by | Sep 3, 2015 | Accounting & Bookkeeping, Books, Business Profit & Cash Flow Tips, Income Taxes, Personal financial planning, QuickBooks, Small Business Owners
Under the hobby loss rules you can’t deduct expenses in excess of income, so no loss is allowed. A recent tax court case (Akey, TC Memo 2014-211) involved a collector of sports memorabilia who also was a full-time quality assurance engineer. On his tax...
by | Oct 29, 2014 | QuickBooks, Small Business Owners, Web/Tech
QuickBooks GoPayment We have been using this app for a couple of years now. It is an easy-to-use app that can quickly create orders and then receive payments. You can receive payments by swiping a credit card on a reader or by scanning...
by | Sep 18, 2014 | QuickBooks
When an owner first installs QuickBooks, they are often overwhelmed by all of the information required to set up a new company. This is especially true for established companies switching to QuickBooks for the first time. The video covers how to...
by | Aug 2, 2014 | QuickBooks, Weblogs
When we talk about sharing QuickBooks files we could be speaking of either 1) two or more people working on the same QuickBooks file at the same time, or 2) sharing a file with your accountant. Let’s explore both situations. Two or more people working on the...
by | Apr 7, 2014 | QuickBooks, Small Business Owners, Small Business Success Series
The IRS has hired many new auditors and the audit rates for small businesses are increasing dramatically. Our local IRS office used to have only two auditors for the whole El Paso area. They now have over 20 auditors. If you’re audited, auto usage will...
by | Nov 27, 2013 | QuickBooks, Small Business Owners
Do you use QuickBooks to process sales? Do you keep your customers’ credit card numbers on file? Need a way to keep your employees from viewing this information while working in QuickBooks? Watch this video to see how simple this is to accomplish in...