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Tips for Students Who Want to Be Accountants

As college students survey the current landscape for post-graduation careers and jobs, they have a lot to be happy about. Unemployment claims have fallen to a 50-year low while companies across industries struggle to attract and retain employees. But the job market will always have its ups and downs, so

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The Best Ever Solution to QuickBooks Error 12031

QuickBooks error 12031 usually appears while updating QuickBooks Desktop and its added features. There are several update errors that a user might encounter while running QuickBooks update, where 120XX series of error appears as a result of internet connectivity issues. If QuickBooks experience difficulties connecting to the internet, it not

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How to Fix QuickBooks Desktop Point of Sale Installation Errors?

Like other versions of QuickBooks Desktop, POS (Point of Sale) also encounters some common installation errors that can be fixed easily by following simple troubleshooting steps. In this article, we will discuss POS installation Error 1304, Error 1642, Error 1706, and the error unable to start the IntuitUpdateService. Some of

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Do Clients Qualify Shareholders for Section 1202?

Section 1202 can exclude long-term capital gain on the sale (or sales) of stock in a C corporation.  It is one of the current incentives for operating as a C corporation.   There are different rules depending on when the “qualified small business stock” was acquired. The stock needs to be

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Why Cheap Credit is a Financial Planning Concern

How would a rising interest rate environment affect your clients? The first group to consider would be retired clients who are living on a fixed-income dream (think: a return to 8 percent yields on Treasury bonds and Certificates of Deposit, last seen in the 1980s). While they may wait some

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[FIX] – QBCFMonitorService not running on this computer Error

Undoubtedly, QuickBooks is the best and the most commonly used accounting software worldwide. However, it requires numerous background services and processes to function efficiently. One of the critical QuickBooks services is QBCFMonitorService. This is referred to as QuickBooks Company File Monitoring Service, executed from the qbcfmonitorservice.exe file. Usually, you can

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Emerging Fraud Risks to Put on Your Radar for 2022

Many businesses around the globe are struggling to find enough skilled workers to fill their needs. Yet there’s one sector that never seems to have a shortage of increasingly talented labor: cybercrime. Plenty of organizations “on the dark side” are attracting more, and more sophisticated, talent.  Statistics from research published

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An Inclusive Guide to QuickBooks Error 1327

QuickBooks is a leading accounting software that undoubtedly provides the most reliable tools and features to its users for the smooth run of their business. Nevertheless, there can be internal faults in the application that can lead to complicated and sometimes irrecoverable errors like QuickBooks Error 1327, which is an

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Can the Employee Retention Credit Return?

A bipartisan group of Congressional representatives—including Stephanie Murphy (D-FL), Terri Sewell (D-AL), Carol Miller (R-WV), and Kevin Hern (R-OK)—introduced H.R. 6161, the “Employee Retention Tax Credit (ERTC) Reinstatement Act,” to undo the early termination of the ERC that was enacted by the Infrastructure bill on November 15. The new bill

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QuickBooks Outlook is Not Responding! Here’s How to Fix it

Outlook is a part of Microsoft Office and is used as an email manager. It is not just limited to sending emails; it can also be integrated with several third-party Windows and online apps to provide email functionality. Once integrated with QuickBooks Desktop, a user can quickly send emails using

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