Redmond Accounting Inc

accounting automation

Accounting Automation: What SMB Owners Can Really Expect

Accounting Automation: What SMB Owners Can Really Expect Many SMBs are leveraging accounting automation to streamline their financial management. Over 28% are automating bookkeeping tasks, and 52% are using compliance digitization. But maximizing the benefits of automation isn’t as simple as set-it-and-forget-it. You need to know: What automation really means. What automation can achieve today.

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Misclassifying Employees

The Real Cost of Misclassifying Employees vs. Contractors

The real cost of misclassifying employees vs. contractors   On the surface, classifying a worker as an independent contractor rather than an employee can look like a straightforward cost-saving move. No payroll taxes. No benefits. No overtime liability. For many businesses, especially fast-growing ones, contractor arrangements feel like financial flexibility. But misclassification is one of

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hidden tax advantages

How Law Firms Can Use Financial Reporting to Improve Partner Profitability

How Law Firms Can Use Financial Reporting to Improve Partner Profitability   For most law firms, profitability isn’t just about billing more hours, it’s about understanding exactly where value is being created and where it’s quietly slipping away. Yet many firms still rely on end-of-year summaries or high-level revenue figures that obscure more than they

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cloud accounting

Cloud Accounting vs. Traditional Software: Which is Right for You?

Cloud Accounting vs. Traditional Software: Which is Right for You? Businesses have many accounting options, from working with third-party tools that replace some of the many tasks they need to complete throughout the day to preparing tax returns. And over time, you’ll be met with the decision to: Migrate to the cloud Stay traditional As

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Intuit and Anthropic

Intuit and Anthropic Just Partnered Up: Here’s what it means for your business finances

Intuit and Anthropic Just Partnered Up: Here’s what it means for your business finances Artificial intelligence is actively reshaping the tools your business uses every single day. And one of the most significant developments in that space just landed: Intuit, the company behind QuickBooks, TurboTax, and Credit Karma, has announced a major partnership with Anthropic,

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connected accounts

Why “Connected Accounts” Doesn’t Mean Your Books Are Accurate

Why “Connected Accounts” Doesn’t Mean Your Books Are Accurate Connected accounts are powerful. You set up your favorite accounting software, connect your bank account and sit back and relax. Transactions are flowing in, you’ve saved yourself countless hours of manual entry and everything looks good. But here’s where the problems start to creep up on

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manual quickbooks reporting

How Manual QuickBooks Reporting is Costing You Money

How Manual QuickBooks Reporting is Costing You Money Are you still entering your QuickBooks reporting manually? It’s a task that seems trivial at first, but it quickly eats into your profit margins. Deloitte reports that finance teams spent 48% of their time creating and updating reports. Reporting is evolving quickly, and QBO, like many others,

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Quickbooks Classic View

QuickBooks Classic View is Going Away: What It Means and How to Adapt

The End of Classic View Is Here If you’ve been holding onto the QuickBooks Classic View, the countdown is officially on. Intuit has announced that after May 22, users will no longer have the option to toggle back. The new interface will become the standard experience for everyone. For many long-time users, this change may

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