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Katie’s Desk: Silicon Valley Bank Collapse

Silicon Valley Bank’s (SVB) collapse late last week was the biggest news most businesses didn’t get to process before the weekend.

Personally, I saw the headlines, moved on, and then only was able to read more and research over the weekend. However, as I dug deeper into the details of the SVB failure, I realized it was more far-reaching that I thought. The good news was that I finished my research feeling confident that our economic policy and the Fed are already at work making customers whole and at the end of the day it is an exciting study of economics in action.

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How long should you keep your tax records?

Keeping records for the right amount of time is confusing for many of our clients; after all, we know you would rather spend your time in your business than on your business.

Are you a pack rat or have you gone digital? How about a mix of both? Either way, very few records need to be kept forever. What’s important is to know where to find something and know the government’s requirements. You’ll want to hold on to your receipts, statements, and other documents based on tax year and, in some cases, for other reasons.

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5 Proven Ways to Get Shoppers Back to Your eCommerce Store

As a business owner, you may have taken the opportunity to build out your e-commerce storefront. As the worst of the pandemic subsided in 2022, shoppers returned to physical stores and cut back on big-ticket discretionary spending online, CNN reported.

Many of our clients run e-commerce businesses, and sell goods or services online. These are the top five ways I’m encouraging our business owners to entice shoppers back to their online stores.

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February’s Updates are a Real Sweet Deal in QuickBooks Online

Celebrating Valentine’s Day often brings to mind sweeping, dramatic love scenes. Think: John Cusack’s boombox serenade. Tom Hanks and Meg Ryan’s rendezvous atop the Empire State Building. Anna’s self-sacrifice for Elsa on the frozen fjord. In real life, we know that love is often found not in grand gestures, but in the little things.

This February, the team at QuickBooks Online is showing its love through small updates that mean a lot. More customization in QuickBooks Online Advanced and two changes affecting QuickBooks Payroll reduce friction for users.

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QuickBooks Team Sprinkles 4 Niche Updates into QBO

Happy new year! If the product updates from Intuit QuickBooks are any indication, we may all still be recovering from the holiday season and easing into 2023. No judgment from me!

The QuickBooks team released four useful updates to QuickBooks Online (QBO) in January. These changes are targeted at specific subsets of QBO users. Let’s take a look at who benefits from the software changes.

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Video: QuickBooks Online Updates 2022!

These kinds of updates can save you a lot of time and help you get paid more easily if you take advantage of them. Goodness knows we could all use a little more rest and peace of mind at the end of the year! As always, let us know if we can assist you with your books, software conversions, or QuickBooks questions.

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