If your small business pays freelance or contracted nonemployees $600 or more, the IRS requires that you file 1099-NEC forms at the end of each year. This form takes the place of the previous...

One of the most commonly used features of QuickBooks is their online banking feeds. It not only allows for easier and more accurate input of data into the system, but it can also make the...

Your balance sheet not only plays an important role in attracting investors but also allows you to see what your company is worth is at the moment. The balance sheet reveals the financial position of...

The knowledge of how to manage bills is completely essential to running a successful small business. This simplified guide will show you how to:

There are a handful of solutions when choosing a cloud provider. Not all of them plug so well into QuickBooks or QBO, and SLC Bookkeeping has been helping our own customers set up their accounts with...

One of the cloud solutions we use for ourselves and recommend to our clients is Hubdoc. It's a secure way to digitalize your documents and be able to upload them into different softwares, including...

Our everyday finances are made up of receipts. We dine out, we withdraw and deposit money, we buy small and large items, or we simply send or receive money for something else.

It's the busy season. Maybe you have deadlines with the IRS or maybe you are simply catching up on your bookkeeping. Then, all of a sudden, there is this incorrect transaction in your accounting...