xendoo

APRIL 13, 2023

Did you know 82% of small businesses fail due to cash flow management? At Xendoo, we know you didn’t start a business to do the accounting and taxes; but we did. At Xendoo, we know you didn’t start a business to do the accounting and taxes; but we did. Even if you can’t pay in full, the IRS will work with you.

bookkeeping 52

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LyfeAccounting

MAY 25, 2021

So quick math here… Basically, if you had $100 this month last year, well it’s worth about $96 today just based on that 4.2% and it’s heating up more, averaging 2.4% Why is Inflation Happening? Now, why is this happening? There are times when inflation is good and when inflation is bad.

Tax 87

Tax Real Estate accounting and finance tax return 87

Snyder

JULY 13, 2022

And most importantly, why aren’t the majority of sellers on Twitter and Reddit satisfied with the new eBay Managed Payments changes even though eBay itself is highly positive about this innovation? How to set up Managed Payments account on eBay. What does this transfer to managed payments mean for their sales rates and business flow?

E-commerce 98

E-commerce accounting and finance Sales quickbooks 98

5 Minute Bookkeeping

MARCH 25, 2021

When you’ve got a problem in QuickBooks Online, the ‘easy fix’ is making a journal entry…right? As an accounting professional, you may have been trained to use journal entries liberally (I know I was), but in QBO there are some situations where journal entries help, and some where they can really mess up the books !

quickbooks 98

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Xero

JANUARY 14, 2024

We’ve only just woken up to this new world of AI, but the implications for businesses — and the economy and society at large — are hard to overstate. Trend #1: The cost of AI will need to be managed The next big thing for AI will be cost — or rather, how to contain the runcost of AI.

Technology 84

Technology Manufacturing Start-ups Account 84

Nancy McClelland, LLC

NOVEMBER 8, 2023

One of my favorite books when I was a kid was “ Hail, Hail, Camp Timberwood ,” about a girl who goes to summer camp for her first time. All of a sudden, someone runs up to her and gives her a big hug and says how happy she is to see her again. I was just feeling left out and figured I’d join ‘em.”

quickbooks 98

quickbooks bookkeeping Start-ups Account 98

ThomsonReuters

OCTOBER 27, 2023

But, many accounting firms offering pro bono services fail to take a strategic and organized approach, opening themselves up to a host of potential challenges. Another challenge is that some clients don’t appreciate the value you’re giving them when you do offer pro bono services.

Account 59

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Nancy McClelland, LLC

JANUARY 18, 2024

It seems that for 2023, Gusto has slightly changed the details for how they handle distribution of 1099 and W-2 forms — and so that no one ends up without a copy of their important documents, I am sharing the step-by-step process that we went through for our own firm, in hopes that it helps you manage it in your own small business.

payroll 52

payroll Start-ups Tax CPA 52

ThomsonReuters

APRIL 25, 2024

That’s why it’s important to have a thorough understanding of the tax implications, contribution limits, and distribution rules associated with various retirement accounts, including 401(k)s, IRAs (Traditional and Roth), and pension plans. Jump to: • 10 tax-efficient retirement strategies • Do you pay taxes on retirement income?

Tax 52

Tax Account accountant accounted 52

inDinero Accounting

DECEMBER 13, 2021

That’s why 71% of businesses rely on outsourced accounting to help them track their financial data. However, even with an accountant, you still need a way to keep records. That’s why a reliable accounting software is so important. Easy Invoicing : You can create and send invoices in a fraction of the time.

NetSuite 104

NetSuite accounting software quickbooks Account 104

Nancy McClelland, LLC

DECEMBER 26, 2023

As is the case every year, we’re hearing from lots of folks confused about when to send a 1099 form or other “information returns” to someone. The most important point is that only businesses need to issue 1099s — if you paid someone for personal purposes, you are not (yet) required to send them or the IRS a Form 1099.

bookkeeping 52

bookkeeping tax return Non-Profits Tax 52

Nancy McClelland, LLC

DECEMBER 26, 2023

As is the case every year, we’re hearing from lots of folks confused about when to send a 1099 form or other “information returns” to someone. The most important point is that only businesses need to issue 1099s — if you paid someone for personal purposes, you are not (yet) required to send them or the IRS a Form 1099.

bookkeeping 52

bookkeeping tax return Non-Profits Tax 52

Reckon

MARCH 26, 2023

If you’re looking to grow your business and attract new clients, you need to sharpen your digital marketing sword. So, if you want to float not flounder, let’s jump into the primary modes of digital marketing and some strategies you can deploy to squeeze as much juice out of it as you can. Know what your goals are.

Gaming 52

Gaming Start-ups Sales Technology 52

Nancy McClelland, LLC

AUGUST 21, 2023

That probably means you — and if this sends you into a panic, no fear… we’re going to outline what the requirements are and will offer a couple of suggestions for getting into compliance. Why Is Illinois Making Small Business Owners Do This? What Is Illinois Secure Choice?

Illinois 52

Illinois Non-Profits payroll Start-ups 52

Nancy McClelland, LLC

AUGUST 21, 2023

That probably means you — and if this sends you into a panic, no fear… we’re going to outline what the requirements are and will offer a couple of suggestions for getting into compliance. Why Is Illinois Making Small Business Owners Do This? What Is Illinois Secure Choice?

Illinois 52

Illinois Non-Profits payroll Start-ups 52

Nancy McClelland, LLC

NOVEMBER 8, 2023

One of my favorite books when I was a kid was “ Hail, Hail, Camp Timberwood ,” about a girl who goes to summer camp for her first time. All of a sudden, someone runs up to her and gives her a big hug and says how happy she is to see her again. I was just feeling left out and figured I’d join ‘em.”

quickbooks 52

quickbooks bookkeeping Start-ups Account 52

LyfeAccounting

JULY 27, 2021

So in this post, we want to just briefly answer the question, do some math and calculations with you and try our best to help you make the best decision possible. So do you need more than one LLC for your rental properties? 3 Factors to Consider If You Want Multiple LLCs for Real Estate Investing. Keep reading!

Real Estate 52

Real Estate Legal accounting and finance Start-ups 52

Xero

MAY 11, 2022

What is the Black Business and Professional Association (BBPA), and why was it founded? BBPA was founded in 1982 by Denham Jolly, when he got a group of Black business people together. Can you tell me more about some of the programs and services that you offer at BBPA in addition to the Harry Jerome Awards?

Non-Profits 80

Non-Profits Education bookkeeping Start-ups 80

CPA Practice

SEPTEMBER 14, 2023

Technologists Randy Johnston and Brian Tankersley, CPA, talk about how they keep up with the latest accounting, business, and advanced technology. This is Randy Johnston with my co host, Brian Tankersley, CPA.CITP, CGMA, and today we’d like to talk to you about how we keep up with technology. SPEAKERS Randy Johnston, Brian F.

Technology 59

Technology Kansas Tennessee Start-ups 59

LyfeAccounting

JULY 3, 2021

How to start a nonprofit organization in 2021 – otherwise known as a 501(c)(3) organization. So you win in both ways, you save on taxes and you support your favorite social cause. So in this post, we’re going to show you exactly how to start a nonprofit organization in 2021, step-by-step.

Tax 52

Tax Georgia Start-ups Legal 52

LyfeAccounting

AUGUST 10, 2021

So, what do you do when you have an amazing business idea, but no money to fund it? But spoiler alert: while raising money may seem difficult, there are more ways than ever before to get funding for a business, and getting capital is a lot easier than you may think. . How to raise money for a new business?

accounting and finance 52

accounting and finance Finance Start-ups Gaming 52

LyfeAccounting

MARCH 25, 2021

.” Well, the truth is, sometimes you need an LLC, and guys, sometimes you don’t. So in this post, we want to set the record straight, eliminate the confusion, and breakdown who needs an LLC and who doesn’t. We got 6 disadvantages of LLC and reasons why you don’t need an LLC. Let’s get into it!

Legal 52

Legal Tax accounting and finance accounting firms 52

Snyder

MAY 18, 2022

You may be familiar with Buy Now, Pay Later as a concept. Perhaps you saw it the last time you were in a mattress store, or when you were browsing your favorite online clothing store from where you and your colleagues were working in silos. What exactly is Buy Now Pay Later? Image source.

E-commerce 52

E-commerce Sales accounting and finance Start-ups 52

inDinero Accounting

DECEMBER 13, 2021

That’s why 71% of businesses rely on outsourced accounting to help them track their financial data. However, even with an accountant, you still need a way to keep records. That’s why a reliable accounting software is so important. Easy Invoicing : You can create and send invoices in a fraction of the time.

NetSuite 59

NetSuite accounting software quickbooks Account 59

5 Minute Bookkeeping

APRIL 22, 2021

QuickBooks cleanup projects can easily become overwhelming and time-consuming, especially if you’re not sure where to start. That’s why I always recommend using a cleanup checklist for successful QBO cleanups. It will help you stay on track, make sure nothing is missed, and give you confidence in the end result.

quickbooks 52

quickbooks bookkeeping tax return E-commerce 52

Ryan Lazanis

SEPTEMBER 1, 2023

If you want to see the best cloud accounting software apps all in one place, then you’ll LOVE this ultimate list. Each item in the list will contain a brief description and will focus on how you can level up your accounting automation. You probably can’t go wrong with the best-known web-based option. Ready to dive in?

accounting software 98

accounting software quickbooks Account accountant 98

LyfeAccounting

JANUARY 28, 2021

?. If you’re someone who plans to go into business or makes a lot of money then chances are you will become an accredited investor. And that’s awesome because accredited investors can get some huge tax advantage and in some cases, you can end up paying very little to no taxes. What is Accredited Investing?

Tax 52

Tax Real Estate Government Start-ups 52

LyfeAccounting

MARCH 10, 2021

You work hard for your money, s o why would you want to give it away for free? Well, if you want to put yourself at risk of IRS tax penalties in 2021, then you’re doing exactly that. That’s why in this post, we’re going to talking about 5 major things you need to know about tax penalties.

Tax 52

Tax tax return Real Estate Government 52

LyfeAccounting

MAY 27, 2021

You go to check the mail as usual. You see you’ve gotten mail from the Department of the Treasury… aka the INTERNAL REVENUE SERVICE. Well, what should you do? You have to respond. What do you say? Today, we are going to break down what you should do if and when you receive an IRS letter.

tax return 52

tax return audit Tax accounting and finance 52

LyfeAccounting

NOVEMBER 16, 2020

That’s why in this post, I want to help you forget and forgive your PPP loan. But there are some convincing arguments about why you should be a little bit patient and wait. So today, I’m gonna go over some things that you need to know before you apply for PPP loan forgiveness. It’s GOOD to forgive.

payroll 52

payroll income tax Tax accounting and finance 52

LyfeAccounting

OCTOBER 14, 2020

You see, here at LYFE Accounting, we handle the books for small business owners everyday and have a time-tested 6-step process that helps small businesses make better financial decisions that lead to greater profitability. Let’s get started by answering this question first- what is bookkeeping? Of course, you have!

bookkeeping 52

bookkeeping financial statements accounting and finance Maine 52

PYMNTS

JANUARY 31, 2020

It’s the end of the workweek, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in payments and commerce news. Karen Webster caught up with Dan Burkhart, CEO and co-founder of Recurly , to get a keener sense of what’s to come with subscription payments and commerce.

Technology 52

Technology Sports accounts payable Gambling 52

Snyder

JUNE 3, 2022

You may come across information about 3 types of cloud computing services: IaaS (Infrastructure-as-a-service) PaaS (Platform-as-a-service) SaaS (Software-as-a-service). Being young, innovative and trustworthy, cloud computing enjoys ever growing popularity in today’s global world. SaaS business model. A bit of history and statistics.

Maine 52

Maine E-commerce B2C Technology 52

LyfeAccounting

JULY 1, 2021

No matter how you receive income, where you receive income, or why you receive income, you can bet that the IRS wants their fair share of it. But you’d be surprised at the number of things that are considered taxable that you never would have thought of. Top 10 Outrageous Things You Are Taxed On.

Tax 52

Tax Gambling tax return income tax 52

ThomsonReuters

MARCH 22, 2021

Keeping Up with Taxes. So, why the brief history lesson on American Colony taxes? To illustrate the point that there are a lot of taxes to keep up with, even back in Colonial times. The questions can keep adding up and the confusion can keep growing. What can help with this daunting task of keeping up with taxes?

payroll 52

payroll Tax Arkansas Texas 52

LyfeAccounting

JULY 7, 2021

So unless you’re living under a rock, you probably know that the housing market is booming! So what can you do? How can you save on property taxes? If you stick around until the end of this post, you’ll find out the most effective ways to minimize your tax bill. The levying entities you are paying property taxes to.

Tax 52

Tax CPA New Jersey Pennsylvania 52

PYMNTS

FEBRUARY 2, 2019

3), the numbers put up by the players on the field will pale in comparison to the dollars that advertisers, sports enthusiasts, snack food aficionados and brands will put up, just so they can be part of America’s largest television viewing event. That is a new record — up from last year’s $5.2 We are mostly kidding about that.

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Sports Gaming Agriculture Retail 60