The Personal Responsibility and Work Opportunity Reconciliation Act of 1996 (PRWORA) is a federal law that requires employers to report specific information on new hires and rehired employees to the state. Generally, all new employees and rehires who are required to complete a Form W-4 must be reported. This includes full-time, part-time,...
With a growing national mobile workforce and the increasing complexity of network security, personal and business data protection should be top priority for all businesses, great and small, in the coming year. This e-book provides tips on best practices for handling data backups, potential ransomware, as well as cybersecurity training. Grab your...
You may have overpaid an employee because someone entered the wrong information into the system. Or maybe the employee or his or her supervisor submitted inaccurate data. Either way, this type of error is usually easily fixable. You do have to follow certain procedures, however. Reclaiming the Overpayment Under federal law, you...
There is a NEW Employment Security Department remittance that starts on Jan 1 2019 called Washington’s Paid Family & Medical Leave Program.
The Projects feature in QuickBooks Online Plus is not a full-blown project management software. Intuit introduced it more for small business owners who want to gain deeper financial insight on the work they do. You could call it “job costing light.” If you’re interested in the Project feature in QuickBooks Online...
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.
Complete the form above to view this webinar on-demand. QuickBooks 2019 has been released and there are new features and nuances that users are asking about. Some of the changes may not apply to everyone, but there are certainly some that do, and we want you to stay informed. Join Out...
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.