How Do You File an Amended Tax Return?

How Do You File an Amended Tax Return?

It’s easy to make mistakes when you’re doing your own tax preparation. The IRS has a special procedure for fixing them. That sense of accomplishment you feel after you’ve filed your income taxes can turn quickly to dread if you realize later that you made a...
What Is a Vendor Credit, and How Do You Record One?

What Is a Vendor Credit, and How Do You Record One?

Whether you’re getting a vendor credit for a refund or a return, you can record it in QuickBooks Online. When you’re dealing with your company’s vendors, you’re probably accustomed to money flowing in one direction: theirs. Maybe you send them to purchase orders and...

Taking Your Company Paperless

Going paperless has been the way of the future in business over the past decade. People might have scoffed at the idea a few generations ago, but millennials and those who conduct business with them demand innovative solutions not only for the environment but also to...
Preparing for 2017 Taxes: 5 Things You Can Do Now

Preparing for 2017 Taxes: 5 Things You Can Do Now

Your income tax obligation needs to be on your mind year-round. Here are some ways you can get a jump on your 2017 taxes. Summer’s over. The kids are back in school. And soon, there’ll be only three months left in 2017. If you haven’t started thinking about how to...
Decision-Ready Financial Reporting for Your Salon

Decision-Ready Financial Reporting for Your Salon

Decision-Ready Financial Reporting for Your Salon or Spa Financial reporting is a crucial element for any business as it helps in making decisions. Reports such as Profit and Loss, Balance Sheet, and Cash Flow Statements are helpful with the growth analysis of small...