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Blog Articles & Video Accounting

Write-Offs Freelance Writers Can’t Claim on Taxes

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

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How to Import Data from FreshBooks to QuickBooks? Explained

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

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4 Ways to Enhance the Digital Client Experience

Expectations and ways of working with clients have changed thanks to the pandemic. There are so many digital platforms that are being used to engage with people, send data, perform tasks and communicate with clients. Now, we’re focusing on a digital client experience where CPAs are having to adapt and learn

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Xero Upgrades Bank Reconciliation Feature

Xero has unveiled comprehensive improvements to its bank reconciliation feature, the largest upgrade to the function in a decade. In the past 12 months, Xero has processed more than 1.76 billion bank transactions for more than 2.7 million subscribers around the world. The new improvements allow all Xero subscribers to

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How to Recover Lost Quicken Data | Process Explained

Quicken helps its users to carry out the major accounting tasks with great ease and efficiency. The users also trust the software to carry important company data in the application and to safeguard it; Quicken has an automatic backup feature that creates the exact copy of the Quicken data file

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5 Ways to Turn Your Side Hustle Into a Career

Let’s face it: We are done about talking about the pandemic. We’re exhausted. The last 16 months or so have turned our entire worlds upside down. From quarantines to rapid testing, we want a break from the news and we want a little more joy in our lives. Part of

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Intelligent Document Processing in Accounting

Despite today’s digital-first world, for many accountants, document processing and management remains as challenging and archaic as not having a work email for daily communication. The public sector is especially susceptible to manual document processing challenges with legacy systems and tools unable to keep pace and handle any unexpected influx

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Accounting Seed Updates Financial Reporting Tool

Accounting software maker, Accounting Seed has implemented a new version of its Financial Reporter product, which is now fully integrated with the Salesforce Lightning user interface (UI). This upgrade also brings significant updates to the platform’s standard and custom reports, enabling users to easily access, navigate, update, and export financial

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Can Freelancers Use Income Averaging on 1040s

I receive tax queries from fellow freelance writers and from wannabes, that is, would-be writers. Most of the questions they send are pretty much the same. Does the IRS agree that they can claim deductions in 2021 for 100 percent of certain expenses? Or permit them to take deductions in

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