Changing Seasons, Changing Prices Changing the prices of your company’s services and inventory items can solve one of two problems, depending on why you’re looking for a solution. Say your materials suppliers have upped their prices. You may choose to increase your affected products to maintain your profit margin. Or maybe an item or service has not been moving well. A drop in … [Read more...] about Changing Seasons, Changing Prices in Quick books
Small Business
Do H1B visas remain valid if you change employers?
Yes they do. As long as the H1B nonimmigrant has not violated status and has a current I-797 H1B approval notice for his or her current employer, the “old” visa remain valid until it expires. Below, find a memo from the then-INS on this subject. It remains valid today: July 8, 1997 All District Directors All Officers-in-Charge Office of Benefits Service Center Directors … [Read more...] about Do H1B visas remain valid if you change employers?
What is a Charitable Organization?
Money or property that you donate to “qualified” charitable organizations can be included in your itemized deductions as a charitable contribution. But what is a “qualified” charity? Churches, synagogues, temples, mosques and other religious organizations Federal, state and local governments (if your contribution is solely for public purposes) - generally includes local … [Read more...] about What is a Charitable Organization?
Tax Tips for New Business Owners
If you are planning to open a new business, there are a number of tax and accounting issues you need to be aware of. The following are some of the more commonly encountered issues a new business owner needs to cope with. Entity Selection – First, you must decide what type of business entity you are going to establish. The type of business entity will determine which tax … [Read more...] about Tax Tips for New Business Owners
Go Back to School With the Educational Tools of QuickBooks
We know. When you first cracked your copy of QuickBooks, you wanted to dive in and start generating invoices. Fortunately, QuickBooks is intuitive enough that you were able to do just that. And its help system is so robust that you were able to get procedural questions answered quickly and easily. But there’s a lot to be said for backing up a bit and taking advantage of the … [Read more...] about Go Back to School With the Educational Tools of QuickBooks