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3 Sets of QuickBooks Online Updates to Launch into Summer
The Intuit team has spiffed up a couple features in QuickBooks Online Advanced®, including a much-requested addition to custom reports. Just in time for the influx of part-time summer gigs, there’s a trio of changes that ease some of the burdens of managing employees and contractors. And for those contemplating a software migration involving QuickBooks Payments, the road has gotten a little smoother. In all, these three sets of QuickBooks updates can help you launch into summer fun with a little less stress.
5 Spring Cleaning Tips for Your Business
The air is thick with pollen, which means it must be time for spring cleaning! It’s not just our homes that can use a refresh. If it feels like it’s time to throw open the windows of your business and let in the fresh breeze, I’ve got a few tips to keep you organized for a thorough spring cleaning. Clear out the dust bunnies, say farewell to the cobwebs in the corners, and bring some Marie Kondo energy to your company.
Video: Four Tips to Boost Your SEO Rankings
Learn why SEO matters for businesses of all sizes and how you can manage your SEO in-house to boost your search result ranking. Discover tips on conducting keyword research, creating content, optimizing URLs and descriptions, and building links. With a focus on providing value to your audience, these simple tips can help you improve your website's visibility and credibility, ultimately driving more organic traffic. Whether you're just getting started or looking to improve your existing SEO strategy, this video has something for you.
7 Ways the SECURE 2.0 Act Affects Businesses and Employees
With the goal of making it easier for Americans to save money for retirement, Congress signed into effect the Setting Every Community Up for Retirement Enhancement (SECURE) 2.0 Act in December 2022. The legislation affects businesses and employees across the country. There are more than 90 provisions that affect various aspects of retirement savings plans in the SECURE Act of 2022, so I’m going to highlight seven updates of note and what they mean for employers and employees.
Nonprofit Accounting vs. For-Profit Accounting: What You Need to Know
Responsible money management is at the heart of all bookkeeping and accounting. Where an organization’s financial goals drastically differ is whether it is a for-profit business or a nonprofit organization.
When the goal is stewardship and reinvestment of funds, you’re in the realm of nonprofit accounting. If you’re a nonprofit treasurer, president, board member, or executive director, you want to be sure that funds are being used responsibly and keep the books in shape in case of an audit. For nonprofit leaders or bookkeepers dipping their toes into nonprofit work, there are a few basics you’ll want to know before you jump in.
QuickBooks Online Sprinkles in April Updates
Instead of April showers, we’re getting a sprinkling of updates to QuickBooks Online Advanced and QuickBooks Payroll. No matter how small, we’re always happy to see changes that make running business easier.
This month, there are new simple options for creating comparison visualizations, an easier way to run payroll when you employ union members, and a compelling reason to switch to QuickBooks Online Advanced and Shopify’s point of sale.
Boost Your SEO Rankings: Tips You Can Use Right Away
SEO (search engine optimization) matters because users matter, and users start – almost unequivocally – with search. While larger enterprises may hire a company whose sole focus is SEO, most businesses can manage their SEO in-house, making it a cost-effective way to indicate credibility, authority, value and build organic traffic, opening your business to a world of customers. And most businesses can implement a few simple tips today around keywords, content, visibility and linking to boost your search result ranking in the future.
Video: How to Apply the De Minimis Rule for Fixed Assets
When you purchase lower-cost assets for your business, you might be able to write off the amount on your tax return to simplify your bookkeeping and taxes. A fun shortcut to help you with tax deductions for fixed assets is called the de minimis safe harbor election. The IRS has guidance in place that determines whether the amount you pay for tangible assets would be considered an amount too small in the eyes of the law. If it is, you may take that amount as a tax deduction, also known as a tax write-off.
We’ll discuss fixed assets, so you know what purchases are acceptable under the de minimis rule; capitalization, so you know how the de minimis rule bypasses it; and the maximum amounts you can spend to stay within the de minimis safe harbor.
How to Apply the De Minimis Rule for Fixed Assets
When you purchase lower-cost assets for your business, you might be able to write off the amount on your tax return to simplify your bookkeeping and taxes. A fun shortcut to help you with tax deductions for fixed assets is called the de minimis safe harbor election. The IRS has guidance in place that determines whether the amount you pay for tangible assets would be considered a amount too small in the eyes of the law. If it is, you may take that amount as a tax deduction, also known as a tax write-off.
We’ll discuss fixed assets, so you know what purchases are acceptable under the de minimis rule; capitalization, so you know how the de minimis rule bypasses it; and the maximum amounts you can spend to stay within the de minimis safe harbor.
QuickBooks Online Advanced Gets Powerful Reporting Updates in March 2023
March comes in like a lion, roaring into action with a flurry of updates for QuickBooks Online Advanced®, QuickBooks Online®, and QuickBooks Payments.
I’m especially excited about the fleet of changes that make QuickBooks Online Advanced even better for creating, comparing, and sharing custom reports. If you’re planning to grow your business, these tools can help you make decisions by keeping the right data at your team’s fingertips.
Case Study: Leinwands
With the help of Leah Swain, she gave me the confidence to take the leap of purchasing the QuickBooks POS software. We had a three hour-plus tutorial over the computer and phone. She was extremely thorough and answered several of my questions and concerns. Her experience in POS software and clothing retail sales sealed the deal for me. I plan to work with her in the future as I install my POS and input my inventory.
Case Study: Harbor Watch HOA
After researching several companies, the HOA engaged KHBOffice DBA Certum Solutions to enable the conversion to QuickBooks Online because they could meet our need for an aggressive January 2019 implementation schedule.
Case Study: Wake Coatings
Meet Wake Coatings, a commercial painting company based in Raleigh, North Carolina. Certum Solutions provided a QuickBooks tutorial, the specific QuickBooks programs that best suited Wake Coatings, and expert strategic solutions for the company.
Case Study: Lorentz Meats
The software we were using was being discontinued. Rather than switching to a new software program, we chose to switch to what our sister companies were using. What feature of our product was most appealing? The reporting and ease of customizing reports.
Your team was great in assisting with the upfront planning, the implementation, and assisting with questions once we were using the program.
Case Study: TEG Lease & BoomCo
TEG Lease is a provider of high-security mobile storage containers, ground-level mobile offices & over-the-road trailers. We service TN, SC, NC, GA, AL, KY, VA, and WV. Boomco is a construction equipment rental company. We service TN, SC, NC, GA, AL, KY, and VA.
Video: Silicon Valley Bank Collapse
In this edition of Katie's Desk, Katie gives her thoughts on the Silicon Valley Bank collapse.
Case Study: United Construction
[Certum Solutions] definitely saves us money. I am most impressed by their teamwork and dedication to their clients. I would recommend Certum Solutions to anyone who wants to run their business right.
Katie’s Desk: Silicon Valley Bank Collapse
Silicon Valley Bank’s (SVB) collapse late last week was the biggest news most businesses didn’t get to process before the weekend.
Personally, I saw the headlines, moved on, and then only was able to read more and research over the weekend. However, as I dug deeper into the details of the SVB failure, I realized it was more far-reaching that I thought. The good news was that I finished my research feeling confident that our economic policy and the Fed are already at work making customers whole and at the end of the day it is an exciting study of economics in action.