Category: Bookkeeping

  • Sports Betting Taxes: Requirements & Tax Planning Intuit TurboTax Blog

    Therefore, retaining receipts, tickets, records of wagers, and any other relevant documentation is essential for individuals to substantiate their claims. Yes, the payer (think casino) reports a copy of your winnings statement (W-2G) to the IRS. The IRS will know if you’ve received gambling winnings in any given tax year. Even if your gambling winnings…

  • A Step-by-Step Guide to Integrating Gusto with QBO How to Sync

    Gusto provides a range of plans to suit different business needs, from basic payroll processing to full-service HR management. We understand that every business is unique, and we tailor our approach to meet your specific needs and goals. Whether you’re a small startup looking to streamline your finance operations or a growing company seeking to…

  • Money blog: Prize fund rate for Premium Bonds lowered

    In this blog, we’ll break down everything you need to know about book value, its importance, and how to use it effectively. Additionally, you’ll get a simple step-by-step guide and a real-world example. Additionally, its benefits, limitations, and best practices will be shared with you to help you get the most out of this tool.…

  • How to Outsource Your Bookkeeping

    If you are a small business or a startup then you are probably not sure what all the various reports mean. The outsourced bookkeeper will explain what each report means so you can then base your business decisions upon that. The bookkeeper will go into detail so that you can understand your business’s current position…

  • Legal Trust Accounting in QuickBooks and Clio for Lawyers

    You’ll want to fund your trust with money and the easiest way to do that is by setting up a trust bank account. This is especially important if you’re setting up a trust fund, which provides money to your beneficiaries. You can create a new bank account for your trust or you may be able…

  • QuickBooks Online Review 2024: Features, Pros & Cons

    Your clients and your business will get their own space for data and shouldn’t be findable by other cloud users. Both versions offer automatic syncing with your bank so you can categorize transactions. Add payroll to QuickBooks Online starting at $45 per month, or to Desktop starting at $50, plus $2 per employee, per month.…

  • How to Become a Bookkeeper: A Step By Step Guide

    Many small businesses decide to complete their accounts but are unsure how hard bookkeeping is. The answer to this question depends on your experience and understanding of accounting principles, tax knowledge and the complexity of your business’s finances. The skills needed to become a successful bookkeeper are often acquired through working in a career in…

  • Options and Pricing for ADP Workforce Now®

    When we tested the feature, we were contacted by the company by email and telephone within one business day. Managers start the onboarding process by choosing “Start a New Hire” on the right side of their HR dashboard to begin the new hire workflow. Much of the hassle of managing workforce changes is eliminated by…