Blog

September 27, 2018

Refunds and Sales Tax in Quickbooks

Most of us are not using 100% of the power of the software at our fingertips.  You probably use about 10% of Word’s functionality, maybe 15% of Excel if you’re experienced.  If you are using Quickbooks, you may not know all the tricks, but […]
August 31, 2018

Why I recommend payroll services but not QB Payroll

In Washington, filing L & I is required. In my past experience and confirming with clients who still use QB Payroll, they don’t file WA L & I, that’s a good reason alone not to use QB Payroll. But the bigger reason is that […]
August 30, 2018

Cash versus Accrual, which one do I choose?

Knowing the difference between cash and accrual is a good first step.  Step two is knowing when it matters which one you use.  Cash and accrual are accounting methods. They are used when you are reviewing your financial statements, and when you are reporting […]
August 21, 2018

Can I deduct auto expenses and mileage?

This question comes to me so frequently that it’s actually part of our initial questions we ask new clients. Tax deductions are more of an accounting question than a bookkeeping question, but we know the basics of how this works. The IRS allows you […]
July 3, 2018

How do I calculate self employment taxes?

The IRS will charge you penalties if you do this wrong, so this question I received should be at the top of your list of ones to know the correct answer to. “Hi Russ, One question I have as I try to figure out […]
July 3, 2018

What should I do when I get audited?

Hi Russ, I’m in the middle of an audit and I’m supposd to meet the auditor in person this week. I don’t feel prepared but I know my business better than anyone so does it make sense for me to go? Thanks, Amy You […]
Book Free Consultation