News & Advice

Can IRS Access Quickbooks Online?

Can IRS Access Quickbooks Online?

The IRS does not have direct access to your QuickBooks Online account or financial data without your permission. QuickBooks Online is a cloud-based accounting software platform, and Intuit, the company that develops…
Is Owner's Draw Considered Payroll

Is Owner’s Draw Considered Payroll?

The owner's draw is not considered payroll. Owner's draw is a method that business owners, particularly in sole proprietorships, partnerships, and some types of LLCs (Limited Liability Companies), use to take money…
What Are Personal And Professional Services?

What Are Personal And Professional Services?

Personal and professional services are two broad categories of services that individuals or businesses offer, each serving distinct purposes and often targeting different types of clients or customers. Here's an overview of…
How Do I Protect My LLC Money?

How Do I Protect My LLC Money?

Protecting the money and assets of your Limited Liability Company (LLC) is essential to safeguard your personal and business financial well-being. Here are some steps you can take to protect your LLC…
What Are Business Professional Services?
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What Are Business Professional Services?

Business professional services, also known as professional services or professional service firms, refer to a category of organizations that offer specialized expertise, skills, and knowledge to other businesses or individuals. These services…
What Are The 7 Ms Of Management?

What Are The 7 Ms Of Management?

The "7 Ms of Management" is not a widely recognized or standardized management concept. However, there are various management models and frameworks that use a similar approach to categorizing elements or factors…