Former CEO and chairman of the board of directors of SAExploration Holdings Inc. Jeffrey Hastings pleaded guilty Friday for his role in a scheme to fraudulently and materially inflate the publicly reported revenue of SAEX by tens of millions of dollars and for misappropriating millions of dollars from the publicly
QuickBooks Accounting Application is a software used worldwide for its user-friendly features and seamless functionality. It works for small-scale businesses enabling them to create customer invoices, payroll features, and much more. However, as it is a software and just like others, a variety of bugs or technical problems arise in
The child tax credit is unlike other tax benefits and practitioners should educate their clients now to avoid any unpleasant April 15 surprises. The enhanced credit is built on the original child tax credit found in IRC Sec. 24. When paired, the result is a more robust combined credit available
If you are a QuickBooks Online (QBO) user, you know that a foundational feature of QBO is connecting your financial institutions to QBO using bank feeds – usually checking, savings and credit card accounts. The recommended workflow is to pre-enter your transactions into QBO, and when the transactions arrive in
Sage, which makes accounting and ERP software, recently debuted a new version of Sage ID and rolled over all Sage ID accounts to the new system, completed invisibly to the users. Sage ID is an automatically-created unique sign-in and password that links all Sage products for users, allowing them to
Have your business clients recently discovered they’re liable for communications tax? If so, they’re far from alone. Now, the question is: How will you stay compliant? The answer may not be as simple as you’d initially think. Communications tax can be very different from sales and use tax. And depending
Economic nexus laws are leaping across borders, real money is pouring into the virtual world, and sales tax holidays are causing consternation. Read about all this and more below: To begin with, if sales tax holidays weren’t challenging enough, counties and municipalities aren’t required to participate in Alabama’s sales tax
Normal plans for this time of year might have been thrown by a (second) tax season like no other, but the priorities before fall still wait for no firm. With the October deadline for extended returns looming, practitioners are wondering how best to fill the time between now and the
Part one answered unusual questions submitted by Waldo Lydecker, a contentious freelancer, who says he’ll pocket a seven-figure advance in 2021 that’s noticeably north of one million dollars for his next book. It also focused on two books. The first one is by Stormy Daniels, who alleges that she had
How to import data from FreshBooks to QuickBooks is a common search query entered by many accounting professionals. QuickBooks can cover a wide array of accounting features and is suitable for most businesses. On the other hand, FreshBooks is more desirable for entrepreneurs or small companies. Your need can sometimes
