by Marie Browne | Apr 9, 2020 | Accounting, Business, Taxes
As you probably know, the Coronavirus Aid, Relief, and Economic Security Act (CARES) was signed on March 27, 2020. The $2 trillion package includes $349 billion for a loan program called the Paycheck Protection Program (PPP). This is an unprecedented program both in...
by Marie Browne | Oct 16, 2016 | Accounting
If you’ve been using QuickBooks for a while you will probably notice that your list of so-called Vendors is getting long and unwieldy. It probably includes the names of every restaurant and gas station you ever visited and the names of every person and business...
by Marie Browne | May 24, 2016 | Accounting
Of course, your income is not really doubled. But your books say it is. Most people use QuickBooks to create invoices, which is one of the great features of the program. When you create an invoice, QuickBooks records two entries. This is an example of double entry...
by Marie Browne | Apr 21, 2016 | Accounting, Taxes
Let’s start by explaining what it is. A 1099 is an informational return that is used to tell the IRS who paid whom, and how much they were paid. If XYZ Corporation hires Joe the Independent Landscaper to mow the company golf course, then the IRS wants to know...