Month: July 2021
The Shift to Customer-Centric Service
How to Track Inventory in QuickBooks
Knowing where you stand with your company’s product count is crucial. QuickBooks can help you stay current.
Customers Paying Late? How to Create Statements
There are many ways to encourage delinquent customers to pay. QuickBooks Online’s statements may be effective for you.
KRD Named One of Chicago’s Best and Brightest Companies to Work For!
June 24, 2021 — Every year, companies throughout the greater Chicago region compete to be named one of “Chicago’s Best and Brightest Companies to Work For®.” Only companies that distinguish themselves as having the most innovative and thoughtful human resources approach can be bestowed this honor.
Cryptocurrency and Virtual Currency Tax Guidance
Virtual currency transactions are taxable by law just like transactions in any other property. The IRS is aware that some taxpayers with virtual currency transactions may have incorrectly reported or failed to report income and pay the related tax. Therefore, it is actively addressing potential non-compliance in this area. Millions of taxpayers may find themselves… Continue reading Cryptocurrency and Virtual Currency Tax Guidance
2021 Tax Planning: Charitable Giving
Do Your Managers Speak the Language of Business?
Looking Beyond Financial Statements
Financial Statements provide critical insights about your business results. They include the Income Statement, Balance Sheet, and Statement of Cash Flow. Each statement should be reviewed for insights into what has already occurred. Consider them your report card. (If you are only looking at a single financial statement once in a while, you should consider… Continue reading Looking Beyond Financial Statements