Month: March 2015
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Top 10 things small businesses will love about the new QuickBooks
why small businesses will love the new QuickBooks
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10 good reasons why I might choose not to vote
The right to vote in a self-governing society also recognizes that electing not to vote is an option in appropriate circumstances. The election to abstain from voting is arguably the most valuable tool we have to preserve the integrity, value and meaning of the voting process. Here are ten good reasons that I may choose…
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Consumer tax scam focuses on Affordable Care Act
The IRS published this warning for taxpayers to choose their tax professional carefully as they say reports are coming in from around the country describing unscrupulous preparers who instruct their clients to make individual shared responsibility payments directly to the preparer. I have not received any complaints of this type but the overall number of tax-related consumer…
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Charitable organizations should not give tax advice
I’ve run across situations recently where donors to charitable organizations feel ripped-off when their accountant or tax preparer (during tax filing season) told them that they would not benefit from a tax deduction they made in the prior tax year. This creates tension, undermines the goodwill that the charitable organization has built and, even worse,…
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Usually NO tax deduction for charitable donations
You’ve made a charitable donation to a qualified organization and they gave you a receipt for your donation. Great job, you deserve to feel good about your action! Now, do you get a tax deduction for your good deed? In most cases the answer is “NO”. Here is why: 1. IRS says that only about one in…
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Tax deduction for contributed time or services
I’ve often had the opportunity to work as the volunteer accountant, trustee or adviser for some great charitable organizations. In the course of this work, I meet plenty of other like-minded generous people. One amazingly common misperception that many of these people share is a misunderstanding of the tax treatment of donated time or services.…
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QuickBooks pricing changes effective today
This post and pricing information is now out of date. The new QuickBooks pricing took effect today with the 50% discount still available through ProAdvisors. I wrote about it here last week. It seems like it will take the market a while to adjust to the concept that a small business can save $20 per month…
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QuickBooks: comparing desktop and online versions
I’ve had a few more questions lately about the difference between the desktop and online versions of QuickBooks. The online version expands many areas of capability with few known downsides. According to Intuit, the following features are available in QuickBooks Online (QBO) that are not available in the desktop version. Access to data easily across multiple platforms,…
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Browser wars revisited
Internet browsers control the framework of how we interact with the online world. I suspect most people give it little thought and that’s a good sign. Browser functions operating in the background without drawing user attention should be the goal. Third party reviews like this September 2014 review by PC World generally say that all…
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New pricing for QuickBooks Online
QuickBooks Online will have new higher pricing for new accounts effective March 9. Current pricing is listed at http://quickbooks.intuit.com/online/compare/. Monthly rates for new customers: Retail through a ProAdvisor Simple Start (previously $9.95) $12.95 $6.50 Essentials – includes bill pay and 3 users (previously $19.95) $26.95 $13.50 Plus – includes inventory tracking, class tracking, expense by customer,…