by admin | Jun 6, 2024 | Bookkeeper, Bookkeeping, Business, Depreciation, Financial Planning, Financial Reports, Financial Software, Tax Prep
Tracking depreciation is crucial for businesses for several reasons: 1. **Accurate Asset Valuation:** Depreciation allows businesses to accurately reflect the decrease in value of assets over time. By tracking depreciation, businesses can maintain more accurate asset...
by admin | May 24, 2024 | Bookkeeper, Bookkeeping, Business, Financial Planning, Tax Prep
Tax filing isn’t just a once-a-year event – it’s a year-round process that requires careful planning, preparation, and ongoing attention. Here’s why staying on top of your taxes year-round is essential: 1. **Record Keeping and Documentation:**...
by admin | May 18, 2024 | Bookkeeper, Business, Financial Planning, Tax Prep
After the tax season wraps up, business owners should take several essential actions to ensure their financial health and plan for the future. Here are five key steps: Review Financial Performance: Take a close look at your business’s financial performance...
by admin | May 6, 2024 | Bookkeeping, Financial Reports, Financial Software, Intuit, QuickBooks, QuickBooks Desktop
If you are new to QuickBooks, QuickBooks online may be all you know. But for QuickBooks OGs the discontinuance of the Desktop version is a significant change. For many years, QuickBooks Desktop offered significantly more advanced features than QuickBooks online. This...
by admin | Apr 22, 2024 | Financial Software, Intuit, QuickBooks, QuickBooks Desktop
In the world of business accounting software, Intuit QuickBooks has long been a staple for countless entrepreneurs and small business owners. However, recent announcements from Intuit regarding changes to their desktop model have left many users wondering how these...