How long should I keep records for accounting and tax purposes?
The length of time you should keep a document depends on the action, expense, or event the document records. Generally, you must keep your records that support an item of income or deductions on a tax return until the period of limitations for that return runs out. The period of limitations [...]
New QuickBooks Premier Adds Feature Designed for Business and Industry
Intuit has recently released QuickBooks Premier 2012, which has all the features of QuickBooks Pro, plus advanced reporting and tools tailored to the needs of business and industry. With Premier, you can view customized sales and profitability reports, run “Cost to Complete Job” reports, and more. Additional features of QuickBooks Premier include: Allows up to [...]
Keep Your Not-For-Profit Organized with a Schedule
Accountability is a big factor for not-for-profit organizations. Nonprofits show evidence of their accountability through complying with required legal and financial reporting requirements. With all of the different deadlines, it’s imperative for nonprofits to keep organized to ensure accurate and timely reporting. The Nonprofits Assistance Fund has created a basic financial and administrative activity schedule [...]
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