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Getting Started with Accounts in QuickBooks Online, Part 1

February 19, 2020 by byfadmin

Roe CPA - QuickBooks

QuickBooks Online was built to work with transactions downloaded from your online financial institutions. Here’s how to work with them. The ability to import transactions from financial institutions into QuickBooks Online is definitely one of the best things about the site. You may have even signed up for that very reason. By now, you’ve probably […]

Filed Under: QuickBooks

Home Equity Loan Interest is Still in Play

January 15, 2020 by byfadmin

Most of us will agree that our biggest investment is in our home. So, it shouldn’t surprise you that your house or condo is your first port-of-call whenever there’s a need to borrow money. And the easiest way to draw funds against the security of real estate is by arranging a Home Equity Loan. Home […]

Filed Under: Real Estate Accounting

Take the Sting out of Performance Reviews

December 18, 2019 by byfadmin

performance review

Performance reviews. Those two words can make employees sweat and fill managers with a sense of dread. But it doesn’t have to be that way. If performance reviews are handled well, they can provide opportunities for open and productive communication between manager and employee. And the outcome can be rewarding for both. Too Little, Too […]

Filed Under: Accounting

Do You Have a Business Continuity Plan? You Should

November 19, 2019 by byfadmin

Business continuity plan in a blue folder

What if disaster strikes your business? An estimated 25% of businesses don’t reopen after a major disaster strikes.1 Having a business continuity plan can help improve your odds of recovering. The Basic Plan The strategy behind a business continuity (or disaster recovery) plan is straightforward: Identify the various risks that could disrupt your business, look […]

Filed Under: Accounting

Do You Have to File an Information Return?

October 23, 2019 by byfadmin

working on a computer

If you made or received a payment in a calendar year as a small business or self-employed individual, you most likely are required to file an information return to the IRS. Click through to learn what this means. If you engaged in certain financial transactions during the calendar year as a small business or self-employed […]

Filed Under: Tax

Family Businesses and the Next Generation

September 30, 2019 by byfadmin

Portrait of an extended family at park

Having your children work in the family business is a great way to teach your kids about work ethic and money management, and to kick-start their retirement or college savings plan. Click through for tips on bringing your children into the family business. Is having your children work in your family-owned business a blessing or […]

Filed Under: Tax

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