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Browse our latest articles for practical bookkeeping advice, QuickBooks tutorials, and accounting strategies. Discover tips for efficient financial management and stay informed with current updates tailored for modern businesses.
QuickBooks Consulting Services at Out of the Box Technology

Whether you are brand new to using a software package, trying to grow with it, moving away from it or just want it to work best for you, we have a solution for that! Every business evolves with time. With that evolution comes changes in business processes as well as staff. Regardless of what drives…

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Good bookkeeping is crucial to the success of your business. But there is more to it than balancing your checkbook. Whether you just want someone to do the data entry for you, or you need everything reconciled, we can do as much or as little of the monthly processing as you require. Since we speak the same language, we can act as the liaison with your tax preparer, ensuring that closing entries are posted and financials tie to tax returns. out of the box technology's Bookkeeping manager will speak about the way we work with clients to ensure a successful relationship when it comes to handling your books. Don't miss this one!
All About Bookkeeping!

Bookkeeping is the foundation of a well-organized financial system, crucial for any business, regardless of size. It involves systematically recording and managing all financial transactions to ensure accurate and comprehensive financial records.

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the ualified small busienss stock exclusion is sometimes referred to as section 1202. the exclusion of 100% of the gain on the sale or exchange of qualified small business stock acquired after semptember 27 2010 held longer than five years.
What are Tax Breaks I Should Know About, But Don’t?

  As the driving force in today’s economy, small businesses benefit from numerous tax breaks in the tax code. One of these, the Qualified Small Business Stock (QSBS), was made permanent by the PATH Act (Protecting Americans from Tax Hikes Act of 2015). If yore a small business investor, hers what you need to know…

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The insights gained in the teleconference demonstrate Avalara’s continuing commitment to being at the forefront of the, once static, world of Sales Tax. If you are just learning of Sales Tax Nexus, or Wayfair Inc. vs South Dakota, here is a list of previous articles; and a recent webinar we did with Avalara, which you can review at your leisure:
How the Sales Landscape has Changed Over the Past Year

Avalara is back with us again for Technology Tuesday!

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Becoming an Out Of The Box Technology Client

Embarking on a journey with Out of the Box as your QuickBooks partner means choosing a path of unparalleled expertise and tailored solutions for your business.

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us taxpayers with foreign accounts exceeding certain thresholds may be required to file Form FinCen114 - FBAR and Form 8938 - also referred to as FATCA
What Must I Know About Reporting Foreign Income?

If you live or work abroad, outside the United States, you generally must file and pay your tax in the same way as people living in the U.S; this includes people with dual citizenship.

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this looks at job costing - as done through QuickBooks Desktop. It looks at the time and place for job costing therein; and why your business should and should not consider it.
QuickBooks Desktop Job Costing: The Beginner’s Cheat Sheet

If you want a version of QuickBooks for service professionals, it shouldn’t be difficult to obtain one because QuickBooks Pro, QuickBooks Premier, QuickBooks Accountant Edition, and QuickBooks Enterprise (all subscription levels) include this feature. Start your digging and delve into the why, the how and the when of QuickBooks Job Costing.

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All income is taxable unless the law specifically excludes it, but as you might have guessed, there's more to it than that. With that in mind, let's take a closer look at taxable vs. nontaxable income.
Taxable Income: How Do I Determine This? [ANSWERED]

Taxable Income vs Non-Taxable Income constantly takes on a dynamic shape. With a bevy of new legislation in the last few years, determining this is a little more difficult for taxpayers.

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Sometimes numbers can be just too overwhelming for a business owner. How much money is in the bank? How much money do we owe? How many inventory items do we have? How many need to be shipped? The good news is there’s a way to gain control by understanding reporting in QuickBooks, particularly Enhanced Custom Reporting.
A Guide to Custom Reporting in QuickBooks

Sometimes numbers can be just too overwhelming for a business owner. How much money is in the bank? How much money do we owe? How many inventory items do we have? How many need to be shipped? The good news is there’s a way to gain control by understanding reporting in QuickBooks, particularly Enhanced Custom…

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yes, there are ways you can file for a tax filing extension for tax year 2019.
Do I need to file a tax extension? How do I file one?

Tax Extension is a regular occurrence for individual taxpayers, and businesses who are liable to pay business taxes – whether we look at sole proprietors, S Corporations, C Corporations, etc. There are often legitimate reasons to file a tax extension. Read further for the pros, cons, pointers, etc.

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Speed of Cash – The Solution to Financial Mismanagement

Complete the form above to watch the webinar on-demand. The Small Business Administration says more than half a million businesses close each year – that’s 57 business closures every hour, around the clock. 65% of businesses blame financial mismanagement for failure. What’s more, companies can be profitable and yet be unable to pay their bills….

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Your finance charges have now been recorded in QuickBooks as individual invoices. When it’s time to print: Open the File menu Select Print Forms Select Invoices. You will see your numbered finance charge invoices displayed like this: Of course, if you email invoices, you would click on File | Send Forms.
How Do I Enter a Finance Charge in QuickBooks? [ANSWERED]

The workflow for assessing finance charges within QuickBooks Desktop

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Naomi Baba

Owner of Shine Wellness Clinic

Laura has been a phenomenal asset to me and my business. Being a brand new franchise business owner, the financial side was all foreign to me. Laura took extra time and care with me through the entire process. She attended more than one meeting with my team so we could go over the numbers together. I truly can’t say enough about how much she has helped me.

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