Blog

How a Glaring Hole in Quickbooks Online Makes Life Difficult for Accrual-Basis Companies That Are Cash-Basis Taxpayers (And How to Work Around It)

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Quickbooks Online does many things well, but the inability to indicate if a journal entry should affect both accrual and cash basis reports or if it should only affect accrual basis reports is a glaring hole that can make things difficult for small business owners (especially for businesses with deferred revenue), so we came up with a workaround…

January 2019 Client Bulletin

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Our January bulletin looks at IRAs – Double (and triple) IRA season is here, reviewing your insurance coverage, and the IRS’s take on business meal deductions.

December 2018 Client Bulletin

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Our Dec 2018 bulletin looks at the affect of the new SALT deduction limits on home sales, the importance of powers of attorney, and how small businesses should handle year-end bonuses.

November 2018 Client Bulletin

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Our November client bulletin takes a look at tax planning for individuals and businesses under the new tax law, with a close look at changes to individual deductions.

October 2018 Client Bulletin

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Our October 2018 client bulletin takes a look the Supreme Court’s decision in the Wayfair case and how it affects e-commerce businesses, buy-write strategies for a flat market, and how bond ladders may hedge interest rate hikes.

September 2018 Client Bulletin

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Our September 2018 client bulletin takes a look at the IRS’s recent notice regarding changes to the SALT deduction, using life insurance as a hedge, and funding your buy-sell agreement with life insurance.