New Legislation Offers Up to $5,000 Incentives for US Shoppers
Representatives Ro Khanna from California and Debbie Dingell from Michigan, both members of the Democratic Party, have introduced new legislation designed to stimulate domestic spending and bolster American small businesses. The bill, known as the Made in the USA Tax Credit Act, was unveiled during a tour of manufacturing sites in Ann Arbor, Michigan, and […]
What to Charge for Bookkeeping Services?
Deciding how much to charge for bookkeeping services can be tricky for new and aspiring bookkeepers. Rates can vary greatly depending on your experience level, credentials, location, the scope of services provided, and client size and industry. In this blog post guide, we will provide you an in-depth guide on pricing considerations and typical ranges […]
8 Accounting Software Options for Small Businesses
As a small business owner, keeping your finances organized is critical to success. With the right accounting software, you can track income and expenses, run payroll, accept payments, prepare taxes, and more from one centralized platform. However, with so many options on the market, it can be overwhelming trying to determine what best fits your […]
Setting Up Sales Tax in QuickBooks Online: A Step-by-Step Guide
Navigating the complexities of sales tax can be a daunting task for any business. Fortunately, QuickBooks Online (QBO) simplifies this process with its intuitive sales tax setup feature. Properly configuring sales tax in QBO ensures compliance with tax laws and streamlines your invoicing and financial reporting. Here’s a detailed guide on how to set up […]
Analyzing Customer and Vendor Data in QuickBooks Online
In the realm of business, understanding your relationships with customers and vendors is key to success. QuickBooks Online (QBO) provides robust tools for analyzing customer and vendor data, enabling businesses to gain valuable insights into sales trends, purchasing patterns, and overall financial health. This article guides you through the process of analyzing this vital data […]
Navigating Uncertain Markets: Picking the Winning Gold Stock for Investors
In an era marked by fluctuating markets, gold’s allure as a stable investment shines ever brighter. Gold’s intrinsic value and proven resilience make it an appealing choice during economic uncertainties. Highlighting this trend, Warren Buffett’s Berkshire Hathaway (NYSE: BRK.B) made headlines in 2020 with its investment in Barrick Gold (NYSE: GOLD), signaling a strategic shift […]
Inmate Orchestrates $550 Million Fraud in Covid Tax Credits, Federal Authorities Reveal
A prison inmate in California, Kristopher Thomas, serving a sentence for a gang-related murder, has been accused of orchestrating a massive fraud scheme defrauding the U.S. government of over $550 million in federal tax credits, as stated by prosecutors. Thomas, 36, has been incarcerated at Kern Valley State Prison since December 2010 and is serving […]
What is included in bookkeeping services?
Understanding the Basics of Bookkeeping Bookkeeping lay at the heart of every successful business. It involves tracking and recording all financial transactions, payments, and receipts that occur throughout the accounting cycle. Whether you’re just starting out or have been in business for years, maintaining accurate books is crucial for compliance, planning, and overall management. While […]
The Crucial Role of Financial Reporting
As a business owner, having a solid grasp of your company’s financial position and performance is undoubtedly one of the most fundamental drivers of growth and profitability over both the short and long term. While day-to-day activities like sales, operations, and service delivery keep you busy, the data, trends, and insights revealed through essential bookkeeping […]
Navigating the QuickBooks Online Dashboard: A Comprehensive Guide
In the digital era of business, managing financial data efficiently is crucial for success. QuickBooks Online (QBO) offers a dynamic solution with its user-friendly Dashboard, a central hub for financial management and analysis. This article explores the functionalities of the QBO Dashboard and how it can be a pivotal tool for businesses, followed by how […]