The IRS Commissioner has announced three tax filing goals to usher in by 2024. These goals include improved communication, mitigating confusion, and moving closer towards an IRS-backed tax preparation service. Aided by a large increase in annual budget thanks to the Inflation Reduction Act, the IRS is hoping these boosts in budget will help them […]
Introduction Bookkeeping is essential for any business. It helps to track the financial health of the organization, and allows for accurate accounting of income, expenses, and taxes. However, the traditional bookkeeping process can be time consuming and tedious. This is why many businesses are now looking for ways to automate their bookkeeping through bookkeeping automation. […]
I. QuickBooks Desktop vs. QuickBooks Online: Introduction QuickBooks is a well-known software that helps small businesses manage their finances. It offers a range of features and functionalities. Some of these features include invoicing, expense tracking, and payroll processing. Further, these features can help business owners stay on top of their finances. However, there are two […]
It’s that time of year again: tax season. Filing your income tax return can be daunting, especially if it’s your first time. To make navigating the process easier, we’ve compiled a comprehensive guide on free tax filing for your income taxes. I. Free Tax Filing: Introduction Before diving into the more complicated details of filing […]
In the modern age of digital business, accounting practices have become increasingly important. As the world of business transitions to a more online model, it has become even more necessary for entrepreneurs and business owners to remain diligent and knowledgeable when it comes to their financials. Here, we’ll explore the top 10 online business best […]
Crowdfunding is a revolutionary way of raising funds for various projects and business ventures. It involves posting a project or idea on a crowdfunding platform and allowing people to donate money to it. Crowdfunding platforms take a fee for their services and there are various types of crowdfunding such as equity, reward-based and debt-based. With […]