How to Find a QuickBooks ProAdvisor

 

A QuickBooks ProAdvisor is a bookkeeper, accountant, or certified public accountant (CPA) who has been trained, tested, and certified by Intuit. By mastering a series of exams successfully, these professionals can assist QuickBooks clients and their employees with navigating and leveraging the software to the best of its ability. These exams demonstrate proficiency with one or more QuickBooks products. To maintain certification, the ProAdvisor must recertify every year by taking the latest exam.

The following are the 3 best places to find a QuickBooks ProAdvisor.

1. QuickBooks ProAdvisor Website

As of 2017, there were more than 200,000 QuickBooks ProAdvisors worldwide. To find a QuickBooks ProAdvisor near you, check out Intuit’s Find a ProAdvisor website. This site allows you to search for a ProAdvisor near you quickly and easily by entering your city, state, or ZIP code. To filter the search further, you can search by the specific types of services that you need.

If your search yields hundreds of results, you can narrow it down by selecting the type of industry. If you are in a sector that has specific accounting requirements, such as a nonprofit organization, it is recommended to filter the results to fit those requirements. In this case, it would be beneficial to hire a QuickBooks ProAdvisor who specializes in nonprofits.

2. QuickBooks Live

MAC is an online bookkeeping service that connects small businesses with QuickBooks ProAdvisors. Rather than dealing with an independent ProAdvisor, you will work with these professionals through QuickBooks. The team of QuickBooks MAC Bookkeepers has expertise in almost all industries. Their service involves three phases: cleanup/setup, ongoing bookkeeping, and month-end close. You’re not limited to a set amount of time per month, and you have the option of scheduling a video call once or twice per month to discuss any questions and to review month-end results. Depending on your needs, prices range from $200 to $600 per month

3. LinkedIn

LinkedIn is a professional networking website that is also a terrific resource for referrals. It is easy to conduct a search for “QuickBooks ProAdvisor” and filter the results for your area. You can also post a request for referrals, as it is likely that someone in your network is connected to one already. This is also a great opportunity to ask for an introduction, and you can also filter the search for your industry.

The Complete Guide to the Benefits and Features with QuickBooks Online Advanced

 

Every business needs the right tools to succeed. If you are looking for a way to make your small business more profitable, then QuickBooks Online Advanced may be the perfect choice for you. This software is designed with entrepreneurs in mind and will help you manage all aspects of your company like invoicing, accounting, project management, multi-user access and much more.

Current Features in QBO Advanced

At QuickBooks Connect in San Jose, California this August 2018; Ariege Misherghi, leader of the Accountant Segment within Intuit’s Small Business Self-Employed Group, said that QBO Advanced would continue to evolve.

Put the right information in the right hands - Customize your clients' access to QuickBooks by setting up user permissions and restricting what they can see in specific areas. Your clients will be able to view sales transactions, expense reports, bank deposits or any other area you choose that is relevant for their role at the company. This allows them only the information they need without giving away anything confidential such as sensitive financial data.

Gain deeper insights to make better business decisions - With QBO Advanced, clients can track their business performance at a glance with smart visual reporting on select data and key performance indicators. With these insights, users are able to analyze profitability, cash flow management and other KPIs in new ways that were previously impossible. Fathom typically costs $39/month but is included as part of the cost of this package for those who upgrade today.

Skip repetitive tasks - Your clients will increase their productivity by importing hundreds of invoices created outside of QuickBooks all at once. Gone are the days where you had to import invoices one-by-one into QBO.

All Priority Circle benefits - A single point of contact with a Customer Success Manager is available to route support questions, suggest online training and make QBO product recommendations. When users have Priority Care through QuickBooks technical support calls are routed toward the front of the line for quick resolution from Intuit’s top agents when issues arise.

What Are the Common Capabilities of QuickBooks Online Plus and Advanced?

Apart from the regular features that all QuickBooks Online plans have, QuickBooks Online Plus and Advanced share some additional features that SMBs require for scaling their businesses.

Here are some of the capabilities that they share:

• Track financial records such as transactions, invoices, and statements.

• Categorize taxes by sorting business transactions.

• Update and reconcile payments automatically.

• Track trip miles for deductibles and reimbursements.

• Build detailed reports on sales, inventory levels, and profitability apart from specific purposes such as budgeting and expense handling.

• Generate accurate estimates and convert them into invoices.

• Include billable time in invoices and provide protected access to employees to add their hours.

• Provide access to multiple users while protecting data with auto-sync and user-level access.

Is QuickBooks Online Advanced Better for My Business?

QuickBooks Online Advanced has a lot of features that make it better for many businesses. For example, QuickBooks Online Advanced can import data from other programs like Microsoft Excel and Quicken, which can be really helpful if you're trying to convert your files into the right format. It also has more customization options than QuickBooks Desktop, so you could customize your software to suit exactly what you need for your business. Quickbooks online advanced pricing makes it more comfortable for your business.

MyaccountsConsultant Can Help with QuickBooks Online Advanced

QuickBooks Online advanced is an accounting software that handles everything from payroll to inventory. It can be difficult to use without help and there are many accountants out there who specialize in QuickBooks Online. MyaccountsConsultant specializes in helping with all aspects of your company's financials including installation, training, and maintenance of QuickBooks Online Advanced. We also offer free consultations so you know what it will cost before we start work on projects for you or your business. Call today at (877) 761-9996 if you need help!

Best Tax Preparation Software for Small & Medium Business

 

As computers have become common household items, more and more online tax software vendors like TurboTax are competing for our dollars. Thus, today’s market is inundated with oodles of tax preparation software programs that were developed to compete. Each one of these programs begs to stand out in the crowd by proclaiming to offer something special, something unique and something that no one else offers. Buyers must be aware! These vendor’s claims may be quite accurate but then again, they might not.

Know your needs today, project your needs for the near and far future, study consumer reports and product reviews, weigh the pros and the cons and make sure that the software that you are thinking of getting will not interfere with the software that has already been installed on your computer. The Best Tax Preparation Software for Small Business on the market, TurboTax and H&R Block At Home are secure choices with favorable history, but not all brands can claim the same. Purchase only when you are completely satisfied with your research, not a moment sooner or you may find that you have wasted your hard earned money and valuable time.

Developers and vendors of tax preparation software are popping up like mushrooms and are tripping all over themselves to get your attention. I would not at all be exaggerating if I tell you that there are dozens of tax preparation software packages out there and singling out the perfect one is not easy. If you have already tried and found yourself confused more than ever, you are not the only one. Deciding which tax preparation services to select is indeed truly a very confusing task, but top brands appear to maintain the lead.

The good news is that I have come to help you sort things out and to assist you in choosing the tax preparation software that will work best for you. No, I will not choose for you. I will, however, present before you some of the most popular tax preparation software packages and point out a few of their most outstanding attributes. Based on that, you will be able to easily match your needs and preferences to the software features.

However, before I go any further, I need you to get the concept of searching for the “perfect” tax preparation software out of your head. There is no such thing as “perfect.” But as I have already assured you, I will help you find the one that will work best for you.

Choosing Your Tax Preparation Software

As stated above, many choices abound but, TurboTax just happens to be the long standing dominant force in sales and satisfaction. This position in the market did not come easy as Intuit (developers of TurboTax) continue to strengthen their position every year by leading the way with new ventures and focused expansion.

Now TurboTax offers niche focused software like the TurboTax Military Edition that is designed to help military personnel take advantage of special deductions set up just for Armed Force Personnel.

There is much more to this brand than meets the eye. TurboTax keeps an eye on what's important by delivering products that cater to every level of financial need when it comes to tax support that targets specific needs.

The TurboTax tax preparation software network offers targeted products for income and investment level diversified software needs including:

• TurboTax Freedom Edition for low income

• TurboTax Free Edition for simple 1040 returns

• TurboTax Military Edition for armed force personnel

• TurboTax Basic Edition that offers import capabilities

• TurboTax Deluxe for tax deduction support

• TurboTax Premier for investors and income property

• TurboTax Home and Business all in one package

• TurboTax Business for LLC's partnerships S & C corporations

H&R Block has been the closest competitor to TurboTax over the years but, there is one place where the H&R Block brand dominates, and that is local professional tax preparation. HR Block stations offices all over the United States as well as overseas locations to help personally with consumer tax preparation needs.

The H&R Block tax preparation software lineup contains a very similar structure to the Turbo Tax layout of tax filing products. There is a selective bond though with HR Block and the military as this partnership between the two offers Military OneSource tax filing through the H&R Block At Home Online Free Edition. This is a recommended choice for military members

E-Smart-Tax, formally CompleteTax is another tax preparation software package that allows data entry in a simple no frill environment, while you answer interview questions. It is the lesser known brand of the three tax preparation software programs listed here for return filing but is can be a good choice for tax preparation as well.

Free-File the cooperative free tax filing program offered by the government and cooperating top tax preparation software companies.

To qualify for a Best Tax Preparation Software for Small Business you must go into the IRS website and select their IRS Free File page. The IRS has connected with tax preparation software companies to make tax preparation free or almost free for most Americans, and many of these vendors are top-notch.

Contact us here for the best tax preparation software for small business.

Top Benefits of Bookkeeping Services New York

 

The various statements of financial transactions such as receipts, payments, etc. of any company need to be recorded, analyzed, and interpreted for further use. This continuous process of documenting the financial transactions performed by a company is called bookkeeping. Many firms seeking Bookkeeping Services New York can have easy access to this facility by contacting Bookkeeping companies in new york that provide Online Accounting Services. Professional NY Bookkeepers supplied by the firms help in reducing the burden of the employees in a business. There are several reasons why a firm should choose to go for Quickbooks Bookkeeping New york:

1) Benefits of Bookkeeping Services New York:

• Businesses, especially those of small-scale, should opt for outsourcing bookkeeping and accounting services to Quickbooks bookkeeping firms New York.

• This can help businesses to grow by giving employees more time to concentrate on core activities.

• Seeking help from accounting firms can provide expert teams in accounting to suit your business needs to make it grow with the help of Bookkeeping Services Los Angeles, California.

• Apart from saving time and effort, the firm can also save its resources and invest them in other important activities that are central to the functioning of the firm with Bookkeeping Services in Yonkers.

2) Services provided by Bookkeeping Firms New York:

• Small businesses do not generally employ the much-required expertise in accounting services and often fail to complete their tasks on time so that time gets help with Quickbooks bookkeeping services new york.

• Accounting and bookkeeping firms provide the expertise to process regular operations of generating invoices, calculating GST, processing receipts, etc.

• Bookkeeping firms also aid businesses in maintaining an efficient payroll system so that you can pay your employees on time.

• Accounting services also include guiding on compliance issues, tax planning, financial auditing, etc.

• The accounting firms take away the most dreaded pressure of handling financial issues at the end of the year and provide effective business solutions. Bookkeeping Services For CPA is specially designed for CPA and accounting firms who are looking for Bookkeeping Services.

• You can also migrate your Business accounting data from one accounting software to Quickbooks online/Desktop.

• See pricing for all accounting services like accounting, bookkeeping, payroll processing, tax preparation, financial advisory, software migration, and much more.

Find out whether the best Accounting Firm New York can be the answer to your accounting and Bookkeeping Services in New York needs. We offer new york bookkeeping services to clients nationwide. Ask about our particular installation and set up rates too!

So, get Contact Us Here the most for your Business Accounting, and Bookkeeping needs.

Top 4 Critical Things You Should Demand From Tax Professional

 

1. COMPETENCE AND CREDIBILITY

It is very important that you research the credentials of the person who prepares your taxes. Look for credentials such as enrolled agent or CPA. These will give you some assurance that the preparer has had adequate education and meets ethical standards. Also, make sure that the tax preparer you choose can and will take the time to research any issues they may not be familiar with. They need to be able to call an expert, or have access to technical resources that can help answer any question they may have.

In addition, use a reputable tax preparer that signs your tax returns and provides you a copy for your records. Also, consider whether the individual or firm will be around to answer questions about the preparation of your tax return; months, even years, after the return has been filed.

2. TECHNICAL EXPERTISE AND EXPERIENCE

While most tax preparers know a little about tax laws, many know almost nothing about technical issues. They need to have the technical knowledge to even know where to look, and the experience to know what to look for.

CPAs, accountants, and bookkeepers, without a tax specialty, may not have the time, experience, education, insight or technical skill to deal with the technical analysis and identification of issues necessary to effectively prevent avoidable tax overpayments.

It is important that the tax expert you choose not only has a number of years of experience tackling technical issues, but also a good technical knowledge base to draw from.

3. THOROUGH KNOWLEDGE OF THE LAW

In this industry, it is what you don’t know that costs you money. There are literally volumes and volumes of laws that can potentially affect the amount of taxes you end up paying. These laws change constantly. What most taxpayers don’t realize is that even small changes can affect your taxes in a big way. Money Magazine’s tax test has shown that, unfortunately, very few tax preparers actually take the time to learn the hundreds of new tax laws released every year.

This is a total disservice to the taxpayer because the result is a representative who is unable to identify a tax issue, tax law, or fact that could support and justify a reduced tax liability. For this reason, the tax expert you choose should have thorough knowledge of current laws and stay continually educated on all new and updated tax laws and guidelines.

4. ATTENTION TO DETAILS

Most CPAs prepare tax returns for approximately three months out of the year and spend the balance of the time preparing books, records, and financial statements. This makes it very difficult to keep up with the ever-changing tax law, especially on a part-time basis. Between February 1st and April 15th, the average tax preparer completes about 480 returns. With this overwhelming workload it is nearly impossible for an accountant to take the time during tax season, to thoroughly evaluate your tax situation and find all the latest tax laws and guidelines that can be applied to help reduce your tax liability.

Find a tax expert that not only keeps up with current tax laws and changes, but also is not under the same time crunch and pressure. This way they can take the time to closely scrutinize your tax situation and aggressively look for every deduction that can be applied.

One of the best ways, however, to ensure that your tax preparer is doing the best possible job for you, is to get a qualified second opinion from a tax expert who specializes in reviewing taxes and looking for areas where you may be overpaying.

“The March of Tax Changes in Recent Years Has Made It Easier to Err, and the New Tax Law Will Only Aggravate the Problem.”(US News and World Report).

Taxes may be one of the things you can be sure of in life, but the same can’t be said of tax laws. They change constantly. The recent tax law changes include the most sweeping changes in 15 years. The new legislation makes 441 tax law changes spread through 189 sections of the Internal Revenue Code.

Contact us here for A Tax Professional!

Real Estate Bookkeeping Tips You Should Know Before You Get Started

 

If you're looking to get into the real estate business, or just want to save some time on your own bookkeeping, then this is for you. We'll dive into what every realty professional should know about bookkeeping and how it can be used as a tool in their business.

The first thing that's important to understand is why businesses need good bookkeeping processes. Bookkeepers are responsible for making sure all of the financial information is accurately reported on an annual tax return - they make sure everything adds up correctly by double checking numbers and reconciling accounts. This also includes paying taxes on any income made through your company's activities, which if not done right could lead to fines or even jail time!

How to Select the Right Real Estate Bookkeeping System?

Choosing the right real estate bookkeeping services for your small business is an important decision. It can make or break a company's success, so it's important to have a good understanding of what you need before making any final decisions. In this blog post, we'll discuss how to select the best option for your business and why QuickBooks has been growing in popularity as a more versatile option than some other systems out there on the market today.

Choose MAC for Next level Real Estate Bookkeeping Solution

If you're looking for a bookkeeping solution that is both affordable and comprehensive, then MAC is your answer. We offer Real Estate Bookkeeping services that include accounting, payroll, tax preparation, credit card processing, Bank Reconciliation and more to ensure that your business has the most efficient systems in place. Contact us today!

How To Implement Retail Bookkeeping In A Growing Business

 

The retail industry is a major player in the U.S. economy, contributing over $5 trillion to GDP annually and employing 16 million Americans. The retail industry has been pushed to grow quickly due to increased demand for goods from consumers across the country and around the world.

In recent years, this high-paced growth has put pressure on retailers' internal resources including accounting departments that are tasked with managing financial data accurately and efficiently while also meeting deadlines for reports such as 1099s at tax time. With these challenges in mind, we helps Bookkeeping for Retail Store can help maintain accurate records of daily transactions in a growing business by providing a complete picture of a company's finances without having to spend too much time or money!

The Fundamentals of Retail Bookkeeping

As a retail business owner, you know that your store's most valuable asset is the information it generates. It's not just about how much money you make or what kind of inventory you have; it's also about how well-organized all the numbers are. If anything goes wrong with your bookkeeping, then your profits will suffer, which can lead to more problems down the line.

The retail industry is a tough one to be in with the constant influx of new competitors and evolving technology. This makes keeping up with accounting standards challenging for many retailers, but with most people not being bookkeepers themselves it's time for them to find someone they can trust who will take care of their books!

Hire MAC for Retail Bookkeeping Solution

If you're a retail business, one of the most important parts of your day is accounting. It's not always easy to stay on top of everything and it can be even harder when you're looking for someone to take care of it for you.

At MAC we're here with all-inclusive bookkeeping services that will save your company time and money! We offer monthly or quarterly reports so that there are no surprises come tax season, as well as year-round support with employee payroll and more! Find out what we can do for you today – reach out to us at (877) 761-9996 or email accounts@rayvat.com