Taxes

Oh, taxes. What would we do without you? And would you mind if we spent some time finding out? Well, probably not, so in the meantime, QuickBooks is there for you. These articles can give you advice about paying your taxes.


As you may have heard, the IRS has new requirements for the 1099-MISC form. For the 2011 tax year, some forms of payments from 1099-MISC will be reported on a new third-party form 1099-K. You can find out more here: payroll.com/1099

Now the important part: Don’t panic! We’re here for you. We’re making changes in QuickBooks to support these new requirements and help you with this transition. Details are coming in an email you’ll be soon. We’ll be updating this page regularly as we continue our progress, so you can check back here or follow us on Twitter (@QuickBooksMac) or Facebook (http://www.facebook.com/QuickBooksMac).



Most recent articles



Geting ready for your CPA: QuickBooks Year-End Checklist

Row of Ducks

Checklists make work faster and easier, and even a simple checklist can save you hours of time at year-end. A Year-End Checklist Saves time:  Your checklist helps you do each step in order, keep from back-tracking, duplicating work, or doing … [Read more...]

I did what?: Three common tax mistakes small businesses make

mistake

As a CPA, I've seen a wide variety of mistakes related to taxes, some of which were very costly to business owners. The IRS and state tax code and regulations are very complex. And they change every year, of course. This creates big challenges for … [Read more...]

Right Angle: Creating Perfect 1099s–An Expert’s Guide

prepfor1099

You may be ready to do your own 1099s, or to do your clients’ 1099s, but is the QuickBooks data you're working with ready for you? You've heard about the 1099 rule changes and you've figured them out, you've decided to file 1099s electronically or … [Read more...]

What’s in Your Check Number Field?

check number QuickBooks Mac

I bet you already know that QuickBooks for Mac records most of the bills you enter and pay as “checks,” regardless of whether we’re actually writing out checks, paying a contractor with PayPal, whipping out your debit card, or forking over a fistful … [Read more...]

So many choices, Part 2: Vendor transactions and more

manychoicesthumbnail2

This article is Part 2 of a two-parter on the transactions you can use in QuickBooks. Part 1 covers customers. This one covers vendors. With vendors, it's all about spending money. You need stuff to run your business, whether that's new inventory … [Read more...]

Managing the changes for 1099s in QuickBooks 2009 and earlier: Part 2

QuickBooks 1099 Detail Screen

Managing the changes for 1099s in QuickBooks 2009 and earlier   Did you pay some of your 1099 vendors with a mix of checks, credit card, electronic funds transfer, debit card, PayPal, and direct deposits--that is, both reportable and … [Read more...]

Managing the 2011 tax year 1099 changes manually in QuickBooks

QuickBooks Mac 1099 Preferences screen

For tax year 2011 the IRS has changed the 1099-MISC reporting requirements. We've got a manual process that will help you sort out what you need to report, what you don't need to report, and how to make sure that the right amounts get onto the … [Read more...]

Using the Updated 1099 Wizard

About QuickBooks for Mac window

Purchasing the QuickBooks Assistance App for 2010-2011, Managing the 2011 tax year 1099 changes manually For tax year 2011 the IRS has changed the 1099-MISC reporting requirements.  If you have 1099 vendors, the IRS has made some changes that may … [Read more...]

Grappling with sales tax? QuickBooks can help

bite_featured

If you sell stuff, sales tax is part of your life. Ugh. Oh, I mean, lucky you! OK, I tried to be upbeat, but there's really no way around the fact that sales tax takes a bite out of your donut. But QuickBooks can make it easier for you, even if … [Read more...]

Tax Time: Working with Forms 1099 and 1096

teaching

When tax time looms large, it’s easy to freak out—suddenly you remember that on top of all the other tasks you must complete, you need to print and send out 1099-MISC forms for all your contract service vendors. Form 1099s need to go in to the IRS, … [Read more...]

You can also post your own question to the QuickBooks for Mac community.