Deadline for new QuickBooks Desktop users

Intuit announced in November 2023 that they were discontinuing certain QuickBooks Desktop products for new users as of July 31st this year. That deadline is fast approaching for those businesses and individuals looking to switch to QuickBooks Desktop. According to...

Year-Round Tax Planning Tips for Taxpayers

Here are some simple things taxpayers can do throughout the year to make filing season less stressful. Organize tax records. Create a system that keeps all important information together. Taxpayers can use a software program for electronic recordkeeping or store paper...

IRS Reminders for Your Tax Preparation

WASHINGTON – As the April 15 filing deadline approaches, the Internal Revenue Service issued a reminder to taxpayers on ways to prevent typical errors on their federal tax returns to help speed potential refunds. Collect all tax-related paperworkTaxpayers should...
Hobby or business: here’s what to know about that side hustle

Hobby or business: here’s what to know about that side hustle

Sometimes the line between having a hobby and running a business can be confusing, but knowing the difference is important because hobbies and businesses are treated differently when it’s time to file a tax return. The biggest difference between the two is that...