March 24, 2021

The American Rescue Act – SIMPLIFIED

The following is a brief summary of the American Rescue Plan Act of 2021, which was signed into law on March 11, 2021. Economic Impact Payments […]
March 17, 2021

Tax Consequences of Crowdfunding

Raising money through Internet crowdfunding sites prompts questions about the taxability of the money raised. A number of sites host money-raising projects for fees generally ranging […]
March 17, 2021

Required Minimum IRA Distributions Will Resume in 2021

As part of the CARES Act, the requirement for older taxpayers to take required minimum distributions (RMDs) from their retirement plans was waived for 2020. This […]
March 17, 2021

Keep Up With Payables: Paying Bills in QuickBooks

This month, we’ll discuss paying your bills in QuickBooks. Open up Quick Books and click Pay Bills on the home page or open the Vendors menu and select Pay Bills. The […]
March 12, 2021

The American Rescue Plan Act Passed – How Does This Affect You?

The American Rescue Plan Act has passed and includes a third, much-anticipated, economic impact payment (EIP). This is one of several government measures intended to help […]
March 5, 2021

Mom & Pop Businesses Move to Front of the Line for PPP Loans

At the direction of the White House and effective on Wednesday, February 24, 2021, the SBA will establish a 14-day, exclusive PPP loan application period for […]
February 10, 2021

Should You Charge Late Fees? Quickbooks Can Help

Do you have a lot of aging receivables? Assessing finance charges can speed up customer payments. Have your customers been submitting payments later than usual these […]
January 20, 2021

2021 Standard Mileage Rates Announced

The Internal Revenue Service (IRS), each year, computes standard mileage rates for the use of a vehicle for business, medical and moving purposes based on a […]
November 11, 2020

10 Tips for Better Budgeting

If you already have a budget, it’s probably been difficult for you to stick with it for the last several months. Unless you provide products and/or […]