For every business owner, managing taxes is one of the most important parts of running a successful operation. Overpaying taxes can eat into profits, while smart planning can significantly improve your bottom line. The good news? With the right strategies, you can reduce your business tax liability legally and effectively. This guide breaks down the […]
3 Ways to Receive Payments in QuickBooks Online
Got customer payments coming in? QuickBooks Online has multiple ways to accept and record them. One of the biggest challenges small businesses face is managing a steady cash flow. Keeping income ahead of expenses is a constant balancing act. QuickBooks Online can help. With easy-to-use forms and a convenient mobile app, it helps you track […]
Make Sure to Not Claim an Ineligible Dependent on Your Taxes
Claiming dependents on your tax return can significantly reduce your tax liability through exemptions, deductions, and credits. However, claiming an ineligible dependent—whether accidentally or intentionally—can lead to serious consequences, including IRS penalties, delayed refunds, and even audits. Understanding the rules and repercussions is essential for responsible tax filing. Who Qualifies as a Dependent? Before diving […]
How to Set Up a Bookkeeping Cycle in QuickBooks Online
Do you have a regular schedule you follow with your QuickBooks Online work? It can be a good strategy. Bookkeeping is cyclical. You tend to do the same things over and over, which may get to be a bit of a drag for you. QuickBooks Online can automate some processes, and it certainly helps minimize […]
Do a Financial Review Mid-Year: Why It Matters and How to Do It
As the calendar year reaches its halfway point, many people are focused on vacations, warmer weather, and mid-year work goals. But there’s one more critical item that deserves your attention: your finances. A mid-year financial review is a smart, proactive step to ensure you remain on track with your financial goals—and can make the necessary […]
Managing Remote and Hybrid Workers
Whether or not the number of people working from office buildings ever returns to pre-COVID levels, one thing appears certain: Remote and hybrid work models are here to stay. Business owners and other managers who rely on individuals who are working remotely full- or part-time are refining and elevating their management skills so that they […]