Do I Actually Need Bookkeeping?

Bookkeeping tracks the performance of an organization. Without this tracking, companies are left stranded at sea in the night with no lighthouses to guide them. Detailed financial records allow businesses to see what’s working and what isn’t so they can … Read More

Two New Features in QuickBooks Online

Thanks to the cloud, if there is one thing that is consistent about QuickBooks Online, it’s the ability to evolve the product for a business owners accounting needs. Here is an overview of two latest evolutions: The new Chart of Accounts … Read More

How to Customize QuickBooks Online Invoices

CUSTOMIZING QUICKBOOKS INVOICES 1. The first step in creating your invoices in QBO is to access the sales settings by clicking on the Gear Icon in the upper right corner in your QuickBooks. 2. Next, click Account and Settings, under “Your Company”. 3. In the Account and Settings window, click … Read More

Is Bookkeeping Actually Important?

Bookkeeping tracks the performance of an organization. Without this tracking, companies are left stranded at sea in the night with no lighthouses to guide them. Detailed financial records allow businesses to see what’s working and what isn’t so they can … Read More

IRS Releases 2021 Mileage Rates

The Internal Revenue Service (IRS) has issued its 2021 standard mileage rates. Beginning on January 1, 2021, the standard mileage rates for the use of a car, van, pickup or panel truck will be:   56 cents per mile for business miles … Read More

Taxable Employee Holiday Gifts

It is common practice this time of year for employers to give their employees gifts. Where a gift is infrequently offered and has a fair market value so low that it is impractical and unreasonable to account for it, the … Read More

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