autor: Marek Pochylý | Kvě 27, 2024 | Bookkeeping
However, freelancers that need good tax support and don’t require the more advanced features found in QBO may find everything they need with QuickBooks Self-Employed. QuickBooks Self-Employed offers basic features at a cost-effective price. However, businesses that...
autor: servis@pc-pochyly.cz | Bře 4, 2024 | Bookkeeping
Lawmakers were trying to pass the changes to the CTC (and other proposed changes to research and development credits for businesses) before the tax season began. The IRS said this gave the agency tax season time to do more programming and testing of their systems...
autor: Marek Pochylý | Úno 27, 2024 | Bookkeeping
If your business is service-based without any inventory, then Essentials should provide everything you need while saving you $30 per month compared to Plus. If you’re scaling from five to 25 users and need advanced features like fixed asset accounting, then go with...
autor: Marek Pochylý | Lis 28, 2023 | Bookkeeping
In such cases, one must close the owner’s income summary account to their capital account. In a corporation’s case, one must close the retained earnings account. An income summary is a summary of Income and expenses for a specific period, and the result of this...
autor: Marek Pochylý | Říj 9, 2023 | Bookkeeping
Please be sure to close all activity windows before closing or navigating away from this page. Watch our short video below to learn about our improvements to advisor recertification in 2024. Take a self-pace certification course, attend a webinar or take the...
autor: Marek Pochylý | Srp 24, 2023 | Bookkeeping
Now, if you paid out dividends, subtract them and total the Statement of Retained Earnings. You will be left with the amount of retained earnings that you post to the retained earnings account on your new 2018 balance sheet. This represents capital that the company...