Has the current work-from-home environment created nexus for your business in different states? Historically, when employees work in a state in which their employer does not otherwise operate, the employer may then have sufficient tax presence in the state to be subject to its tax code.
Sheltering-in-place is forcing this situation for some businesses. Along state borders, employees may work in one state but live in a nearby different state. Those employees may now be working from home in a different state than the business generally operates.
As much of the country’s workforce follows quarantine protocol, states have begun to release specific guidelines for businesses with employees temporarily working from home to not impose a tax presence in that different state. Check with your tax professional for more details to determine the proper reporting requirements for your business.
$2 Tip Check fraud is a very real threat that can cripple a small business. 70% of organizations experienced check fraud last year. We've helped victims of it strengthen their security protocols. Common check fraud techniques include photocopying valid checks to deposit multiple times, creating fraudulent checks with stolen bank account information, and soaking stolen checks in chemical washes to…
QuickBooks Connect 2019 Intuit's sixth annual QuickBooks Connect conference was a tangible example of delivering on their bold mission to Power Prosperity. It brought together thousands of business owners, accountants, and solution providers for three days under one roof. The main stage provided innovation from business leaders like Jennifer Hyman, founder of Rent the Runway, inspiration from actor-turned-venture-capitalist Ashton Kutcher,…
Google Tips For November Redmond Accounting is entirely virtual, and we work with cloud software to make that possible. An integral part of our business is staying up to date with apps and technology. Google is constantly updating their browser, so what’s new? If you’re a Chrome user, you will want to dive into this blog to find out.…
Brushing Up On Your Business: 5 Ways To Get Back To Your Patients Are you tired of facing an endless array of choices and making decisions without having all the proper business information? As a business owner, are you stressed out and is this “doing it all yourself” getting old? Are you frustrated because you would like to be able…
The case for going paperless Paper documents are vulnerable. Paper is fragile and subject to damage through fire and flooding, and physical documents are easily stolen. Digital documents stored in the cloud, on the other hand, are secure and can be backed up to multiple different locations automatically. Paper documents also cost too much in labor -- filing, searching for…
Bookkeeping Software, COVID, and the End of 2020 This year has kept all of us on our toes....especially our small business heroes! In 2020, we saw all industries struggling to navigate the new way of running their businesses during the COVID-19 pandemic with limited hours, limited teams, and limited resources. With bookkeeping software becoming increasingly important to success in this…
QuickBooks vs Other Cloud Based Accounting Apps With virtual software becoming more popular every day, there are many types of services available for all aspects of your business. When it comes to accounting for a small business, how do you know which accounting software is right for you? QuickBooks is known as the leader in the Accounting Software industry. QuickBooks…
Overview of Paycheck Protection Program In an effort to support businesses during the coronavirus pandemic, The Paycheck Protection Program (PPP) gave out $525 million in loans. This was distributed to about 5.2 million companies between April 3 and August 8. That’s a great deal of money, and you’d think that it would be enough to help. The problem was that…
What is the Best Accounting and Bookkeeping Software? In today's world, everything is automated and online. Now that almost everyone is working from home finding the perfect software to run your business is essential. From automated marketing tools, email services, even automated texting services, you can run a fantastic company with a lot of knowledge, passion, and the right software.…
