Intuit’s QuickBooks Online Accountant move is designed to give accountants access to new features such as custom reporting and batch transactions — all at no cost, and without the loss of any data or functionality. QuickBooks Online Advanced was built to help accountants grow their firm, scale processes and magnify the
As shown in Costello, TC Memo 2021-9, 1/25/21, the taxpayer must effectively be actively conducting a trade or business to qualify for tax deductions. Background: The key tax law provision for business expense deductions is Section 162. It permits a taxpayer to write off all the “ordinary and necessary” expenses of carrying
Clients aren’t always on board with changes or buy-in on automation, even if they involve moving away from manual processing to more automated ones. Moreover, it’s very helpful to give clients as much information as possible so they feel comfortable making a switch. Here are a few handy tricks to help customers
When it comes to advisory services, firms – large and small – across the accounting profession use words such as “agile” and “creative” to describe themselves and their advisory teams. By their very nature, advisory services are anything but cookie-cutter. The service being offered is more of a framework than
A user might encounter several errors on their way to register or activate QuickBooks Desktop on Windows. “QuickBooks registration error” or “QuickBooks activation not working” error message mostly appears because of incorrect QuickBooks license information. Most of the times counter checking the license number and product code received online or
If you are facing issues updating, repairing, installing, or uninstalling QuickBooks Desktop application, then you might have encountered QuickBooks error 1328. As there are several reasons that trigger this error in the application, error 1328 is one of the most common errors encountered by the QuickBooks users. However, troubleshooting this
The COVID-19 pandemic and the lockdowns have affected some businesses far more than others. Restaurants are a good example. At one point, they were closed. Then they could reopen, but only for outdoor dining. Then indoor dining was allowed, albeit at a fraction of full capacity. The stand-up bar side
There are various errors that users encounters while installing and updating QuickBooks Desktop. One such errors is QuickBooks Error 1603 that in most instances occurs while installing QuickBooks on Windows for the first time. Primary reasons that trigger error code 1603 includes, Windows security policies interfering with the download and
Although most clients may never have to experience an IRS audit, professionals need to hope for the best, prepare for the worst and put clients’ minds at ease. There are three useful informational resources accounting professionals can rely on for audit guidance: 1. IRS Documentation The IRS publishes forms, instructions and
For most of us, the last 12 months have been a rollercoaster, a fast-track MBA in change management and and definitely an era with a steep learning curve, particularly in terms of technology tools. When the COVID-19 pandemic began in early 2020, I started bringing different communities within industries together, with