Buying decisions can sometimes be a mixed bag. From time to time, business clients ask us whether it’s better to buy a car versus leasing a car. While the answer is often based on an ROI and tax savings, there are often other non-business factors as well that lean to, for example, how emotionally you’re tied to a certain car.

Having a staff can be one of the most rewarding parts of running a small business — and one of the most stressful. The updates to QuickBooks Online this month take away some of the stress by making it simpler to manage, pay, and support employees. Other big updates in June include an increase to $5 million in QuickBooks Checking and QuickBooks Money accounts that’s FDIC-insured, streamlined user management, and a new tax feature for solopreneurs.

How many times have you heard “The Future is Here?” Well, this time, it’s really here, and any business with an e-commerce site can now take advantage of artificial intelligence (AI) in a number of ways.

If AI still feels somewhat mysterious and robots seem like something you may only see in “The Jetsons,” the still-recent introduction of AI-content generators make AI attainable and actually affordable, even for the smallest business.

MONROE, N.C. – May 24, 2023 – Certum Solutions, a one-stop shop for business technology using integrated solution stacks and peripheral hardware with QuickBooks software at their base, has awarded a $5,000 grant to Fayetteville, N.C.-based Cape Fear Botanical Garden for encouraging the use of reusable water bottles for healthy hydration and reduced waste.

The Intuit team has spiffed up a couple features in QuickBooks Online Advanced®, including a much-requested addition to custom reports. Just in time for the influx of part-time summer gigs, there’s a trio of changes that ease some of the burdens of managing employees and contractors. And for those contemplating a software migration involving QuickBooks Payments, the road has gotten a little smoother. In all, these three sets of QuickBooks updates can help you launch into summer fun with a little less stress.

The air is thick with pollen, which means it must be time for spring cleaning! It’s not just our homes that can use a refresh. If it feels like it’s time to throw open the windows of your business and let in the fresh breeze, I’ve got a few tips to keep you organized for a thorough spring cleaning. Clear out the dust bunnies, say farewell to the cobwebs in the corners, and bring some Marie Kondo energy to your company.

With the goal of making it easier for Americans to save money for retirement, Congress signed into effect the Setting Every Community Up for Retirement Enhancement (SECURE) 2.0 Act in December 2022. The legislation affects businesses and employees across the country. There are more than 90 provisions that affect various aspects of retirement savings plans in the SECURE Act of 2022, so I’m going to highlight seven updates of note and what they mean for employers and employees.

Responsible money management is at the heart of all bookkeeping and accounting. Where an organization’s financial goals drastically differ is whether it is a for-profit business or a nonprofit organization.

When the goal is stewardship and reinvestment of funds, you’re in the realm of nonprofit accounting. If you’re a nonprofit treasurer, president, board member, or executive director, you want to be sure that funds are being used responsibly and keep the books in shape in case of an audit. For nonprofit leaders or bookkeepers dipping their toes into nonprofit work, there are a few basics you’ll want to know before you jump in.

Instead of April showers, we’re getting a sprinkling of updates to QuickBooks Online Advanced and QuickBooks Payroll. No matter how small, we’re always happy to see changes that make running business easier.

This month, there are new simple options for creating comparison visualizations, an easier way to run payroll when you employ union members, and a compelling reason to switch to QuickBooks Online Advanced and Shopify’s point of sale.

SEO (search engine optimization) matters because users matter, and users start – almost unequivocally – with search. While larger enterprises may hire a company whose sole focus is SEO, most businesses can manage their SEO in-house, making it a cost-effective way to indicate credibility, authority, value and build organic traffic, opening your business to a world of customers. And most businesses can implement a few simple tips today around keywords, content, visibility and linking to boost your search result ranking in the future.

When you purchase lower-cost assets for your business, you might be able to write off the amount on your tax return to simplify your bookkeeping and taxes. A fun shortcut to help you with tax deductions for fixed assets is called the de minimis safe harbor election. The IRS has guidance in place that determines whether the amount you pay for tangible assets would be considered an amount too small in the eyes of the law. If it is, you may take that amount as a tax deduction, also known as a tax write-off.

We’ll discuss fixed assets, so you know what purchases are acceptable under the de minimis rule; capitalization, so you know how the de minimis rule bypasses it; and the maximum amounts you can spend to stay within the de minimis safe harbor.

March comes in like a lion, roaring into action with a flurry of updates for QuickBooks Online Advanced®, QuickBooks Online®, and QuickBooks Payments.

I’m especially excited about the fleet of changes that make QuickBooks Online Advanced even better for creating, comparing, and sharing custom reports. If you’re planning to grow your business, these tools can help you make decisions by keeping the right data at your team’s fingertips.