Stop Doing Busywork: Automate It with ǪuickBooks

How many hours a week does your team spend on repetitive bookkeeping tasks — entering the same invoices, categorizing the same transactions, chasing the same late payments? Whatifmostofthatjust…happenedonitsown?ǪuickBooks Online has powerful automation features built right in — and most businesses aren’t using them. Here’s what you might be missing: Set up templates for invoices, bills,…

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Why the Most Profitable Contractors Obsess Over Job Costing

tax accounting solutions Brookfield

In construction, profitability isn’t won in the office. It’s won job by job, phase by phase. But too many contractors don’t realize a project went sideways until it’s already over. That’s where job costing comes in — and ǪuickBooks makes it far more accessible than you might think. What is job costing? ob costing means…

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How to Prevent Tuition Reimbursement Fraud 

Investing in employee education and training is crucial to the long-term success of most companies. In order to remain competitive, many employers offer tuition reimbursement programs to attract and retain talented employees. The programs also provide tax benefits.  The vast majority of employees that participate in tuition reimbursement programs comply with their companies’ rules. However,…

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Take Your Technical Employees to the Next Level 

Some students take to mathematics, science and other technical concepts at an early age — and these skills can put them on a path to great careers in business. But, too often, their focused personalities, and the roles in which they’ve been socialized, get in the way of their careers. Savvy business owners with strong…

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How Grandparents Can Give Financial Gifts to Their Grandkids

It’s no secret that parents of young children have a lot of expenses — from nursery furniture and clothes to childcare costs. Parents of older children may be paying for expensive sports teams, tuition and travel. Because parents may be particular about the items and services they buy for their children, it’s sometimes easiest to…

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Getting Divorced? Consider Taxes When Splitting Up Retirement Accounts

Divorce is a major life event that can have significant personal and financial consequences. In addition to addressing family and emotional concerns, you’ll need to determine whether your assets are divided equitably. When assessing the fairness of a divorce settlement, taxes are a critical consideration. In general, you can divide most assets between you and…

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Tax Planning Can Ease the Sticker Shock of Raising a Child

If you’re a parent who’s been doing some back-to-school shopping lately, you know that raising a child is expensive. Whether real or virtual, that overflowing cart is just one small part of a much larger bill that you have to pay over the better part of two decades. And it’s natural to wonder: What does…

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Look Before You Leap When Making Major Acquisitions 

Most businesses don’t buy anything big without performing “due diligence” — the thorough homework process of checking things out. It’s also a good idea for consumers thinking about making a large purchase. The old adage, “an ounce of prevention is worth a pound of cure,” is particularly relevant when making a large-ticket purchase, whether it’s…

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Federal Tax News for Individuals 

IRS Warns of CP53E Scams Confusion about IRS CP53E notices is growing — and scammers are taking advantage. CP53E is an official IRS notice related to tax refunds and bank account information.  As the IRS shifts from paper checks to direct deposit, it’s mailing these notices to taxpayers who may need to add or update…

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