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Depreciate or Expense – IRS Safe harbor rules

Tangible Property Regulations – Frequently Asked Questions From: https://www.irs.gov/businesses/small-businesses-self-employed/tangible-property-final-regulations Section 162 of the Internal Revenue Code (IRC) allows you to deduct all the ordinary and necessary expenses you incur during the taxable year in carrying on your trade or business, including the costs of certain materials, supplies, repairs, and maintenance. However, section 263(a) of the IRC […]

How to prevent emails from landing into gmail’s Spam folder

How to prevent emails from landing into gmail’s Spam folder We suggest that you try the following action items in the order that they appear. And if the first one does not work, then implement the next one and try again. Find the email in your Spam folder and open it up and click the […]

Reporting Cash payments of more than $10,000

Federal law requires a person to report cash transactions of more than $10,000 to the IRS. Here are some facts about reporting these payments. Who’s covered For purposes of cash payments, a “person” is defined as an individual, company, corporation, partnership, association, trust or estate. For example: Dealers of jewelry, furniture, boats, aircraft, automobiles, art, […]

Small business cash flow – The state of payments from Intuit QuickBooks

Cash flow is important to the success and growth of any business – and QuickBooks® recognizes how important getting paid and managing the payments process is for small businesses. As a continuation of “The State of Small Business Cash Flow” report released earlier this year, we are further exploring the State of Payments among small […]

QuickBooks Online Payments to offer next day ACH funding

MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–Intuit Inc. (Nasdaq:INTU) QuickBooks continues to add features to the QuickBooks platform to solve the cash flow crunch problems that plague small businesses. Over the past year, Intuit has leveraged the power of the QuickBooks platform and machine learning to deliver money faster to its customers through innovations such as same day […]