by the Storen Team | Aug 9, 2022 | Businesses, Resources, Resources for Businesses, Tax FAQs, Taxes
The basics of tax estimates: What, Who, and Why Everyone must pay the federal government taxes as they earn or receive income during the year. In other words, our income tax system is a pay-as-you-go system. If you wait until April 15th of the following year to pay...
by the Storen Team | Aug 4, 2022 | Business 1099, Business Coaching, Businesses, Resources, Resources for Businesses, Taxes
New Reporting Requirements for 1099-K Article from CPA Practice Advisor It used to be that receiving a Form 1099-K was relatively rare. The form, technically known as Form 1099-K Payment Card and Third-Party Network Transactions was used to report payments received...
by the Storen Team | Jul 20, 2022 | Business Coaching, Businesses, Education, QuickBooks, Resources for Businesses
Training programs designed to boost your business! Our clients go into business because they are really good at what they do – not to become accountants. Business owners often find working on their financials time-consuming and frustrating. And frequently, they don’t...
by the Storen Team | May 11, 2022 | Business Coaching, Businesses, Resources for Businesses
Does the thought of presenting your business’ financial statements give you anxiety? Have you ever left a meeting with your accountant unsure of what the financial terms mean? If so, you’re not alone. According to a QuickBooks survey, nearly 40% of small business...
by the Storen Team | Apr 7, 2022 | Businesses, Resources for Businesses, Retirement
As the Great Resignation continues to impact companies across the country, employers are working harder than ever to retain talent. While competitive salaries and health insurance benefits are obvious first steps for many businesses looking to retain their people,...
by the Storen Team | Feb 8, 2022 | Businesses, QuickBooks, Resources for Businesses
How-to reconcile credit card processor service fees One of the most common struggles plaguing business owners and bookkeepers alike is reconciling deposits when the credit card processor deducts the service fee from each transaction. This causes the deposit amount and...
