News & Updates

As tax season approaches, businesses using subcontractors need to ensure they are tracking payments and preparing 1099 forms correctly. With QuickBooks Online, small business owners have a powerful tool to make this process easy. In this post, we’ll share expert tips on collecting W9 forms, recording expenses, separating reimbursements, and reviewing reports to make tax time straightforward. By following this advice, you can avoid headaches and feel confident submitting accurate 1099 info to the IRS and your subcontractors.     A 5 Step Checklist   1. Collect a W9 Form Collect a W9 Form before paying your subcontractor for the […]

Cheers to the new year! As another year comes to a close, there’s hope on the horizon for what the new year has to bring. Regardless of your small business’s industry, services, or processes, it’s essential to create a plan for your business’s financial success. At the beginning of the new year, we recommend these five financial planning tips to help your small business grow!     Financial Planning Tips   1. Conduct a year-end review. To get started with the financial planning process you should first conduct a year-end review. Investigate your small business’s finances from the previous year […]