Bookkeeping lies at the heart of every successful business, regardless of its size. It’s the art of tracking and organizing financial transactions like sales, purchases, and expenses, providing a clear snapshot of your business’s financial well-being. But with various methods available, finding the right fit can feel like a puzzle. Let’s dive into the three…
Bookkeeping isn’t just a chore; it’s the lifeblood of any business, big or small. It’s all about keeping tabs on every dime that comes and goes, jotting it down accurately, and making sure the numbers add up. Let’s chat about why bookkeeping rocks and how it can be your business’s BFF, helping you call the…
If you’ve dipped your toes into the world of business, you’ve likely stumbled upon the term “Cost of Goods Sold” (COGS). It’s a critical number for any business, representing the direct expenses tied to making the products or services you sell. But here’s where things get interesting: how you handle these expenses depends on whether…
Sheldon Bookkeeping is shaking things up with a cool new marketing plan that’s all about helping small businesses keep their finances in check. We’re rolling out an updated fresh, easy-to-navigate website and teaming up with CPAs and tax pros to offer top-notch financial services. What’s the big deal? Well, we’re making bookkeeping a breeze with…
Starting in May 2024, Intuit is set to roll out updates to user roles within QuickBooks Online, affecting subscribers of QBO Essentials, Plus, and Advanced. These changes, targeting ‘standard roles’ in these subscriptions, will introduce new role assignments and access settings. Users can anticipate notifications regarding these updates by mid-March. The adjustments are summarized as…
Change is in the air at Sheldon Bookkeeping, and we’re excited to unveil our brand new logo! After careful consideration and creative brainstorming, we felt it was time to refresh our visual identity to better reflect our values, mission, and the dynamic nature of our services. Our previous logo served us well, but as our…
Solopreneurs for the One Person Business QuickBooks has announced a new subscription for QuickBooks Online. It is called Solopreneur. “Solopreneur is designed to help one-person businesses quickly and easily simplify their business finances,” QuickBooks says. . The new subscription offers these features: Solopreneur Monthly Subscription Cost The QuickBooks Solopreneur Subscription is available at $20 per…
Folks, let’s talk plain and simple about taxes – the old saying holds true. It’s sure cheaper to keep out of trouble than digging yourself out of a tax hole with the IRS! It simple: if you miss the mark on tax obligations or mess up those returns, it’s like opening the floodgates for penalties…
The IRS has resumed sending LT38 collection letters again after the 2-year pandemic pause. If a small business gets one, this notice is not something to ignore or stuff away in a desk drawer. As of now, over 3.7 million US taxpayers are expected to receive the LT38. Automatically generated by the IRS Collection System,…
From the QuickBooks Online YouTube Channel: With QuickBooks Online Payroll, you can give your employees time off and track it in QuickBooks. Let’s learn how to set up time off in QuickBooks, how to account for it when you run payroll, how you can track how much time off employees have left, and how employees…
Here is a new video from QuickBooks to help Desktop users to become familiarized with QuickBooks Online. The introductory video offers some explanation of the differences between the two platforms.
Just before the holidays, Intuit announced the launch of a global QuickBooks brand platform called “Business Differently.” This platform is focused on reaching solopreneur small business owners. The marketing campaign features a TV spot with football star Saquon Barkley highlighting a solopreneur sports photographer. The campaign extends to social media, influencers and a new solopreneur content…
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