Temporary 100% Food and Beverages Deductions for Small Businesses

Temporary 100% Food and Beverages Deductions for Small Businesses

The Internal Revenue Service and National Treasury Department have announced an increase in food and beverages deductions that businesses can claim up until 2023. The agencies have outlined which expenses would qualify for temporary 100% food and beverages deductions...

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7 Questions To Ask When Hiring a Virtual Bookkeeping Firm

7 Questions To Ask When Hiring a Virtual Bookkeeping Firm

Hiring a bookkeeper is very essential when running a business. A bookkeeper keeps a record of the financial affairs of a business. Outsourcing a virtual bookkeeping firm is cost-efficient, energy-saving, and convenient, especially in the current global climate. How...

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QuickBooks Tip of Chart Accounts

QuickBooks Tip of Chart Accounts

Hi everyone, Bobbie Witt here with Bookkeeping Confidential again. I want to talk to you today about the Chart of Accounts, which is the map of your business.  When you first open QuickBooks, this is going to be your dashboard. Then you’re going to go over to...

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Tackling Payroll Tax Evasion

Tackling Payroll Tax Evasion

Having a small payroll tax problem? Payroll tax audits, investigations and even penalties used to be routinely handled quickly by most payroll service providers. That is no longer the norm! Since 2018, it has become more apparent that a payroll tax matter can quickly...

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