US Treasury FinCEN Seal
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Corporate Transparency Act – What Small LLC Businesses Need to Know

Introduction to CTA In a world where financial transactions and business dealings are increasingly complicated, transparency and accountability have become vital. The Corporate Transparency Act (CTA), signed into law in December 2020 as part of the National Defense Authorization Act (NDAA), represents a considerable step forward in promoting openness in corporate ownership. This groundbreaking legislation…

QuickBooks Banking Knowledge Badge
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Second New QuickBooks Certification Awarded to George Sheldon

I’m happy to share that I’ve obtained a second new certification: Banking knowledge badge from Intuit! This certification is in Banking from QuickBooks Online, The certification authorizes me to display the knowledge badge as part of my credentials. I will be adding to my website home page, as well as the About Me page. This is the second certification I’ve…

QuickBooks Reporting Badge
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Reporting Certification Received for QuickBooks Online Knowledge

I’m happy to share that I’ve obtained a new certification: Reporting knowledge badge from Intuit! The certification is in creating reports from QuickBooks Online, The certification authorizes me to display the knowledge badge as part of my credentials. I will be adding to my website home page, as well as the About Me page. You may…

Sheldon Bookkeeping Phone (717) 219-7301
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Updating Sheldon Bookkeeping Phone Service

We’re updating our phone number. We are leaving Google Voice and moving to regular cell service. Our phone number will remain unchanged: (717) 219-7301. Google Voice certainly worked well for us, but it became problematic to dial out at times. This became noticeable during slow Internet times. Something had to change. The solution is now…

Hiring 1099 Independent Contractors
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Properly Handling of 1099 Contractors for Small Businesses

In the contemporary landscape of business operations, the utilization of independent contractors, commonly known as 1099 contractors, has become increasingly prevalent. Small businesses, in particular, often rely on these freelancers for their specialized skills, flexibility, and cost-effectiveness. However, with this reliance comes the crucial responsibility of properly managing and handling these contractors to ensure legal…

Change your accounting preferences in QuickBooks Online Payroll
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Flexible Account Mapping now in QuickBooks Online Payroll

QuickBooks Online Payroll has been enhanced with Flexible Account Mapping. What this means of that Quickbooks has removed mapping restrictions from payroll settings. By doing so, there is now more flexibility when it comes to which type of chart of accounts to map payroll items. There is now less need to create journal entries in…

QuickBooks Bill Pay is Coming in September
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QuickBooks Bill Pay is Coming in September

Big changes are coming in September for Bill.com and Melio users working in QuickBooks. Notices will be going out until the middle of September about these two legacy programs that will no longer integrate with QuickBooks Online.  QuickBooks Bill Pay, a new Intuit solution that’s fully integrated with QuickBooks Online, is coming and will be…

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