Archive for the 'Managing Taxes' Category

QuickBooks & Turbo Tax - Optimize Your QB Data for Taxes With These 10 Tips - 2

Continuation of part 1 of the article:
6. 1099 Preparation. This isn’t a QuickBooks and Turbo Tax issue, but still applies since it’s for a similar time of year. Get it set up the right way:

From the Edit menu, select Preferences.
Select the Tax:1099 preference.
Click the Company Preferences tab.
Where it says, “Do you file 1099-MISC forms,” select […]

January 13 2008 | Managing Taxes and Money Management | No Comments »

QuickBooks & Turbo Tax - Optimize Your QB Data for Taxes With These 10 Tips - 1

By Jennifer A. Thieme
If you are interested in using QuickBooks and Turbo Tax, there are some important steps you need to do before filing. Take care of these steps to ensure that your income tax returns are as accurate as possible.
1. Reconcile Accounts. All Balance Sheet accounts in the Chart of Accounts (COA) that can […]

January 12 2008 | Managing Taxes and Money Management | No Comments »