If you’ve ever opened a client’s QuickBooks file only to find a mess of uncategorized transactions, undeposited funds, unapplied payments, or miscategorized expenses—you’re not alone. It’s easy to feel overwhelmed. But the ability to diagnose these issues is what truly sets great bookkeepers apart. It’s more than just identifying errors; it’s about understanding the root […]
Trump’s threat for 25% tariffs on Mexico and Canada is challenging the auto industry
On a sales basis, German automaker Volkswagen is the most exposed to tariff risk, followed by Nissan Motor and Stellantis, S&P Mobility reports.
Paid Diagnostic Reviews: Unlocking Profitable QBO Cleanups
Ever had a client hand you a set of books so messy you didn’t know where to start? When they come to us for help, cleanup projects often turn out to be more complex than they first appear. Without a clear process bookkeepers risk undercharging, overworking and taking on clients who aren’t a good fit. […]
Mortgage demand is mixed, as interest rates hit highest level since May
Mortgage demand started this year stronger than it did last year, even though interest rates are higher.
Here’s why business leaders are spending big on Trump’s inaugural committee
Donations to President-elect Donald Trump’s inaugural committee offer a “unique opportunity” to curry favor with the White House, experts told CNBC.
5 new warning signs of a bad claim for pandemic-era ERC
The IRS said the five signs are the result of what IRS compliance teams found while analyzing and processing claims for the employee retention credit (ERC). The Service plans to briefly reopen its voluntary disclosure program.
Kamala Harris debuts official TikTok account as presidential campaign picks up
Kamala Harris debuted an official TikTok account on Thursday, underscoring the social broadcasting app’s importance to the 2024 presidential campaign.
Spirit Airlines forecasts wider quarterly loss as revenue falls short of expectations
Spirit Airlines said Tuesday it would post a wider-than-expected loss for the last quarter because of revenue that came in short of its expectations.
IRS collects $1 billion from high-income people who owed back taxes
The IRS is collecting on tax liabilities that were not “even in dispute,” Commissioner Danny Werfel said, but the IRS did not previously have the resources to pursue payment.
Proposed regs. address interest recapture on excess COVID-19 credits
The proposed regulations apply to overpayments of interest on erroneous refunds of COVID-19 credits paid on or after July 2.