How to achieve financial success.
Small business owners have so many business tax responsibilities – income taxes (federal and state of course) sales taxes (now hugely more complicated than even a year ago), excise taxes, city and county taxes, franchise taxes, many special taxes, and of course payroll taxes. This is where part of employee pay is withheld and reported [...]
The sales tax environment continues to evolve, mostly to the detriment on small business online sellers. Sales taxes are growing increasingly complex and impose great burdens on just about any business that must comply. The situation is indeed untenable, and a simpler solution is needed. But in the meantime, here is a discussion on the [...]
The Supreme Court decision in June 2018 on South Dakota v. Wayfair is changing the business landscape all over the U.S., and while there are many winners and losers, small businesses definitely don’t fall into the winner’s column as they are now responsible for complying with a multitude of new sales and use tax concerns, [...]
Sometimes you will run your normal QuickBooks accounts receivable (AR) reports, see amounts that are drifting further and further into the right Unpaid columns, and realize that the erstwhile customer is just not going to pay – voluntarily. In this case small claims court may be a great alternative. What is Small Claims Court? Small [...]
Inventory, warehouse and manufacturing management are rarely named as top features of Intuit QuickBooks Desktop or QuickBooks Online products. Many clients find these advanced features as difficult to learn and almost impossible in keeping up to date. Management must often deal with nonsensical numbers such as a balance sheet showing negative inventory or colossal amounts [...]