Bookkeeping

December 29, 2018

How to be bulletproof in an IRS audit in 2019

What is the IRS?  They are a collection department for the Treasury Department.  As collections agents, they only have one goal, get your dollars.  When a tax return is selected to be audited, the IRS sends a scary letter.  I have a copy of […]
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 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 […]
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