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Blog Articles & Video December 2021

Fix QuickBooks Error 3140 While Adding an Invoice

To help you efficiently manage expenses QuickBooks allows you to import and add invoices from an Excel worksheet or a text file directly into the QuickBooks company file. Sometimes while entering sales orders or invoices, you might get QuickBooks Error 3140. Once you encounter the error, QuickBooks will display “Status

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Hurricane Ida relief extended in six states

Victims of Hurricane Ida in six states now have until Feb. 15 to file various individual and business federal returns and make tax payments. The updated relief, extended from Jan. 3, covers the entire states of Louisiana and Mississippi, as well as parts of New York, New Jersey, Connecticut and

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5 Reasons to Reevaluate Your Accounting Software

Time is quickly running out for accountants to troubleshoot software issues or integrate new accounting technology before tax season really kicks in. Despite the benefits automation and current technology bring, mindlessly throwing software at every issue you face is not the answer. Be sure to assess your situation, vet vendors,

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QuickBooks Error 557 | Complete Troubleshooting Guide

QuickBooks Payroll is one of the best tools businesses prefer to pay their employees quickly and reliably and plays a vital role in employee payroll management. Even a single glitch in the settings or a payroll error can negatively affect business reputation. QuickBooks Error 557 is one of the errors

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Why Bookkeeping as a Brand Needs To Change

As we prepare for 2022, bookkeepers have a unique opportunity to set (or reset) their expectations and vision. In fact, now is the right moment to ask: is the term “bookkeeper” due for a new definition? Our recent State of Bookkeeping Practices Survey suggests the answer is yes. Bookkeepers are in

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Providing Financial Support to Underserved Groups

Accountants and other finance professionals who want to better serve low-income and underserved communities can start by understanding the access barriers these groups face in order to provide them with advice that is tailored to their needs. The Impact of COVID-19  The COVID-19 pandemic has impacted families from all walks

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How to Reset QuickBooks Password the Right Way

At times, you might need to reset or remove the password from the QuickBooks company file. Due to the increasing number of cyber security threats, QuickBooks takes vigorous measures to protect user’s data, and QuickBooks Automated Password Recovery Tool is the only way to reset the QuickBooks password that is

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PCAOB updates guidance on Form AP

The Public Company Accounting Oversight Board released updates to its staff guidance on Form AP, which auditors use to disclose the engagement partners and auditing firms involved in an audit. The staff guidance covers Form AP, “Auditor Reporting of Certain Audit Participants,” and related voluntary audit report disclosure under AS

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R&D Tax Planning for the Mid-Market Client

What would cause a tax professional to need to review R&D tax benefits for midsized or smaller clients? The main tax savings can arise from the federal benefit, but many states also have benefits. The usual focus is the R&D tax credit – officially “research and experimental credit” – which isn’t

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How to Quickly Eliminate QuickBooks Error 2000?

Most QuickBooks users face issues while doing online banking in QuickBooks that arise because of the faults made by users while setting up banking and QuickBooks on Windows. QuickBooks Error 2000 is one such error that appears while accessing online banking in QuickBooks and can appear in both versions of

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