Special tax benefits are available for those providing daycare services for children and the parents who pay for those services. We take a look at the various tax deductions daycare providers may use and the childcare tax credit that the parents may claim.
COVID-19 may have kicked off a severe labor shortage, but longer-term demographic trends are partly to blame for this highly unusual job market.
How do you get customers to pay by the due date, or at least not long after? QuickBooks Online offers another tool for accelerating incoming payments: automated reminders.
As a business owner should you be the center of the universe for your business? This can happen when you have too much responsibility maintaining customer relationships, developing the processes, or being the only one who can make decisions. For a small business, growth may create the need to decentralize to continue efficient operations.
The more preparation time you put in to making your company a profitable venture will make the sale of your company easier and more successful. Good exit planning strategy is actually good business strategy.
If you use independent contractors to perform services for your business, for each one that you pay $600 or more for the year, you are required to issue the worker and the IRS a Form 1099-NEC no later than January 31, 2022, for 2021 payments.
How much cash should your business have on hand? It varies by industry. In the January 2022 episode of “Our Three Cents” our business experts discuss how working capital needs are an integral piece of information for business owners.
Is your QuickBooks company file ready for 2022? Here are three things you can do to put things in order.
QuickBooks was designed to be used by numerous types of small businesses. Custom fields help you tailor it to meet your own needs.
While running your own small business offers plenty of upsides, it also means you’re responsible for every aspect of operations, including accounting. We offer five simple steps to get you started.
