Streamline Your Business Finances: QuickBooks Online Fund Recording Tips
If your business involves sending invoices for products or services, QuickBooks Online offers multiple ways to record payments when they come in.
The Importance of a 401(k) Match
Justin Wagner, AIF®, Client Relationship Manager – Retirement Services explains how offering an 401(k) match to employees can bolster a company’s reputation and encourage employees to save for retirement.
IRS Provides Employers Way to Withdraw Dubious ERC Claims
Many business owners have fallen victim to aggressive marketing of the Employee Retention Credit by marketers or promoters and may have filed ineligible claims. The latest guidance from the IRS includes a procedure for withdrawing a claim.
Moving Transactions from Your Bank into QuickBooks Online
QuickBooks Online makes the process of importing transactions from your bank so easy—plus it reduces manual data-entry and saves valuable time!
The Significance of Milestones and Responsibilities in Early-Stage Advisor Agreements
Entrepreneurs may overlook the importance of structuring advisory relationships with care. One of the most common pitfalls startups face is overcommitting equity in exchange for advisory services.
How to Apply for a Georgia Tax Credit
John Dickson, CPA, CVA, CFP®, explains how to request pre-approval for a Georgia Tax Credit on the Georgia Tax Center Website. Available credits include Qualified Law Enforcement Foundation credits, Foster Child Organization credits, Georgia Film Credits, and Qualified Education Expense Credit.
The Importance of Business Succession Planning
Every small- and mid-sized business owner should plan ahead so that the transfer of both the leadership and ownership of their businesses will be smooth, whether their exit is a sudden change or a planned departure occurs.
The Future of U.S. Tax Policy: Key Issues For 2024 Presidential Candidates
Tax policy and the future of the U.S. tax code is expected to take center stage during the 2024 Presidential election debates. The expiring Tax Cuts and Jobs Act (TCJA) regulations and the growing deficits and national debt are among the topics.
Our Three Cents — Benefits and Liabilities: Corporate Owned Life Insurance
Troy Harmon, CFA, CVA, Nick Antonucci, CVA, CEPA, and K.C. Smith, CFP®, CEPA of Henssler Financial talk with Jim Crone, CLU®, CFS®, our Director of Insurance Planning, about rewarding key employees with supplemental executive retirement plans and funding this liability with corporate owned life insurance. They also look at what might happen to this agreement with the employee and liability on their books if the company owner decides to sell.
What You Should Know About the Chart of Accounts in QuickBooks Online
Chart of Accounts works in the background as a critical element of QuickBooks Online. It is simply a list of financial categories created by QuickBooks based on your business type and industry and is used to track your company’s financial data.