If you’re running a small business that sells items subject to sales tax, you want to do good accounting for sales tax. You need to show the right s … [Read more...] about How to Record Sales Tax in QuickBooks
Recording Customer Deposits in QuickBooks
Here’s a key piece of information to know. Taxpayers almost always need to report payments from customers as income to the IRS when cash is received, n … [Read more...] about Recording Customer Deposits in QuickBooks
Inside Tips for WA Small-Business Owners Using the SHOP Exchange
This is the time of year when small business owners often need to work with the Washington State SHOP Exchange. For this reason, I thought it'd make … [Read more...] about Inside Tips for WA Small-Business Owners Using the SHOP Exchange
Walter White Wished He’d Had a PPO
People often think about holiday stuff at year-end. And this focus makes sense. As a society, we enjoy a ton of holidays falling in November, December … [Read more...] about Walter White Wished He’d Had a PPO
What to Know About Buying Health Insurance in WA
Okay, so the New Year is right around the corner and that means, among other things, that now is the time to make health insurance decisions for the … [Read more...] about What to Know About Buying Health Insurance in WA
DIY QuickBooks Troubleshooting for A/R and A/P
Small businesses attempting to troubleshoot QuickBooks Accounts Receivable (A/R) and Accounts Payable (A/P) can often feel like the whole process … [Read more...] about DIY QuickBooks Troubleshooting for A/R and A/P
How to Record Revenue in QuickBooks
This short blog post explains how to record your business’ revenue in QuickBooks. I’ll explain when to use the Create Invoices feature versus the Ent … [Read more...] about How to Record Revenue in QuickBooks
How to Record Expenses in QuickBooks
This short blog post explains how to record your business’ expenses in QuickBooks. I’ll explain when to use the Enter Bills command versus the Exp … [Read more...] about How to Record Expenses in QuickBooks
Do You Have a Foreign Trust to Report to the IRS?
U.S. taxpayers get get tripped up more easily than they usually realize when it comes to interests in foreign investments or income from foreign … [Read more...] about Do You Have a Foreign Trust to Report to the IRS?