It’s increasingly important for entrepreneurs to understand how a company with multiple entities should handle shared expenses, and how a company with multiple entities should be legally structured to avoid issues with shared expenses in the future. Every company has unique circumstances, so it’s critical for business owners to get professional accounting
The U.S. Social Security Administration (SSA) recently increased the domestic employee coverage threshold to $2,400 for 2022, up from $2,300 in 2021, marking the third consecutive year the threshold has been increased. The amount is set each year by the SSA, and it serves as a good reminder to check in with your clients who have
One of the QuickBooks multi-user mode errors that users face while opening and running QuickBooks Desktop application is QuickBooks Error 193:0xc1 that affect not only QuickBooks but also disrupts other applications like Windows installer, MySQL, and Windows update. Other than opening QuickBooks, this error also arises while running the QuickBooks
The result in a new Tax Court case of unpaid employment taxes, Cashaw, TC Memo 2021-123, 10/27/21, was especially harsh due to the unenviable position of the taxpayer. Background: If payroll taxes aren’t remitted to the IRS in time, the “responsible party” may be held personally liable for the full
ApprovalMax, an approval automation app for Xero and QuickBooks Online, has introduced a new plan for organizations that require a higher level of control and have special policies for budget control and supplier vetting in place. It also significantly increases the efficiency of approval processes by automating certain parts and
If you are a QuickBooks Desktop user and encounters QuickBooks Error C 184 in the Desktop application while accessing your company data file or generating a report, then you can resolve this error issue by following the recommended solution in the article. This error appears when .ND (Network Data) files
QuickBooks users often experience errors while updating, repairing, installing, or launching the QuickBooks Desktop application on Windows operating systems. However, the software is quite simple to install and repair but missing or damaged Windows components causes the software to encounter errors. One such error is QuickBooks error 1334 that gives
The data collected in the QuickBooks company file is precious as it stores all the information a business needs to improve its productiveness. Losing QuickBooks data can be a terrible disaster if there is no backup present. No matter how the data got damaged, you are always capable of repairing
We live in a world of self-driving cars, where access to mobile banking is ubiquitous and space tourism is on the horizon. Yet, accounting processes are shockingly old-fashioned. According to recent research by Gartner, 50 percent of B2B invoices will be processed and paid without manual intervention by 2025. As a result, large
For businesses that rely on QuickBooks to keep things up and running, errors in the accounting application can hinder productiveness and lead to financial losses. When you try to open the company file located on the server in QuickBooks, you may encounter a generic QuickBooks error with error codes: (-6176,
